PHOTO
Sharjah's tallest residential tower is expected to be tendered in the third quarter, according to the project's lead consultant.
Mohammed Al-Shurafa, Mimar Architecture and Engineering's Group Vice Chairman and UAE Managing Director told Zawya Projects that that the main tender for the 226-metre, 57-storey residential tower is expected to be issued by end-September.
Al-Shurafa said that the project, spread over an area of about 6,000 square metres, would be developed at an investment of $80 million.
He declined to name the developer but said construction is expected to start in December 2021 and complete after 36 months.
Al-Shurafa said the company is currently providing design, engineering, project management and construction supervision services to $450 million worth of projects across the UAE ranging from a $110 million, 12-building student housing project in Sharjah to a 34-storey residential tower in Dubai and a shopping mall in Abu Dhabi.
(Reporting by Eman Hamed; Editing by Anoop Menon)
Disclaimer: This article is provided for informational purposes only. The content does not provide tax, legal or investment advice or opinion regarding the suitability, value or profitability of any particular security, portfolio or investment strategy. Read our full disclaimer policy here.
© ZAWYA 2021
