Saturday 17 November 2018
 
»
 
»
Story

Gemini awards Business Bay tower contract

DUBAI, January 16, 2018

UAE-based Gemini Property Developers said it has signed up National Piling as the piling and shoring contractor for Symphony - Business Bay, a 29-storey tower coming up in the heart of Dubai’s new business district.

The company's second residential development in the UAE, Symphony - Business Bay will have a built-up area of 708,000 sq ft with 455 residential apartments, two basements and three podium levels for parking.

The ground floor of the tower will host seven retail outlets to cater to the needs of the residents, said the Dubai-based boutique real estate developer in a statement.

Its apartments range from 430 sq ft to 2,900 sq ft and include studio, one-, two- and three-bedroom units. All the apartments come with smart home technology, well-equipped gym, yoga lawn, swimming pool, rooftop barbeque, jogging track, kid’s play area, essential green open spaces and strong concierge services to its residents.

As per the contract, National Piling will complete the foundation, dewatering, piling and shoring activities within 120 days. During this period, Gemini Property Developers will appoint the main contractor for the project, it stated.

Sudhakar R Rao, the managing director, said: "The awarding of the piling and shoring contract comes within weeks after getting the necessary permissions from relevant government authorities. This reflects our determination to carry out the construction works well before the commercial launch of the project."

"This is due to our strong ethical business policies to first build and then sell to the property buyers – as seeing is believing. The construction of the Symphony - Business Bay reinforces our faith in Dubai market, noted Rao.
 
"It also begins at a time when we are getting ready to deliver our first project – Splendor at MBR City– which creates a benchmark for quality property," he added.

The construction of the Symphony project coincides with the completion of the Splendor – the company’s maiden real estate project in Dubai – which has been well-received by the investors and end-users.

Located at Sobha Hartland – with easy accessibility from all parts of Dubai, the Splendor offers breath-taking views of the Ras Al Khor sanctuary, Burj Khalifa and The Tower – the new iconic landmark project being developed at Dubai Creek Harbour, remarked Rao.

On the contract win, National Piling CEO Cheriyan Alex said: "We are pleased to support Gemini Property Developers with its new project, Symphony - Business Bay."

National Piling, he stated, is one of the leading players in the field of high-quality piling, shoring, geotechnical and foundation engineering.

"Our team is already on ground following the ground-breaking ceremony in December and hope to deliver the project within the construction time frame," he added.-TradeArabia News Service




Tags: tower | Business Bay | Dubai | contract | Gemini |

More Construction & Real Estate Stories

calendarCalendar of Events

Ads