UAE Rush » Pearl Dubai http://www.uaerush.com Real estate and construction news from the United Arab Emirates Mon, 30 May 2011 21:11:03 +0000 en hourly 1 http://wordpress.org/?v=3.3.1 Al Habtoor to construct Dubai Pearl http://www.uaerush.com/2008/11/27/al-habtoor-to-construct-dubai-pearl/ http://www.uaerush.com/2008/11/27/al-habtoor-to-construct-dubai-pearl/#comments Thu, 27 Nov 2008 07:53:33 +0000 UAERush http://www.uaerush.com/?p=1078 Pearl Dubai has awarded a Dh 8.85bn contract to Al Habtoor Leighton Group for the construction of the Dubai Pearl-project, located next to Palm Jumeirah. This contract the largest single contract in the region, and makes Al Habtoor the main contractor of Pearl Dubai covering components such as structural works, civil works, and internal structure. The construction work is expected to start January 2009.

“ While these are challenging times, Dubai Pearl’s confidence in the robustness of Dubai’s real estate sector remains high. This deal underlines our strong commitment to UAE economy and puts in a unique position to make a significant contribution to the real estate sector,”

said Abdul Majeed Ismail Al Fahim, Chairman, Pearl Dubai FZ LLC.

 

The development will feature an iconic building structure comprising of four 73-storey mixed-use towers, world-renowned fashion and technology brands, the Baccarat Hotel and Residences and will provide a 24-hour living city with commercial, retail, residential and leisure facilities.

The project will include luxury hotel brands, a 2000 seat state-of-the-art theater, a luxury fashion precinct with a premier shopping mall as well a walkable environment representing one of the most unique facets of the development.

Press release

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