Pearl Development and Real Estate Company said the construction work at the landmark BD95 million ($252.1 million) Abraj Al Lulu project is progressing ahead of schedule with the completion of more than 50 per cent of the finishing work.

With the structural work nearing completion, the project has completed eight million man-hours, said Dadabhai Construction director Pranay Thacker.

'It gives us great pleasure to announce this achievement which validates our commitment in providing all our stakeholders with world-class quality on time,' he said.

'Having concluded over 50 per cent of the finishing work, eight million man-hours and the project nearing structural work completion of the three towers, we are now way ahead of schedule.

'I would like to congratulate the contractors and the entire Abraj Al Lulu team for having achieved this significant feat. This has only been made possible by our continued focus on quality and planning.'

Meanwhile, Abraj Al Lulu will be participating in the upcoming ESTATEX fifth Real Estate & Housing Exhibition, to be held from November 11 to 15 in Dammam, Saudi Arabia.

Abraj Al Lulu private sector freehold residential development houses 903 apartments in one complex in three towers along with 1,200 parking spaces.

The complex is on a plot area of 184,700sq/ft and the total built up area is 2.25 millionsq/ft distributed among two identical towers, Gold Pearl and Silver Pearl which are 51 floors each and a third tower, Black Pearl which is 41 floors.

Pearl Development and Real Estate Company is a consortium of GCC investors. TradeArabia News Service