Nakheel breaks ground on $194.11mn Dragon Towers construction

By Andrew Woods
Nakheel today broke ground on Dragon Towers, its $194.11mn twin-building residential project at the rapidly-expanding Dragon City mixed-use community...

Nakheel today broke ground on Dragon Towers, its $194.11mn twin-building residential project at the rapidly-expanding Dragon City mixed-use community. 

The ceremony, led by Nakheel Chairman Ali Rashid Lootah, comes a month after the developer awarded a contract for $150mn to UAE-based Ali Mousa & Sons Contracting to build the project – the first residential component at Dragon City and the only high-rise in the area. It is due for completion in 2021.

Dragon Towers, which went on sale last month with prices from $122,000 is connected by a covered bridge to the world-famous Dragon Mart and its 5,000 shops, restaurants and attractions. The project comprises two 37-storey buildings each with 571 stylish one- and two-bedroom apartments. There are also two floors of retail space, four parking levels and a sixth-floor podium level Clubhouse with a 25-metre swimming pool, children’s pool, restaurant, gym and tennis court. 

SEE ALSO:

Located on the Al Awir Road, the apartments are easily accessible via a new interchange, with excellent connectivity to Sheikh Mohammed bin Zayed Road and just a few minutes’ drive from Dubai International Airport.  The upcoming Dubai Metro Green Line extension and new Metro stations nearby will provide convenient access to the rest of the city.
  
Dragon Towers is a key component of Nakheel’s ongoing retail, hospitality and residential expansion at Dragon City, which currently comprises sister malls Dragon Mart 1 and 2 and an ibis Styles hotel. A new showroom and car park complex and a Premier Inn hotel are in advanced stages of construction, with further expansions in the pipeline.

Share

Featured Articles

Skanska Commences Multiple Worldwide Projects

Skanska is building across the globe with multiple projects throughout construction, healthcare and sports industries

A. O. Smith Helps Construction Water Sustainability Goals

As A. O. Smith plans to acquire Pureit from Unilever, we look at the company’s wider bid to meet worldwide water challenges using technology and innovation

Skanska Signs $596m Contract for Advanced New York Bridge

Skanska agrees contract to replace the Livingston Avenue Bridge for US$596m, to improve rail connectivity, safety, infrastructure and economic simulation

Why gypsum is the building block of world construction

Built Environment

ResponsibleSteel Reports Urgent Need for Sustainable Steel

Sustainability & Green Building

McKinsey Sustainable Materials Hub Driving Decarbonisation

Sustainability & Green Building