Al Ain Properties has awarded Multiplex Constructions LLC the main construction contract for its Address Residences Jumeirah Resort + Spa development in Dubai.
Multiplex has reportedly commenced mobilization for the construction of the twin-tower project, which comprises 77 stories and three basement levels, as well as ground and podium levels.
A mixed-use project, Address Residences Jumeirah Resort + Spa will have a built-up area of approximately 257,000 square meters and feature a 217-room hotel, as well as serviced and unfurnished residential apartments boasting a La Dolce Vita-inspired design.
“We are confident that Multiplex will produce a high-quality product,” said Mike Fraser, managing director of Mirage Leisure and Development, the development manager for Al Ain Properties. “We look forward to the participation of client, contractor, and consultant team to make this project a success, adding yet another iconic tower to Dubai’s already impressive skyline.”
Launched in 2016, the development is scheduled to be completed in the fourth quarter of 2020.
“The long-term outlook for real estate in the UAE remains positive,” said Khedaim Al Darei, managing director of Al Ain. “Address Residences Jumeirah Resort + Spa raises the bar in luxury hospitality and residential developments. With the commencement of the project’s main works, we aim to deliver this project on schedule and to the highest standards.”
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