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Covering major construction projects in the Middle East
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| Country |
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UAE |
| Project Value |
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USD 51,700,000 |
| Sector |
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Real Estate | Mixed Development |
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Contractors |
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National Dewatering and Land Draining Company
(Enabling works) |
Al Shafar General Contracting Company
(Construction) |
Al Shafar United Electromechanical Engineering
(MEP) |
| Profile Type |
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Standalone Project
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Phase: Construction - Execution
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Completion: Q2 2012
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| Owner |
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DAMAC PropertiesDAMAC Properties - UAE
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| Location |
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Reem Island, Abu Dhabi, UAE
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| Contract Type |
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Construction |
| Facility Type |
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Mixed Tower |
| Capacity |
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25 storeys residential tower |
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| Background |
Damac Properties plans to build Marina Bay, a mixed used development, green and eco-friendly project in Abu Dhabi, located 300 m. away from Abu Dhabi City Centre and 20-minutes from the Abu Dhabi International Airport. The tower includes a 25 storeys, retail outlets on the ground and mezzanine levels, offices on podium level and penthouses and residential duplexes on higher floors. |
| Expected Events |
| Schedule |
Contract Phase/Phase |
Description |
| Jun 2012 |
Completion | Project expected to be completed
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| Latest Events |
In April 2012, the construction of the project was still ongoing. In Q2 2012, the project is expected to be completed. |
| Previous Events |
In July 2011, construction of the project was still ongoing. In Q3 2010, construction started. In July 2010, the enabling work was completed. In June 2010, the main construction contract was awarded to Al Shafar General Contracting CompanyAl Shafar General Contracting Company , and the MEP contract to Al Shafar United Electromechanical Engineering. In June 2009, the enabling work contract was awarded to National Dewatering and Drainage Services Company. In 2008, the project was launched. |
| Scope of Work |
Construction of a 25 storey tower including: - Residential apartments (with one, two and three bedrooms) - Commercial and retail outlets - Shops - Restaurants - Gym |
| Project News |
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| Schedule | Contract Phase/Phase | Description |
| 2008 |
Announcement | Project launched
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| Jun 2009 |
Construction | Enabling contract awarded to National Dewatering and Drainage Services company
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| Jun 2010 |
Construction | Contract awarded to Al Shafar General Contracting CompanyAl Shafar General Contracting Company and MEP contract to Al Shafar United Electromechanical Engineering
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| Q3 2010 |
Construction | Construction started
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| Jul 2010 |
Construction | Enabling work completed
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| Jun 2012 |
Completion | Project expected to be completed
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