Business | Property
Nakheel awards construction contract for Trump project
Nakheel, the Dubai World company, has signed a contract with an Al Habtoor-Murray & Roberts joint venture for the construction of the Trump International Hotel & Tower on the Palm Jumeirah.
- The Trump International Hotel & Tower Dubai will offer panoramic views of the Arabian Gulf and a range of exclusive leisure facilities.
- Image Credit: Supplied picture
Dubai: Nakheel, the Dubai World company, has signed a contract with an Al Habtoor-Murray & Roberts joint venture for the construction of the Trump International Hotel & Tower on the Palm Jumeirah.
The contract valued at Dh2.9 billion has been awarded for the construction of the 62-storey structure, which is set to become a focal point of the Palm Jumeirah.
The 270-metre design, which has a total gross built-up area in excess of 250,000 square metres, will feature two towers that rise above the Palm Monorail and central park.
The development comprises a unit mix of 378 hotel rooms and suites, 385 condominiums, 12 exclusive townhouses, and 45,000 square feet of retail and 60,000 square feet of office space.
The Trump International Hotel & Tower Dubai will offer panoramic views of the Arabian Gulf and a range of exclusive leisure facilities.
"Trump, Nakheel and Dubai - this is a combination that makes a luxury destination point an absolute necessity for the world traveller.
"Trump International Hotel & Tower Dubai will not only be spectacular, but will offer the ultimate in luxury with the finest amenities. That's what Trump stands for, and that's what we'll deliver," said Donald J. Trump, Chairman and President, The Trump Organisation.
Share this article
Gulf News classifieds
Popular in Business
Business Editor's choice
-
Travel insurance offers peace of holiday mind
The wisest thing to do is to take out travel insurance before you leave.
-
Controlling risk through managed account
Can be simple stand-alone master funds or can grow to include several special purpose vehicles
-
Regional banking in throes of light and darkness
Loan-loss provision growing but lenders withstanding crisis

-
UAE
Abu Dhabi's infrastructure spending
New road networks to reignite construction sector.


