Abu Dhabi-based Trojan General Contracting (TGC) has announced that it has been awarded a AED1 billion ($272 million) contract to build the Mira Oasis townhouses in the second phase of Reem, a master planned neighbourhood in Dubai.
Reem, a large-scale residential project by developer Emaar Properties, is defined by several features including a desert botanical park, sand surfing and camel riding trails, go karting track, dune buggies, rock climbing wall, cricket pitch, soccer field, and a skate park.
The development, located near Arabian Ranches in Dubai. is anchored by a central park with interactive fountains, walkways and a water feature.
Construction of the Mira Oasis Townhouses started this month and is anticipated to reach completion by the end of 2018.
With substantial project contracts acquired over the years, TGC said its current developments include the 5,000 villas in Jabal Hafeet, Ain Al Fayda in Al Ain and the 489 Nad Al Sheba villas in Dubai.
Other high profile projects by TGC include the Palm Tower in Dubai and Hydra Avenue towers, Hydra Village, and Horizon Towers in Abu Dhabi.
Hamad Al Ameri, managing director, Trojan Holding said: “The prestigious Mira Oasis townhouses project in Reem will see TGC to new heights as we enter the next phase of growth led by our company’s vision. Mira Oasis will bring unprecedented economic pre-eminence to the real estate market, and we are proud to be a part of a project that will further strengthen the property sector.”
The second phase of the Mira Oasis community will consist of 1,393 units which include 3-4 bedroom homes.
Al Ameri added: “Being awarded this development demonstrates our ability to deliver superior developments with the support of our employees that have the proven ability to succeed.”
Trojan General Contracting said it has been appointed as the sole contractor on the project and Trojan Holding’s seven specialised subsidiaries will all be involved at various stages.
The development is being built in three stages with phases 1, 2, and 3 due for completion in December 2017, September 2018 and December 2018 respectively.
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