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RELATED ARTICLES: Exclusive: Princess Tower on track for 2011 | AED 1.8 billion Emirates Park Towers tops out | ACC awarded contract for US $237m Abu Dhabi hotel
Construction of a 91-storey exclusive residential tower in Dubai Marina is making good progress and is on schedule to be completed by March 2011.
The Tameer Holiding Investment project, otherwise known as Elite Residence Tower worth a massive AED 1.7 billion, will stand at 380 metres and accommodate up to 1,500 residents in one of Dubai’s most sought-after districts.
Originally due for completion in 2009, the development is now successfully underway and scheduled to open to the public in March next year.
Master developer Emaar and main contractor Arabian Construction Company are reportedly making good progress on its construction, Cladtech International having already made a start on the cladding work.
In October 2009, KONE were appointed to supply a total of 12 elevators for the project using the company’s JumpLift technology to hoist up goods and supplies during the building’s construction.
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Tameer President Federico Tauber said: “Cladtech, a leading UAE based cladding contractor, has commenced work and is progressing at an excellent rate on the Elite Residence project.
"The Elite Residence will offer one of the most desirable addresses in Dubai Marina, the city's most sought-after residential district."
He added: “Once completed in 2011, the new landmark development at a height of 380 metres will become one of the world's tallest residential towers and will house around 1,500 residents."
Providing 695 residential units and covering a total built up area of 139,920.00m2, the high rise is set to feature more than a few characteristics of its neighbour The Princess Tower, currently one of the tallest residential towers in the world.
Located close to The Palm Jumeirah and The Mall of the Emirates, the tower will have panoramic views over The Palm Jumeirah and Marina, and will be just a few minutes’ walk from industry free zones Dubai Media City and Dubai Internet City - with Jebel Ali a short drive away.
It will also offer excellent access to the new Dubai metro system, particularly the Dubai Metro Red Line and the future Al Sufouh tram line.
Uniquely designed, the tower will have four parking floors, two health clubs and a state of art business centre, alongside temperature controlled swimming pools, a gymnasium and a children’s day care nursery.
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FEATURED COMMENT
Just to mention here that REMCO (Reliance Electro Mechanical Co.) is the MEP Sub-Contractor in this Project.