Contractors alerted to Q2 DSO tenders
New warehouses and apartments will be built in Dubai Silicon Oasis
As Dubai Silicon Oasis prepares to hand over the second phase of its Cedre Villas project in mid-May, a senior official has revealed that it is planning to float several important tenders for later in the year.
"We are planning for 189 warehouses to be built, and also for the Silicon Residences 4, 5 and 6, which are apartments," Dubai Silicon Oasis Authority (DS0A) senior vice president for engineering management Muammar Khaled Al Khadeeri told Arabian Business at Cityscape Abu Dhabi event on Monday.
"We hope that these tenders will be floated at the end of the second quarter."
Al Khadeeri said that the 668 units in the Cedre Villas second phase were effectively completed, with landscaping and power connections being completed.
He added that the project's community centre would be finished by August.
"This project is unique in that we are offering freehold status for villa buyers, helping us to sell roughly 160 villas in three weeks," Al Khadeeri said.
The executive also pointed out that the 360 villas from the first phase had all been sold.
In terms of a timeline for the rest of the DSO project, Al Khadeeri said that the next three years would be more a period of consolidation.
"Until 2012, we will be more focused on completing services and facilities, like schools, shopping areas and landscaped facilities," the executive added.
"We feel that resolving the lack of subservices - which we are working on - will be an attraction due to our good location."