Business | Property
CTC to build Dh1b Pacific project on Al Marjan
Select Group, a Dubai-based property developer, yesterday said it has awarded a contract to the Ras Al Khaimah-based Construction Technology Contracting (CTC) to construct its Pacific project on the man-made development of Al Marjan Island.
- Staff Report
- Published: 23:42 August 21, 2008
Dubai: Select Group, a Dubai-based property developer, yesterday said it has awarded a contract to the Ras Al Khaimah-based Construction Technology Contracting (CTC) to construct its Pacific project on the man-made development of Al Marjan Island.
"Pacific, valued at a total of Dh1 billion, is a joint development of Select Group in partnership with the UK-based Select Property. It will comprise six contemporary, architecturally spectacular properties, each named after Pacific Islands," the company said.
Rahail Eslam, CEO of Select Group, said: "Pacific is an exclusive waterfront project, one of our first developments in Ras Al Khaimah. CTC is the right construction partner for the project which is due for completion in 2011."
Together, the project will be spread across 25,300 square metres on the top isle of Al Marjan Island.
Designed by architects JRHP, Pacific will consist of studios, one- and two-bedroom apartments, duplexes, Pacific Suites and Gulf Suites.
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