Dubai Investments has announced that the new residential tower at Al Barsha 1, developed by its subsidiary Dubai Investments Real Estate Company (DIRC), is on track to be completed in December.
The company said the project is now 25 percent complete, with excavation and substructure work finished.
The development will offer 399,453 square feetof residential and commercial area, with a mix of 278 units - 132 studio, 122 one beds and 24 two bed apartments over 14 levels and a ground floor.
The building also includes 22,988.48 square feet of commercial area for seven retail outlets, along with a gym, recreational facilities, play area and four levels of covered parking for over 300 vehicles.
The development is located within walking distance of Mall of the Emirates, adjacent to First Al Khail Street at Al Barsha First.
Obaid Mohammed AlSalami, general manager of DIRC, said: “The Al Barsha 1 project will provide a fresh mixed use between residential and commercial offerings and excellent facilities at a strategic location that benefits the residents and the city.”
DIRC has appointed Fujairah National Construction as main contractor for all construction work on the project.
As well as Al Barsha 1, DIRC is also developing Mirdif Hills, a mixed-use residential, commercial and retail development spread across 3.9 million square feet, and Ritaj, a residential community over 2.5 million square feet and 11 residential blocks which is located in the heart of Dubai Investments Park.For all the latest construction news from the UAE and Gulf countries, follow us on Twitter and Linkedin, like us on Facebook and subscribe to our YouTube page, which is updated daily.
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