Dubai – Mubasher: Nakheel Properties has invited contenders to bid for the contract of the piling and enabling works in PALM360, a two-tower luxury hotel and residential project on Dubai’s Palm Jumeirah.
The Dubai-based developer also evaluates the preparation of groundwork bids for the PALM360 site following a tender launched in March, according to a company statement released on Sunday.
“PALM360, the tallest building on Palm Jumeirah at 260 metres, will comprise Raffles the Palm Dubai Hotel and Raffles Residences PALM360,” the Emirati developer said.
The project will connect the two towers 170 metres above ground and will comprise 125 opulent Raffles hotel rooms are 331 Raffles-branded residences including 16 ultra-plush penthouses with a total area of around 12,000 square feet.
Nakheel will tender the construction of PALM360 in the third quarter of 2018.
The mega-development is slated for completion in 2021.