Abjar Tower project plans announced


  • Share via facebook
  • Tweet this
  • Bookmark and Share

Khuyool Investments has announced plans for its US $136 million (AED500 million) Abjar Tower development in Dubai.

The 62-storey residential building will be constructed in Jumeirah Village South. It will comprise a mix of one, two and three-bedroom apartments and four penthouses across a total floor area of over 57,000m2. The building will include a 24-hour IT-enabled security and fire management system and an IP-enabled information backbone and wireless broadband that will connect the entire building.

The tower was designed by international architect Raphael and Agostine; Ali Moosa & Sons is responsible for the MEP installation on the project.

Abjar Tower forms part of Khuyool’s planned $2.18 billion investment in Dubai-based real estate projects.

“We are developing properties in emerging areas like Jumeirah Village, and Downtown Jebel Ali,” explains md Kussay Al Sheikh. “We have earmarked a budget of two billion Dirhams ($0.54 billion) in Jumeriah Village and a one billion Dirhams ($0.27 billion) investment plan for Downtown Jebel Ali,” he adds.

The firm is planning further investments of over $5.4 billion in international real estate markets of India, Pakistan, UK, Syria and Jordan and is exploring investment opportunities in Dubai International City and Dubai World Central.

Related:
Join the Discussion

Disclaimer:The view expressed here by our readers are not necessarily shared by Arabian Business, its employees, sponsors or its advertisers.

Please post responsibly. Commenter Rules

Posted by: amin

Khuyool Investments Inc.has started none of its off plan projects ,and gives no date to start.The completion date of the Abjar Tower is December 2009 in the purchase agreement.

Enter the words above: Enter the numbers you hear:

All comments are subject to approval before appearing

Further reading

Features & Analysis
Five ways to maximise productivity during Ramadan

Five ways to maximise productivity during Ramadan

A drop in productivity during Ramadan is generally accepted by...

Facelift or folly: Belgrade braces for Dubai-style makeover

Facelift or folly: Belgrade braces for Dubai-style makeover

Construction for the Belgrade Waterfront project is due to kick...

How potential loopholes could limit impact of Saudi land tax

How potential loopholes could limit impact of Saudi land tax

Move aims to help the government meet promises to build 500,000...

Most Popular
Most Discussed