Home / NEWS / RTA inks $102m deal for Dubai's Jewel of the Creek

RTA inks $102m deal for Dubai's Jewel of the Creek

by Neha Bhatia on May 7, 2017

Jewel of the Creek is located in Dubai's Port Saeed area.
Jewel of the Creek is located in Dubai's Port Saeed area.

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Dubai's Roads and Transport Authority (RTA) has awarded a $102.1m (AED375m) contract for the development of tunnels and roads leading to Jewel of the Creek. 

Jewel of the Creek is situated between Dubai’s Al Maktoum Bridge and Floating Bridge, and has been designed as a landmark tourist destination, due for completion in the first half of 2019. 

IN PICTURES: Jewel of the Creek construction works

The memorandum of understanding (MoU) was inked at a ceremony chaired by Mattar Al Tayer, director-general and chairman of the board of executive directors of RTA, and Khalil Al Sayegh, director-general of Dubai International Real Estate Company (DIRE). 

Remarking on development works, Al Tayer said: "Construction works [for roads and tunnels] have recently been started, and primarily aim to provide entry and exit points linking with the ground and basement access points of the project.

"Specifically, [the contract] provides roads, subways, and slipways linking the ground level and the basement parking of the project with the roads and transport network of Baniyas Road to the north, and Al Ittihad Road to the east.

READ: A tour of Jewel of the Creek's construction site

"The project also includes the construction of a footbridge crossing over Baniyas Road and lighting works along with the protection and shifting of the existing utility lines," he added.

Contract works also include the development of surface entry points to and from the development's eastern basement parking, and single-lane tunnels for the basement parking stretching from the Floating Bridge and Baniyas Road to the east, Al Tayer added, according to WAM.