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Tenders out soon says Al Fara'a

by Sarah Blackman on Sep 20, 2009

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Two Al Fara'a projects located in Jumeirah Village will be completed end 2010
Two Al Fara'a projects located in Jumeirah Village will be completed end 2010

Al Fara’a Properties has revealed that two of its projects could possibly be out to tender by the end of this year.

Speaking to Construction Week, Al Fara’a Properties director Natasha Gangaramani said: “Bellatora Residences, in Dubai Maritime City, and Image Residences, in Downtown Jebel Ali, are very close to tender and are in the last stages of design.”

She declined to reveal further information about the tenders by said that two of Al Fara’a Properties’ Jumeirah Village projects were set to be completed by the last quarter of 2010.

Mulberry Mansions, a town house project, and Manhattan Luxury Apartments are currently under construction and on track for completion.

“Construction on Mulberry Mansions began two months ago, while Manhattan has been under construction for the past eight months and has reached the first floor. This project has three basements, so it took a while to come above ground,” said Gangaramani.

“We will be delivering this in the last quarter of 2010 and Mulberry Mansions will be delivered around the same time.”

The company’s Burj Al Fara’a, a 40-storey commercial tower also located in Jumeirah Village, is currently at demobalisation stage and due to commence construction in the coming months.

Al Fara’a Properties was the first to deliver at Jumeirah Village with the completion of Le Grande Chateau in July.

Construction on the project began in January 2007 and consists of 170 apartments and a string of townhouses.

“Jumeirah Village has about 900 plots and, within those plots, we were the first to start construction and the first to deliver a project. This is a huge milestone for us,” explained Gangaramani.

“Whatever project we launch we are very quick to get to ground and to mobilise so we can commit to deliver on time.”

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FEATURED COMMENT

Al Fara'a..........hmmm it is a shame they didn't acheive this with out ruining so any lives in the process. their motiv

  3 Comments




Readers' Comments


Tania (Sep 27, 2009)
Muscat
Oman

Al Fara'a
Al Fara'a..........hmmm it is a shame they didn't acheive this with out ruining so any lives in the process. their motives and practices as a company leave alot to be desired by those of us that know how to look after their staff

LAL MOHAN YADAV (Sep 26, 2009)
Al Ain-Abu Dhabi
United Arab Emirates

Tenders out soon- Al Faraa
Yes! there is Demand -Supply gap in property market in UAE but even though competitive investors can make money.This recession will open new chapter of competitive cost and performance management for sustainable growth in GCC.

Hassan (Sep 22, 2009)
Manama
Bahrain

New Construction is Bad News
Dubai property market still need few more years to disgest the available units rather than adding to the problem. Invertors should stop building any new residential or commercial projects and rather focus on Industrial and other sectors of the economy. I don't see these announcements as good news to stabilize the falling property prices. The government should encourage other sectors of economy to grow at this stage.


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