Dubai Pearl has signed a Dh498 million ($136 million) agreement with Dubai Contracting Company (DCC) to build the Omnix North and Omnix South Office Towers of Dubai Pearl.

The agreement was signed by Dubai Pearl president Jamal Abu Issa and DCC chairman Abdallah Yabroudi.
Scheduled for completion by mid 2008, the 55-storey office towers will be a key feature of the Dh5.8 billion ($1.6 billion) Dubai Pearl, a 10 million sq ft self-contained community taking shape at The Palm Jumeirah. The office towers will rise to around 208 m and establish Dubai Pearl as a prestigious business, residential and leisure destination in the Gulf.
Abbu Isa says Dubai Pearl will incorporate the most sophisticated design technologies to offer a world-class office environment.
“This contract win is a vote of confidence in DCC,” comments Yabroudi. “Our association with this prestigious project underlines our leadership in the region’s real estate industry.”
The total area of both office buildings exceeds 1.7 million leasable sq ft. The towers will take 23 months to finish.
Overlooking The Palm Jumeirah and adjacent to the Dubai Media and Internet Cities and Knowledge Village, Dubai Pearl will be a novel mix of residential, commercial, retail and leisure developments designed to reflect Dubai’s multicultural character.
Dubai Pearl will feature four deluxe hotels, three residential buildings, two office towers, a comprehensive retail space, an exhibition area for IT shows and conferences, an art gallery, and the 1,800-seat Royal Hall theatre.