Arabtec Construction wins AED1.8 billion contract for Atkins-designed 369.1m-high tower on Sheikh Zayed Road in Dubai
Construction is due to begin this month on the second tallest building in Dubai’s Central Business District. At 369.1m in height, the mixed-use tower has been designed by Atkins and a contract worth AED1.8m has just been awarded to Arabtec Construction (Arabtec) for its realisation.
Located only one block from the world’s tallest tower, the Burj Khalifa, the new skyscraper will take its position as one of the top ten tallest buildings in Dubai. The skyscrapers that currently surpass the 369.1m-tall design are: Burj Khalifa (828m); Princess Tower (413m); 23 Marina (392.8m); and Elite Residence (380m). Dream Dubai Marina (432m) and The Address The BLVD (370m) are currently under construction.
Within the tower, Atkins has incorporated 22,000 sq m of office space across 18 floors with 908 sq m of retail facilities and a 350-key hotel. There will also be 83 serviced apartments and 180 luxury residential units. Discussions are currently underway with a number of hotel operators to secure a brand to manage the 6-star hotel and serviced apartments (25 floors).
Hasan Abdullah Ismaik, Managing Director and CEO of Arabtec Holding, commented: “This project is further recognition of Arabtec’s track record in delivering world-class mixed-use developments. This tower will be a quality addition to Arabtec’s already high profile backlog in the UAE and across the region. Our appointment to build this high-rise building in the heart of Dubai’s business center is a strong endorsement of our unique capabilities in delivering high-quality complex structures.”
Ismaik added: “We are pleased to continue our long-time contribution to the urban development of the UAE and the region in general. This project is another sign of the recovery of the property sector in the UAE and the Middle East and North Africa Region.”