Emaar awards construction contract for project in Jeddah Gate

Dubai-based developer Emaar Properties announced that its subsidiary has awarded the construction contract for its Emaar Residences project in Jeddah Gate.

Regional builder Arabian Construction Co (ACC) won the contract for the project from Emaar Middle East.

The size of the deal was not disclosed.

Located within the 413,000 sq m Jeddah Gate development, Emaar Residences features three high-rise towers with 283 units.

It offers one to four-bedroom apartments and penthouses (upper villas) ranging in size from 70 to 300 sq m. Some units also offer views of the Red Sea.

Features include dedicated drop-off zone for each tower, lobbies, 24-hour reception and concierge and integrated security system.

There is also an outdoor swimming pool for men, children’s day care area with outdoor play area, a multipurpose hall for social events and business requirements, separate fitness centres for men and women with sauna, jacuzzi, aerobics area, and a ladies spa.

Drilling work for the project, which was launched late last year, has started.

The project has received strong investor interest, a statement said.

A spokesperson for Emaar Middle East said: “Jeddah Gate, led by its central location, high quality residences and commercial property has established its credentials as one of the most in-demand developments in the kingdom.

“ACC has strong competencies in developing large-scale projects as per schedule and understand the high benchmarks that we have set.”

ACC is also working as the construction contractor for the Emaar Square project within Jeddah Gate.

Emaar Square is a commercial precinct which includes three office buildings of five floors each, scheduled for handover later this year.

An ACC spokesperson said: “Already working on Emaar Square, we understand the requirements of Emaar Middle East and commit ourselves to developing the new Emaar Residences as per schedule.”

Located at the new city centre along King Abdullah Road, Jeddah Gate is close to the central business district, corniche, hospitals, schools and the new transportation center (Metro Al Montalaq).

Apart from Emaar Residences, the master-planned community also includes Abraj Al Hilal 1 and 2 – a pair of residential clusters with three towers each.

All the units at Abraj Al Hilal 1 have been handed over to the buyers, while Abraj Al Hilal 2 residences are nearing completion.