Dubai - Mubahser: The Board of Executive Directors of Dubai’s Roads and Transport Authority (RTA) has awarded a contract for the construction of tunnels and roads leading to the Jewel of the Creek Project, according to a press release.
The awarding of the AED 375 million contract was coordinated with the Dubai International Real Estate Company (DIRE).
The Jewel of the Creek project, which sits between Al Maktoum and the Floating Bridges, has been designed as a landmark tourist destination adding further prominence to the city and the tourist profile of the area.
RTA has signed a memorandum of understanding (MoU) with the Dubai International Real Estate Company for funding the construction of tunnels and roads leading to the project, the statement noted.
The Jewel of the Creek, which spans an area of 125,675 square meters, comprises a 5-star hotel with 438 rooms, four residential towers comprising 756 serviced apartments, 20 restaurants, a man-made lake, a domestic beach stretching along the project, and a marina capable of accommodating 65 boats.
It also hosts a 4-star hotel with 403 rooms, another tower for a 3-star hotel with 405 rooms in addition to two connected residential towers comprising 389 serviced apartments featuring an Arabic-Islamic design, a mini mall and a parking space for about 6000 vehicles.
