ACC wins Emaar's Saudi residential project
DUBAI, May 23, 2016
Leading property developer Emaar Properties said its Saudi subsidiary has signed up UAE-based Arabian Construction Company (ACC) to build three residential towers at its 413,000-sq-m master-planned community Jeddah Gate.
Emaar Residences is the third residential project the developer has launched at Jeddah Gate, which also contains retail and leisure space around a central development known as Emaar Square, reported The National.
ACC, a pan-Arabian contractor headquartered in Abu Dhabi, is already working on Jeddah Gate, where it is building Emaar Square commercial district under a Dh174-million ($47.3 million) contract that began two years ago. It is expected to be handed over later this year.
The Emaar Residences towers will contain a total of 283 apartments, including a number of penthouses, it stated.
The one- to four-bedroom units range in size from 70 to 300 sq m, and each tower will have dedicated drop-off zones, lobbies, a 24-hour reception and concierge service. There are also pool areas, fitness centres, a ladies’ spa, children’s day care area and a multipurpose hall, said the report.
Piling work at the site is already under way, it added.