Emaar – The Address Residence Fountain Views – UAE - Project Profile

Emaar – The Address Residence Fountain Views – UAE - Project Profile

  • March 2018 •
  • 9 pages •
  • Report ID: 4341193
Synopsis
"Emaar – The Address Residence Fountain Views – UAE - Project Profile" contains information on the scope of the project including project overview and location. The profile also details project ownership and funding, gives a full project description, as well as information on contracts, tendering and key project contacts.

The "Emaar – The Address Residence Fountain Views – UAE - Project Profile" is part of Timetric’s database of 82,000+ construction projects. Our database includes a 10+ year archive of completed projects, full coverage of all global projects with a value greater than $25 million and key contact details for project managers, owners, consultants, contractors and bidders.

Summary
Emaar Properties PJSC (Emaar) is undertaking the construction of The Address Residence Fountain Views project in Dubai, the UAE.

The project involves the construction of three towers comprising a 77-story hotel tower and two 60-story serviced apartment towers.

The 329m 77-story new hotel includes the construction of 194 rooms comprising spacious one, two, three, and four bedroom apartments, as well as duplex apartments and penthouses as part of its Sky Collection, three basement levels podium, retail areas, and 11 parking floors, and the installation of elevators, and security equipment.

The two 288m 60-story towers include the construction of 786 serviced apartments. The towers are being built over a 15-story mixed-use podium comprising retail and parking levels together with a link bridge connection to the adjacent Dubai Mall, and the installation of elevators, and security equipment.

The project includes the construction of a squash court, swimming pool, health club and a rooftop recreation deck complete with landscaped amenities and water features, wet-deck lounging, family pool, lawn, and play zone.

Dewan Architects & Engineers has been appointed as architect and lead consultant; Atkins and WME Engineering Consultants as an engineering consultant and Koltay Facades provide facade engineering consultancy services.

GOCO Hospitality is appointed as a consultant for the Fountain Views Spa, Rider Levett Bucknall (RLB) appointed for post contract cost management, Turner International Middle East as project manager, Norr Group Consultants International Ltd as a design consultant, DPA Lighting Consultants FZ LLC, and Hirsch Bedner Associates as an interior designer.

The hotel component of the development will be managed by The Address Hotels and Resorts.

In January 2013, Emaar unveiled the development plans.

On January 26, 2013, Emaar launched a pre-sale program of apartments for the first and second towers, and for the third tower, it was launched on September 18, 2013.

In February 2014, Arabian Construction Company was awarded a US$735 million engineering, procurement, and construction (EPC) contract.

In the first quarter of 2014, construction work commenced.

As of March 2018, 90.8%, 87.2% and 82.5% of construction work completed on the first, second and third towers respectively.

Scope
The project involves the construction of a residential complex comprising three towers with 786 apartment units in Dubai, the UAE.

The US$750 million project includes the following:
1. Construction of two 60-story apartment towers
2. Construction of a 77-story new Address hotel
3. Construction of swimming pools
4. Construction of an infinity pool with amenity deck
5. Construction of 15-story mixed-use podium
6. Construction of commercial space
7. Construction of 194 room hotel
8. Construction of 11 parking floors
9. Construction of three basement levels podium
10. Construction of restaurants
11. Installation of safety systems
12. Installation of elevators

Reasons To Buy
• Gain insight into the project.
• Monitor the latest project developments.
• Identify key project contacts.
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Country=UnitedArabEmirates Industry=Tourism ParentIndustry=Services Date=201803 Publisher=Timetric Price=1000