01 February 2018
UAE-based developer Sweid & Sweid has signed up Civilco Civil Engineering and Contracting Company as the lead contractor for the first Banyan Tree Residences project in the Middle East being built in Dubai.
Located on a large island overlooking The Emirates and Montgomerie golf courses, Banyan Tree Residences sits at the intersection of DMCC and Emirates Hills on Al Telal Street.
The single tower development will boast 244 residences stretched over 32 storeys and include one-, two-, three- and four-bedroom apartments, duplex apartments with private outdoor gardens, and three full-floor penthouses crowning the building, says Sweid & Sweid. The project is scheduled for completion in the third quarter of 2019.
On the contract award, Maher Sweid, the managing partner, says: “The selection was made based on Civilco’s proven track record of successfully executing high-rise projects in Dubai and throughout the UAE, along with timely completion.”
“Furthermore, the company boasts extensive experience in managing projects within busy residential areas including the Burj Khalifa District and Jumeirah Lake Towers. Its strong financial standing and comprehensive network of experienced subcontractors and suppliers strengthen its prequalification as the main contractor of choice,” he states.
Nader Dahdal, the area manager from Civilco, says: “Sweid & Sweid is an award-winning developer with exceptional standards. To be selected to complete this iconic development is a testament to our experience and expertise which will be key to ensuring Banyan Tree brand attributes are not compromised.
“We are very happy with the construction progress made to date. We are on schedule to handover and be ready for the Q3 2019 deadline.”
The UAE developer has also roped in Arcan Project Management as project manager.
Set within a gated community stretching over 110,000 sq ft, Banyan Tree Residences project will house a residents-only clubhouse and spa with key features including a fitness centre, an authentic Banyan Tree spa experience, saunas, a squash court, and an expansive indoor children’s play area.
Outdoors, the residents will enjoy a 31-m resort-style swimming pool, a children’s pool and play area, and a poolside café.