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Leading real estate developer DarGlobal has awarded the main engineering contract for the W Residences project in Dubai to China State Construction Engineering Corporation Middle East (CSCEC ME).
DarGlobal, the international arm of leading Saudi developer Dar Al Arkan, is a company that aims to create premium destination homes for unique global clients. It operates in several markets including Spain, UK, UAE, Oman, Qatar and Posna.
DarGlobal said that with the completion of the AED 273 million (US$ 74.3 million) deal with CSCEC ME, main works on its third project, W Residences, in downtown Dubai, would begin soon.
CSCEC ME is one of the world’s largest multinational multidisciplinary groups in civil and industrial engineering and real estate development, and one of the most renowned home builders.
The Residences – the stand-alone residential project of global lifestyle brand W Hotels – offers views of Burj Khalifa and The Dubai Fountain, and is just minutes away from DXB Airport, Dubai International Financial Center (DIFC) and The Dubai Mall. It will be completed in December 2025.
Regarding the contract award, CEO Ziad El Chaar said: “We are committed to delivering all projects on time, to the specifications and amenities promised. W Residences is sold out and is expected to be the world’s first detached residence. An iconic lifestyle W hotel brand.”
Some of DarGlobal’s most notable projects include Missoni’s Urban Oasis Tower and Pagani’s Da Vinci Tower in Dubai, Elie Saab’s Les Vagues residences in Doha, Sidra Residences in Bosnia, and AIDA master development in Oman, which boasts Tron golf clubs, hotels and residences, he added.trade arab news agency
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