Tameer to build $137m DSO tower
Dubai: Dubai real estate developer Tameer Holding plans to build a Dh500 million ($136.6 million) residential and business tower at the Dubai Silicon Oasis.
The Palace Tower will feature 424 residential units and 150 offices. It will be completed during 2008. Facilities will include a shopping mall, several restaurants and cafeterias, two swimming pools, a nursery, a mosque and three gyms.
Dubai home to 30,000 cranes
Sharjah: Nearly 30,000, or 24 per cent of the world’s 125,000 construction cranes, are currently operating in Dubai, according to the organiser of the Conmex construction machinery exhibition. The four-day exhibition will debut at the Expo Centre in Sharjah on November 25.
Demand for construction-related machinery, equipment and vehicles is expected to continue rising in the Middle East, especially in the UAE, due to the continuing construction and real estate boom, the organisers said.
The UAE’s market for heavy construction machinery stood at $165 million, road construction machinery at $142 million and earthmoving machinery at $125 million a few years ago. The size has increased by 15 to 20 per cent since then.
Annual market demand for used machinery in the Middle East is valued at over $1.3 billion. As of last April, there was almost $300 billion worth of projects under way in the UAE.
Although construction activities in the UAE are concentrated in Dubai and Abu Dhabi, the other emirates are not far behind, the organiser said.
DMC awards bridge contract
Dubai: Dubai Maritime City (DMC), one of the world’s largest and the most comprehensive maritime complexes in the world, has awarded the contract for building the first phase of infrastructure and roads in the city.
The construction phase marks one of the pivotal stages in the development of the iconic project.
The first phase of infrastructure development will focus on constructing a central bridge, which will connect the Dubai Maritime City to the coastline.The bridge, expected to be completed by the first quarter of 2007, will act as a gateway for tenants and clients of the industrial zone.
The first phase will also encompass shifting of the services area, construction of quay walls and related infrastructure including roads, street lighting as well as the work to be executed in the upper bridge.
When completed, Dubai Maritime City will be the world’s biggest and the most comprehensive maritime complex spread across 216 hectares of man-made peninsula between Port Rashid and Dubai Dry Docks.
Dubai Lagoon deal inked
Dubai: Dubai Lagoon has announced a turnkey contract with a joint venture of Daewoo Shipbuilding and Marine Engineering (DSME) and Sunjin Civil and Architecture (C&A) Company of South Korea to construct the Dh3 billion ($ 816.76 million) residential community development.
Construction work is expected to start in August.
As part of the contract, Daewoo DSME – Sunjin C&A Company, a world leader in civil engineering projects, will be responsible for the entire project which will include construction of housing units, internal roads, landscaping, lagoon formations and MEP (Mechanical Electrical Plumbing).
The project is divided into two phases with phase one to be completed by December 2007 and phase two by mid-2008.
Emirates Glass supplies Etisalat Tower
Dubai: Emirates Glass has secured a prestigious order to supply 10,000 sq m of its EmicoolSun NN35 green glass for the Emirates Telecommunications Corporation’s Etisalat Tower project in Dubai.
The elegant boat-shaped tower, located at the Dubai Trade Centre Roundabout, will use this type of glass for all the curtain-wall and window glazing.
Emirates Glass general manager Jerry Dowling says the EmicoolSun NN35 green, chosen for the Etisalat Tower project, will add considerably to the attractive appearance of the design.
The company will complete the Etisalat Tower project this summer. Besides the Etisalat order, Emirates Glass has won orders totalling 134,000 sq m so far this year for its various architectural glass products.
Edara wins stadium towers deal
Dubai: Edara, a project management company and a wholly-owned subsidiary of Union Properties, has been selected as the project manager for the two new towers located at the north and east corners of Mohammed Bin Zayed Stadium in Abu Dhabi.
Spread over 2,200 sq m and overlooking Al Jazira Club Stadium, the two new 15-storey towers will cost Dh130 million ($35.4 million). One of the two towers will serve as commercial office space, while the other will comprise luxurious residential apartments. The timeframe for completion is 22 months from the commencement of the work in July 2007.
Al Jazira Sports and Cultural Club chief executive officer Abdulrazaq Al Jassim signed the agreement, alongside Edara general manager Adel Lootah who will be in charge of supervising both the project’s major consultant and the contractor, to ensure the implementation of all the related details. This project comes in harmony with the stadium expansion plans, strategically located in Abu Dhabi.