Sunland Group issues LoI to Arabtec for construction of The Atrium
Monday, September 29, 2008
The project, worth more than Dh.2.4bn, will consist of all associated civil, structural and electromechanical works, commissioning and external works.
The project, covering more than 3million square feet, will include three basement levels and 68 storey residential towers.
The project will be complete by 2013.
Arabtec, together with Emirates Sunland, a joint-venture group between Sunland and Emirates International Holdings, is now working on two major projects in Culture Village.
One of these projects is the D1 Tower - an 80 storey luxury residential building, and Palazzo Versace Dubai - a 215 room luxury hotel and 169 condominiums.
Madinat Al Arab forms the first phase of the Waterfront project by Nakheel. This premier beachfront precinct will transform the 1.4bn square feet of space into an international community with hotel, residential, retail and commercial developments.
The Waterfront, developed on the last 15km of natural coastline in Dubai, will provide about 70km of coastline in all, including the 23 percent of Arabian Canal. The ideal location of the Waterfront, in proximity to the new Jebel Ali Airport, makes the new precinct completely accessible to the local and international scale.
The Atrium project will be unveiled during the forthcoming Cityscape 2008 to be held in Dubai.
Labels: Arabtec, New Contracts
Saba 4 construction contract worth Dh664mn awarded to Arabtec
Wednesday, September 10, 2008
The Saba 4 tower, located in Jumeirah Lakes precinct of Dubai, has its infrastructure works well under progress, and the development of main structure will happen in first quarter of 2009.
The tower, which is 222 meters in height, has 51 storey dedicated for business space, parking, and several other amenities, required to cater to needs of offices.
The Chairman of Saba Properties, Javaheri, said "Arabtec has a wonderful engineering vision, which has manifested in development of high quality developments, whether commercial or residential, with an integral architectural framework. This has proven to have outstanding status in the market through construction of various landmark projects and strategic plans. We are pleased to work with Arabtec, and will render complete support to this agreement and future agreements that would help realize the expectations of both our companies."
Arabtec Holding PJSC, known as Arab Technical Construction Company PJSC, is a Public Joint Stock Limited Liability Company, formed in 2004 for investment in the contracting sector through establishing, acquiring and owning shares in construction related companies in UAE and abroad.
Labels: Arabtec, New Contracts
Arabtec awarded the Dh.1billion hotel contract
Thursday, July 19, 2007
The work includes the main hotel building construction, comprising four basement levels, mezzanine and ground floors and fifty one storeys, Arabtec has revealed.
The contract is worth Dh.1,076 million, but the company who has awarded the work is yet to be disclosed.
Arabtec Holding, Managing Director, Riad Kamal, said "The participation of DCC with Arabtec in this joint venture is due to the successful track record of earlier joint-venture for the construction work of the Fairmont Hotel in Dubai."
Arabtec, established in 1975, employs more than 24,000 people.
Labels: Arabtec, Construction Projects, New Contracts
Arabtec wins Dh.370m contract for Umm Al Quwain Marina
Wednesday, May 09, 2007
About 277 villas are being planned under the leadership of Emaar Properties. The project will be completed within two years.
With this, the total number of villas currently under construction by Arabtec will reach a total of 2,801, with 759 villas for Emaar, 558 for Dubai Properties and 1484 villas for Mohammed bin Rashid Housing Programme.
During the last four years, Arabtec had already completed 4,964 villas with 4,386 villas for Emaar properties at Emirates Lakes, Emirates Hills, Springs, Meadows, Arabian Ranches and about 560 villas for Dubai Silicon Oasis.
Labels: Arabtec, Emmar, New Contracts, Umm Al Quwain, Umm Al Quwain Marina
Infinity's foundation site flooded
Tuesday, February 13, 2007
The excavation work of "the tallest building with a twist", the Infinity Tower, was almost nearing completion, when the workers heard a loud sharp sound, who later noticed the sand pouring down on all sides. The foreman asked the workers to escape immediately.
The Eighty storey tower, worth Dh.700 million, is said to have a ninety degree twist. The Manager of Arabtec has mentioned that the happening is in the process of investigation.
Labels: Arabtec
