Tanmiyat Group is six months from delivering its $100mn flagship project in Dubai’s Business Bay.
Construction of The Court Tower is 83% complete and on track to be handed over by October this year, the Saudi Arabia-based developer said in a statement.
Situated alongside Dubai Water Canal, the project comprises of 280,000 square feet of office space, 198 apartments and 28,000 of retail space.
Since Beijing Emirates Company was appointed as the new contractor for The Court Tower, the project has not only progressed at a fast pace, but is shaping well to be delivered on time.
Delta International Real Estate is the exclusive marketing and sales agency for the project, located opposite Habtoor City and JW Marriot Marquis.
Saleh Tabakh, spokesman of Tanmiyat’s management board, and CEO of Delta International Real Estate, said: “Once complete, The Court Tower will be our second successful project in Business Bay after delivering the Exchange Tower in 2016.
“Our investments in the UAE have exceeded AED 7bn and once The Court Tower is ready, we aim to deliver two more buildings at Living Legends to grow our delivered portfolio to 500 villas, 188 offices at Exchange Tower and 600 apartments at Living Legends,” Tabakh said.
Tanmiyat Group is developing another mixed-use community called Living Legends at Dubai Land, which is spread over 15 million square feet.