14 July 2009
IFA Hotels & Resorts (IFA HR) has completed all the main building works on its Fairmont Residences, Palm Jumeirah project in Dubai, it was revealed yesterday.

The development consists of two residential buildings with 562 units. All residences will be managed by the Fairmont Palm Jumeirah hotel (scheduled to open 2010), which is positioned between the two residential buildings.

"We are now busy with all the interior finishes, bringing us one step closer to delivering yet another high end product to our valued customers," said Werner Burger, IFA HR President and COO.

The first units of residential development is targeted for completion during the end of 2009 third quarter.

Finishing works in the development are progressing on the external works, the penthouse and the swimming pools and landscaping. The beach profiling is planned to get underway during August 2009, while preparations are being made for all testing and commissioning works.

There are currently 2,800 people working daily on site and the collective working hours achieved by the workforce is 14 million hours.

"This was our first contracted IFA Hotels & Resorts project," said Abdallah Yabroudi, CEO of Dubai Contracting Company.

"This has been a positively challenging project, but we are confident we are going to complete on time and hand over what will be another successful project," said Nic Alford, Operations Board Director for Mace (the project and programme managers).

"We are in the process of handing over the Golden Mile, Palm Jumeirah residences which began in May; delivery to our customers is our number one priority at the moment and we are continuing to achieve this across our different projects despite the current market climate," said Burger.

By Staff Writer

© Emirates Business 24/7 2009