This article is from the Australian Property Journal archive
HABTOOR Leighton Group has been awarded a AED1.45 billion ($US395 million) contract by the Al Habtoor Group to build the residential towers project as part of the landmark AED11 billion ($US3 billion) Al Habtoor City development in Dubai.
The Al Habtoor Residential Towers project is a mixedâ€use development located immediately adjacent to the proposed Business Bay creek extension (Dubai Water Canal). It includes:
– 2 x 75â€storey residential towers
– 1 x 52â€storey residential towers
– 7â€storey podium including basement, ground floor and five floors of retail and parking.
On an adjacent site HLG is currently constructing the AED1.9 billion ($US515 million) Al Habtoor City hotel development, which will be the Middle East’s largest integrated resort when it is completed in 2016.
HLG CEO José Antonio Lópezâ€Monís said the contract continues a long and successful relationship with the Al Habtoor Group.
“We’ve successfully delivered numerous major projects for the Al Habtoor Group in the past, and this project further demonstrates the confidence Khalaf Al Habtoor has in HLG.
“We’re delighted to be selected to build what will be one of Dubai’s most prestigious and recognizable developments,” he added.
Property Review
