ARACO appointed for three Dubai projects for AED395mn
Engineering consultant Abdul Rahim Architectural Consultants (ARACO) has been appointed to work on three projects with a combined value of AED395mn, in collaboration with a local, family-owned, and operated real estate management, maintenance, development and rental company.
The mixed-use projects with different heights are located in International Media Production Zone (IMPZ), Al Furjan, and Jumeirah Village Circle Dubai. ARACO will take responsibility for the architectural, MEP, and structural design; preparation of tendering process; and construction supervision across all three projects.
Commenting on the signings, Bader AbuShaaban, head of business development at ARACO, said: It is incredibly exciting for us to partner with such a forward-thinking and innovative real estate specialist on projects that contribute towards the continued development of Dubai as a destination for world-class developments and investments. These upcoming projects will feature some of the most cutting-edge and contemporary architecture in the emirate and will no doubt enjoy strong demand from investors and residents.
With an estimated construction cost of AED300mn, the first project in the pipeline is a twin high-rise tower development located in Dubais IMPZ. Once complete, it will feature two basement floors, a ground floor, and 18 stories with 539 units of one- and two-bedroom apartments. Residential amenities will include a gymnasium, family play area and swimming pool, which will all provide direct access to the central mezzanine plaza.
The second project is located at Al Furjan, with close proximity to Nakheels under-expansion Ibn Battuta Mall complex and Discovery Gardens The building comprises two basement floors, a ground floor, and 13 stories, featuring a gymnasium exclusively for the use of residents. The 108 residential units will include 54 one- and two-bedroom apartments and the building will include a fitness floor, featuring gymnasium and pool for residents, retail units and community amenities, with construction expected to cost AED60mn.
ARACO was appointed to the third project, located at Jumeirah Village Circle (JVC), in April 2017. The sleek and modern residential and commercial project comprises two basement floors, a ground floor, and four stories, which will feature 40 one-bedroom and 19 two-bedroom apartments. Adopting a contemporary architectural style, with glass used to maximise natural light and comfort inside, construction is estimated to cost AED35mn. Community facilities for residents will include a gymnasium, swimming pool, retail units, and other amenities.
AbuShaaban added: As Dubai nears the end of its next phase of growth ahead of Expo 2020, we are very proud to contribute to the continued development of the emirates building stock. Such cutting-edge, state-of-the-art projects as those initiated this year, dont just provide Dubais residents with stylish, affordable homes but excellent investment opportunities for the future.