Eagle Hills Abu Dhabi has awarded the construction and infrastructure works contract for The Address Fujairah Resort + Spa to Joannou & Paraskevaides (J&P).
The Abu Dhabi-based private real estate investment and development company made the announcement at a groundbreaking ceremony for the luxury hotel and residential development.
The Address Fujairah Resort + Spa, which is scheduled for completion by 2019, comprises a 196 room five-star hotel plus four residential buildings that include 172 branded apartments, five beach villas and five garden villas.
The development also features a 500-metre promenade, beach access and a plaza.
Located in Sharm in Fujairah, famous for its landscape of mountains and sea views, Eagle Hills said it has completed the grading and marine works at the site.
Low Ping, CEO, Eagle Hills said: “Today, we are a major step closer to bringing quintessential living to this unique part of the UAE, which is set to become the beating heart of Fujairah. We are pleased to appoint J&P given their strong reputation and portfolio.”
Grigoris C Christofides, CEO, J&P added: “We are honoured to be working with Eagle Hills on this prestigious project. Our vast experience coupled with an excellent track record will help provide the assurance that the project will be executed to the highest quality standards and will be successfully delivered on time.”
Eagle Hills, which is developing projects in Morocco, Bahrain, Jordan and Serbia and the UAE, in August announced the signing of a AED300 million facility with the National Bank of Fujairah to finance the ongoing construction of The Address Fujairah Resort + Spa.
Subscribe to Arabian Business' newsletter to receive the latest breaking news and business stories in Dubai,the UAE and the GCC straight to your inbox.