Habtoor awards contract for ‘world’s largest residential building’

  • Date: 24-May-2023
  • Source: Zawya
  • Sector:Real Estate
  • Country:UAE
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Habtoor awards contract for ‘world’s largest residential building’

The Al Habtoor Group has appointed China Railway 18th Bureau Group as the main contractor for its newest landmark development, the Al Habtoor Tower, coming up in the heart of Dubai.

The project, which is being built at the Al Habtoor City using innovative, creative, and selective construction techniques, is estimated to cost around AED3.7 billion ($1 billion).

Once completed, the mega Al Habtoor Tower will be the largest residential building in the world with ultra-luxurious living facilities, comprising 1,701 keys over a built-up area of 3.5 million sq ft and 81 floors (G+7+73) above ground.

Announcing the contract award, Founding Chairman Khalaf Ahmad Al Habtoor said: "Knowing the complexity of taking on such a project, which requires a progressive and unique approach to construction, selecting the right contractors for the construction works was crucial for my team and me, as our goal is to complete Al Habtoor Tower at the highest quality in record time."

"The tender inquiry was published countrywide. We initially accepted 10 bidders and shortlisted three key ones in an extensive process. We accepted the documents of European, Local, Indian, Chinese, and Middle Eastern companies," he stated.

"China Railway 18th Bureau Group was selected based on a list of criteria, mainly