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CAYAN – Cayan Cantara Mixed-Use Development – Dubai - Project Profile

  • Published Date: 30 Sep 2017
  • Number of Pages: 8
  • Category: Construction
  • Country: United Arab Emirates

Synopsis


"CAYAN Cayan Cantara Mixed-Use Development Dubai - Project Profile" contains information on the scope of the project including project overview and location. The profile also details project ownership and funding, gives a full project description, as well as information on contracts, tendering and key project contacts.

The "CAYAN Cayan Cantara Mixed-Use Development Dubai - Project Profile" is part of Timetrics database of 82,000+ construction projects. Our database includes a 10+ year archive of completed projects, full coverage of all global projects with a value greater than $25 million and key contact details for project managers, owners, consultants, contractors and bidders.

Summary


Cayan Group-Real Estate Investment & Development (CAYAN) is undertaking the construction of a mixed-use complex in Dubai, the UAE.

The project involves the construction of a residential and a hotel-apartment tower connected by a sky bridge on 153,290m2 of land.

The project includes the construction of two towers consists of 33-story hotel apartment tower having 314 rooms and a 42-story branded residential tower with 407 residential units comprising Studios, One-, Two-, and Three-bedroom apartments and penthouses, retail units, meeting rooms, a restaurant, a fitness center, a spa, 780 car parking space and the installation of elevators and safety systems.

Nikken Sekkei Ltd has been appointed as architects; Dewan Architects + Engineers as structural and MEP designer and Shapoorji Pallonji as the main contractor for the project.

Rotana Hotel Management Corporation has been appointed as management contractor for the hotel.

In January 2015, CAYAN acquired the project site.

On March 24, 2015, CAYAN and SHUAA entered into an agreement to set up a real estate development fund for the construction of the project.

Under the terms, CAYAN will be the main developer of the project and SHUAA will act as the investment manager for the fund.

In July 2015, CAYAN received all the legal approvals from the authorities to start the construction works.

In October 2015, ZETAS Zemin Teknolojisi was appointed as enabling contractor.

In November 2015, enabling, shoring, and piling works commenced.

In March 2016, 15% of the piling works completed.

In November 2016, Shapoorji Pallonji was selected as the general contractor for the project and excavation works completed in the same month.

As of September 2017, construction works are underway and scheduled to be completed in the first quarter of 2019.

Scope


The project involves the construction of two towers consists of a 33-story hotel-apartment tower and a 42-story branded residential tower connected by a sky bridge in Dubai, the UAE.

The US$272 million project includes the following:

1. Construction of 314 hotel rooms and 407 residential units

2. Construction of bridge

3. Construction of a restaurant

4. Construction of a fitness center

5. Construction of a spa

6. Construction of 780 car parking space

7. Installation of elevators

8. Installation of safety systems

Reasons To Buy


Gain insight into the project.

Monitor the latest project developments.

Identify key project contacts.

Publisher Name : Timetric

1.Key Statistics
2.Key Dates
3.Sector
4.Operating metrics
5.Tender Information
6.Scope
7.Description
8.Latest update
9.Background
10.Key Contacts
11.General News, Project News
12.Appendix



Synopsis CAYAN Cayan Cantara Mixed-Use Development Dubai - Project Profile contains information on the scope of the project including project overview and location. The profile also details project ownership

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