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Seidco wins DP residential tower deal

DUBAI, May 7, 2017

UAE-based Dubai Properties (DP) has awarded a Dh200-million ($54.4 million) deal to Seidco General Contracting for the development of its Bellevue Towers residential project in the Burj Khalifa District of Dubai.

The Bellevue Towers residential apartment buildings will offer 319 units including 159 one-bedroom, 105 two-bedroom, 42 three-bedroom, 10 penthouses and three loft apartments.

The 717,157-sq-ft development, located close to the waterfront of Marasi Business Bay and with panoramic views of the Burj Khalifa master community, has a bespoke sustainable design featuring a contemporary façade with balconies and terraces for all apartments.

The work on the two-tower development will be completed by the second quarter of 2019, said the company in a statement.

A good quality finish throughout the building, a landscaped podium terrace, and extensive amenities including a gym, pool and children’s pool and playground, will ensure residents are offered an exceptional urban living experience.

Marwan Al Kindi, the executive director (sales and sales operations at DP), said: "Choosing the right contractor for an iconic project such as Bellevue Towers is crucial and we are pleased to have appointed Seidco as our trusted partner to bring the destination to life."

"With work on track for a Q2 2019 completion, Bellevue Towers is another example of a DP development that meets a market requirement for high-quality residential property in a strategic location. Bellevue Towers is set to offer a unique lifestyle for home-owners looking for a stylish and upscale residential destination," he added.

A specialist in a diverse range of construction projects including residential high-rise buildings and housing complexes, Seidco sees the Bellevue Project as an opportunity to contribute to the continued growth of the UAE’s real estate market, remarked Omar Atef Ajjaoui, the chief operating officer.

"As a reflection of Seidco’s administrative efficiency and technical strengths, we have continued to sustain steady growth and expansion which is attributed to our ability to undertake and successfully complete projects on time and on budget," stated Atef Ajjaoui.

"The Bellevue Towers project allows us to utilise our 42 years of experience and cutting edge technology to efficiently deliver excellence, he added.-TradeArabia News Service




Tags: Dubai | contract | Residential tower | DP |

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