Work starts on $817m Mirdif Hills project
The groundbreaking ceremony was attended by Dubai Investment and DIRC senior officials
Dubai Investments has officially broken ground on its Mirdif Hills project, it announced in a statement on Tuesday.
The groundbreaking ceremony was held onsite in the presence of Khalid Bin Kalban, managing director and CEO of Dubai Investments and Chairman of DIRC, Obaid Al Salami, general manager of DIRC, company officials and representatives from the project contractors and consultants.
The $817m mixed-use residential, commercial and retail development will be spread across 362,321sqm and include 1,054 studio, one, two, and three-bedroom apartments and duplex units.
The project will also feature a four-star hotel with 116 rooms and 128 serviced apartments as well as a 230-bed hospital.
The contract to build the homes is due for completion by the end of 2018.
Khalid Bin Kalban said: “The sales of Mirdif Hills, launched in December, received phenomenal response from investors and end users, which is a great endorsement of not only the project features but also of Dubai Investments and DIRC’s track record.
“With the groundbreaking ceremony, the company is looking forward to driving the project to completion within the set timeframe.”
The Janayen and Nasayem Avenues were launched for sales in the first stage, he added.
Kalban said last month that the government plans to build roads around the new development, connecting the site to major highways.
Other attractions include cycling tracks, the Al Thuraya Astronomy Centre and the Dubai Crocodile Park.