Emaar's Saudi subsidiary signs ACC to build residential towers in Jeddah Gate
Posted on 24th May 2016
Leading property developer Emaar Properties said its Saudi subsidiary has signed up UAE-based Arabian Construction Company (ACC) to build three residential towers at its 413,000-sq-m master-planned community Jeddah Gate.
Emaar Residences is the third residential project the developer has launched at Jeddah Gate, which also contains retail and leisure space around a central development known as Emaar Square, reported The National.
ACC, a pan-Arabian contractor headquartered in Abu Dhabi, is already working on Jeddah Gate, where it is building Emaar Square commercial district under a Dh174-million ($47.3 million) contract that began two years ago. It is expected to be handed over later this year.
The Emaar Residences towers will contain a total of 283 apartments, including a number of penthouses, it stated, according to Tradearabia news report.
The one- to four-bedroom units range in size from 70 to 300 sq m, and each tower will have dedicated drop-off zones, lobbies, a 24-hour reception and concierge service. There are also pool areas, fitness centres, a ladies’ spa, children’s day care area and a multipurpose hall, said the report.
Piling work at the site is already under way, it added.Back to all Construction News
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