Al Habtoor Leighton Group Commences Main Construction Work on Dubai Pearl

Monday, June 1st, 2009

Pearl Dubai FZ LLC, one of the leading real estate developers in the UAE, announced the commencement of main construction work on Dubai Pearl, the AED15-billion (US$4 billion) integrated luxury development, following the completion of the enabling and piling works by Al Habtoor STFA Soil Group (HSSG).

The main construction is being undertaken by the Al Habtoor Leighton Group , which was awarded the construction work at the end of 2008.

Abdul Majeed Ismail Al Fahim, Chairman of Pearl Dubai FZ LLC, said: “The commencement of main construction work on the project strongly illustrates our commitment to ensure a timely transformation of this high-end landmark destination, which will set new industry benchmarks in the region.”

The Dubai Pearl site will witness around 200 workers at the start of construction, and the number is expected to reach 8,000 when work gets into full swing.

Santhosh Joseph, President and Chief Executive Officer of Pearl Dubai FZ LLC said: “We believe we have selected the right partners to create this iconic development and shape it into a world-class destination.”
(more…)

Dubai Pearl set for off and aiming for Leed Gold

Tuesday, March 3rd, 2009

Construction of the 73-storey Dubai Pearl – ranked alongside the Las Vegas CityCenter as the most valuable single construction contract in the world – is finally due to begin, Abdul Majeed Al Fahim, Pearl Dubai chairman, told Construction Week.

Al Fahim also revealed that the main towers of the US $2.4 billion (AED8.85 billion) mixed-use development would be constructed to Leadership in Energy and Environmental Design (Leed) Gold standard – the second highest rung on the Leed ladder, which rates the environmental friendliness of buildings.

“The main towers will definitely be to gold certification,” Al Fahim said. “That is our target, and (the towers will) cover the majority of the entire development.”

The main contractor, Al Habtoor Leighton Group, has engineers working on-site while enabling work, being carried out by the Al Habtoor STFA Soil Group, is nearing completion.

The Dubai Pearl will be located at the centre of “New Dubai” overlooking the Palm Jumeirah.
(more…)