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Friday, November 13 - 2009

Pearl Dubai breaks ground for $4bn Dubai Pearl project

  • United Arab Emirates: Sunday, June 08 - 2008 at 16:17
  • PRESS RELEASE

Pearl Dubai FZ LLC, a consortium of investors led by Al Fahim Group, broke ground for Dubai Pearl, the world class $4bn mixed-use development, located in the heart of Dubai Technology and Media Free Zone (TECOM Investments).

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  • Senior officials from Dubai Pearl and TECOM Investments were present at the ground breaking ceremony, including Mr. Abdullatif Al Mulla (Group CEO, TECOM) Mr. Ali BuRuhaima (Chief Officer Asset Development Zoning Authority, TECOM) and ( Mr. Abdul Majeed Al Fahim (Pearl Dubai).
    Senior officials from Dubai Pearl and TECOM Investments were present at the ground breaking ceremony, including Mr. Abdullatif Al Mulla (Group CEO, TECOM) Mr. Ali BuRuhaima (Chief Officer Asset Development Zoning Authority, TECOM) and ( Mr. Abdul Majeed Al Fahim (Pearl Dubai).
Senior officials from Dubai Pearl and TECOM Investments were present at the ground breaking ceremony, including Mr. Abdullatif Al Mulla (Group CEO, TECOM) Mr. Ali BuRuhaima (Chief Officer Asset Development Zoning Authority, TECOM) and ( Mr. Abdul Majeed Al Fahim (Pearl Dubai).

Pearl Dubai FZLLC recently received the mobilization and excavation permits for the works.

Dubai Pearl's 1.7 million square feet of plot size will have a built up area of 17 million square feet.

The anticipated concrete quantity is 1.2 cubic meters with an aluminum façade spanning 200,000 square meters.

The preliminary piling test has already begun in mid May, while the main contract is in the tendering stage, with bids expected to be submitted in July, 2008.

Dubai Pearl will combine an active business district with quality urban lifestyle, offering easy access to premium commercial and residential areas such as Dubai Media City and Dubai Internet City, as well as Jumeirah.
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