Construction starts on 350-m high Trump Tower Dubai
Construction has started on the 350-metre-high Trump Tower Dubai, according to the London-listed developer Dar Global.
The global development arm of the Saudi-listed Dar Al Arkan has awarded the enabling works contract for the AED2 billion ($545 million) Trump International Hotel & Tower to Edrafor Emirates, a local contractor.
Edrafor Emirates will undertake the enabling and foundational works required to prepare the site for full construction, Dar Global said in a statement. The scope includes ground engineering, deep enabling systems and logistical mobilisation.
In October, Dar Global CEO Ziad El Chaar told AGBI that the plot on Sheikh Zayed Road, next to the Shangri-La Hotel, was previously leasehold but had been converted to freehold under property laws introduced about six months ago.
The project will offer one- to four-bedroom apartments and penthouses with views of the Arabian Gulf, the Dubai skyline, and Burj Khalifa. Prices start at AED1.7 million ($463,000).
The 80-floor tower will feature Dubai’s “highest” outdoor pool and two penthouses inspired by New York’s Trump Tower on Fifth Avenue.
The expected completion date is December 2031, according to the developer’s website.
This month the developer appointed the main contractor for the SAR2 billion Trump Tower on the Jeddah Corniche.
Dar Global has partnered with the Trump Organization on several developments in the Gulf, including Trump-branded villas in Muscat, Oman, a planned tower in Jeddah, Saudi Arabia, and more in Riyadh.
The company has $12.5 billion of projects under development and a presence in nine countries, including the UAE, Oman, Qatar, the UK, Spain and Saudi Arabia.
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