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Projects Monitor 

Covering major construction projects in the Middle East
Updated: 24May12
 
Amlak Finance - Warqa Heights
Country : UAE
Project Value : USD 544,000,000 Estimated
Sector : Real Estate | Community Development
Consultant : TECOM Investments (Master Plan)
Profile Type :  Standalone Project
Phase:
Planning
 
 
Owner : Amlak FinanceAmlak FinanceLoading... - UAE
Location :
Al Warqa, Dubai, UAE
Contract Type : Construction
Facility Type : Community development
Capacity : Built up area: 560,000 sq.m. 
40,000 residents
Main Usage :  Community Development  
Background Amlak FinanceAmlak FinanceLoading... plans to develop Warqa Heights, a community development located in Al-Warqa, on the Emirates Road.

The project will have an area of 560,000 sq.m., and will include commercial, residential and retail buildings with related facilities.

Master plan will be carried by Tecom InvestmentsTecom InvestmentsLoading....
Latest Events In May 2012, the project was still in the planning stage and no schedule was revealed yet.
Previous Events In June 2008, Amlak FinanceAmlak FinanceLoading... was in final negotiations with TECOM Investments.

In February 2008, the project was launched.

In 2007, Amlak FinanceAmlak FinanceLoading... bought the land from Dubai Executive Council.
Scope of Work Construction of a 560,000 sq.m. community development including:

- piling, groundbreaking and infrastructure work (water, sewage, electricity)
-commercial buildings
-residential buildings
-retail outlets and related facilities
Project News
03-Feb-2008 Amlak realty portfolio at Dh4.5bn - Emirates 24|7

Project Schedule

ScheduleContract Phase/PhaseDescription
Feb 2008 AnnouncementProject announced

Project News

03-Feb-2008 Amlak realty portfolio at Dh4.5bn - Emirates 24|7
 
Building 3, 1st Floor, Sheikh Zayed Road, Emaar Business Park Area, P.O. Box 2441, Dubai, United Arab Emirates, Dubai
Tel: +971 4-427-4500,+971 4-427-4747 | Fax: +971 4-427-4501,+971 4-427-4502 | Email: info@amlakfinance.com | Website: www.amlakfinance.com
 
TECOM Investments
Consultant - Master Plan
MasterCard Building 4, 1st and 3rd Floor, Sheikh Zayed Road, Dubai Internet City, P.O. Box 73000, Dubai, United Arab Emirates, Dubai
Tel: +971 4-391-1111 | Fax: +971 4-367-2790 | Email: customercare@tecom.ae | Website: http://www.tecom.ae
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