Reef Residence ... an artist’s impression.
DSI TO BUILD $49M TOWER
01 February 2015
DRAKE & Scull International (DSI) says its general contracting subsidiary Gulf Technical Construction Company (GTCC) has been awarded a Dh180-million ($49 million) project for the Reef Residence tower, located in Jumeirah Village South, Dubai, by Reef Residence Real Estate.
GTCC will provide civil, architectural, and mechanical, electrical and plumbing (MEP) services on the high-rise tower and complete construction work of two basements, a ground floor, and 38 floors in the heart of the rapidly developing Jumeirah Village area in Dubai.
The 38-storey Reef Residence will be built on the periphery of the Jumeirah Village Circle (JVC) development, adjacent to the Els Club Golf Course in Dubai Sport City. It comprises 378 homes, a combination of studio, one- and two-bedroom apartments in addition to seven retail units that face the Sheikh Mohammed Bin Zayed Road. Lifestyle amenities include a large, landscaped leisure deck with barbecue areas and a playground, two swimming pools and gym.
The Reef Residence project is developed by Sama Alkhaleej Real Estate Development Company, a wholly owned subsidiary of Reef Real Estate Investment Company. The engineering consultant is National Engineering Bureau and the project is managed by Arcan Project Management Services.
Khaldoun Al Tabari, CEO and vice-chairman DSI, says: “The residential tower is a significant development in Dubai, and its addition to the GTCC portfolio is in line with our expansion plans in the UAE, and Dubai in particular which boasts of a thriving construction sector.”
