The $ 6.5 million Nakheel contract to complete the PALM Hotel project
Master developer Nakheel today awarded a contract worth more than EUR5.6
million (AED23.7 million) for piling work at its iconic, 260H metre PALM360
luxury hotel and residential project on Dubai’s world-famous Palm
Jumeirah.
The company has named the Dubai branch of BAUER Spezialtiefbau GmbH,
headquartered in Germany, for the work, which will take four months to
complete. The milestone was marked today (Tuesday) at Expo Real in Munich, where Nakheel
is currently showcasing EUR14 billion (AED58 billion) worth of projects,
including PALM360. The process will
involve driving almost 600 piles as far as 54 metres below ground in
preparation for the construction of PALM360 which will be the tallest structure
on Palm Jumeirah. The construction tender is expected to be released in Q1
2019, with project completion in 2021.
PALM360 comprises the Raffles The Palm Dubai Hotel and Raffles Residences
PALM360. The project will also boast the world’s largest sky pool, connecting
the two towers 170 metres above ground, as well as a host of dining, leisure
and wellbeing facilities.
Located on Palm Jumeirah’s western crescent in 500,000 square feet of
landscaped grounds, PALM360 will offer the ultimate in luxury living and
leisure. Complementing 125 opulent Raffles hotel rooms are 331 Raffles-branded
residences, including 16 ultra-plush penthouses spanning up to 12,000 sq ft –
equivalent to four tennis courts. Each penthouse has its own infinity pool,
gym, home theatre and as the name suggests, 360 degree views of Dubai.
Create: Oct 13, 2018 Edit: Nov 1, 2018
Persian
