AED200 million contract will see work begin on the sought-after residential development set for completion in Q2 2019
Dubai, UAE – Dubai Properties (DP), a leading Dubai-based real estate master developer and asset manager of renowned destinations across the Emirates, today announced the appointment of SEIDCO General Contracting as the main contractor for the sought-after Bellevue Towers residential development in Burj Khalifa District. The contract, worth more than AED200 million, will be completed by Q2 2019.
According to Marwan Al Kindi, Executive Director – Sales and Sales Operations at DP: “Choosing the right contractor for an iconic project such as Bellevue Towers is crucial and we are pleased to have appointed SEIDCO as our trusted partner to bring the destination to life. With work on track for a Q2 2019 completion, Bellevue Towers is another example of a DP development that meets a market requirement for high-quality residential property in a strategic location. Bellevue Towers is set to offer a unique lifestyle for home-owners looking for a stylish and upscale residential destination.”
SEIDCO, a UAE-based contracting company specialising in a diverse range of construction projects including residential high-rise buildings and housing complexes, sees the Bellevue Project as an opportunity to contribute to the continued growth of the UAE’s real estate market. Engineer Omar Atef Ajjaoui, Chief Operating Officer from SEIDCO said: “As a reflection of SEIDCO’s administrative efficiency and technical strengths, we have continued to sustain steady growth and expansion which is attributed to our ability to undertake and successfully complete projects on time and on budget. The Bellevue Towers project allows us to utilize our 42 years of experience and cutting edge technology to efficiently deliver excellence.”
The Bellevue Towers residential apartment buildings will offer 319 units including 159 one-bedroom apartments, 105 two-bedroom apartments, 42 three-bedroom apartments, 10 penthouses and 3 loft apartments. The 717,156.57 sq. ft. two-tower development, located close to the waterfront of Marasi Business Bay and with panoramic views of the Burj Khalifa Master Community, has a bespoke sustainable design featuring a contemporary façade with balconies and terraces for all apartments. A good quality finish throughout the building, a landscaped podium terrace, and extensive amenities including a gym, pool and children’s pool and playground, will ensure residents are offered an exceptional urban living experience.
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About Dubai Properties:
Dubai Properties (DP) is a leading Dubai-based real estate master developer known for the development and management of prominent destinations across the emirate.
DP’s diverse real estate portfolio responds to the evolving needs of Dubai through the development and management of a host of mixed-use contemporary residential, commercial and retail developments including the upmarket residential towers at Jumeirah Beach Residence (JBR and 1/JBR), the commercial and residential mixed-use developments in Business Bay (The Executive Towers, Vision Tower, Bay Avenue, Bay Square, Bellevue Towers and Marasi Business Bay), the residential communities at DUBAILAND (The Villa, Al Waha, Arabella, Rahaba, Villanoa, Mudon, Remraam, and Serena) and the residential and hospitality projects at Culture Village around the Dubai Creek (Dubai Wharf and Manazel Al Khor), as well as the growing portfolio of community retail projects within its leasing communities including Layan, Shorooq, Ghoroob, Al Khail Gate communities and Nuzul staff accommodation.
© Press Release 2017
