Al Fajer Properties awards AED 55 million piling contract for
Jumeirah Business Center Towers
Work commences simultaneously on the AED 2
billion exclusive development consisting of five freehold
Leading real estate developer, Al Fajer Properties
today awarded an AED55 million contract to Arabian Forasol for
enabling works on the five Jumeirah Business Center Towers, the
company's state-of-the-art freehold commercial development located
within the prestigious Jumeirah Lake Towers. Through the agreement
Arabian Forasol will complete shoring, excavation, dewatering and
piling works that precede the building process of the tower.
advanced foundation technology, Arabian Forasol commenced work on
the mega project prior to the traditional ground breaking ceremony
held at the project site which was attended by His Highness Sheikh
Hasher Bin Maktoum Al Maktoum, Dr. Shahram Abdullah Zadeh, Chief
Executive Officer of Al Fajer Properties, Mr. Ahmed Bin Sulayem,
Chief Operating Officer of Dubai Multi Commodities Center, Mr.
Gabriel Lahyani, Managing Director of Arabian Forasol and other
Jumeirah Business Center, we have redefined the modern office tower
through luxurious finishing and new innovations. It is only
imperative that the foundation which represents the most significant
component of any construction project be entrusted to the industry
leaders. Arabian Forasol is a renowned name within the UAE
construction industry and their in-depth knowledge, expertise and
market experience gave us the confidence to award them the piling
and shoring contract." said Dr. Shahram Abdullah Zadeh, Chief
Executive Officer of Al Fajer Properties.
Al Fajer Properties LLC is a subsidiary of Al Fajer Enterprises -
established in the year 1965, by its Group President His Highness
Sheikh Hasher Bin Maktoum Al Maktoum. Al Fajer Enterprises has
rapidly grown to a diversified business entity delivering high
quality service to its wide range of clients. With more than 12,000
employees, the Group's business interests over the past 40 years
include a leading construction company, property maintenance and
management services, engineering and consultancy, international
fairs and exhibitions, manufacturing, travel & tourism,
pharmaceuticals, general trading and investments & development.
Commenting on winning the tender, Mr. Gabriel E. Layhani, Managing
Director - Arabian Forasol said: "It is a privilege for us to be
associated with the development of a unique and pioneering project
like Jumeirah Business Center. The shoring and excavation on this
site is almost complete and piling work shall begin very shortly,
putting the development of the project on schedule for delivery.
Highlighting Al Fajer Property's investment, Ahmad Bin Sulayem,
Chief Operating Officer -Dubai Multi Commodities Center (COO - DMCC),
said, "The Jumeirah Business Center towers with its cutting edge
architectural design and technological concepts will add to the
reputation of Jumeirah Lake Towers as the most sought after
investment opportunity. We are delighted to have a reputable group
like Al Fajer as our biggest investors."
Commenting further, Dr. Shahram Abdullah Zadeh said, "Thanks to
Nakheel and Dubai Multi Commodities Center Management, Jumeirah Lake
Towers has become undoubtedly the best master plan amongst Dubai's
impressive projects. The advanced stage of infrastructure and
continuous efforts in introducing innovative ideas to ensure the
future requirements of the entire Jumeirah Lake Towers community has
made it extremely popular with the developers and investors alike."
Launched in two separate phases in December 2005 and February 2006,
the first four towers at Jumeirah Business Center were sold out in
record time, while preparations are underway for the launch of
Jumeirah Business Center 5 with a new guaranteed pre-approved
finance package. The unique state-of-the-art facilities of Jumeirah
Business Center Towers cumulatively offer exclusive freehold offices
totaling a leaseable area of 2 million square feet and an additional
100,000 square feet dedicated for the shopping boulevard. The
development offers flexible office units ranging from 800 square
feet to 11,000 square feet.
Arabian-Forasol Foundations LLCArabian-Forasol Foundations LLC, is a
member of the Al Ghurair Group of Companies. An affiliate of
Switzerland's Forasol International, Arabian-Forasol enjoys an
unmatched record across its vast regional experience in specialized
foundation engineering. Attuned to all technological advancements in
its business, the company complies with rigid quality standards
across its core business of piling and shoring technology.
Jumeirah Lake Towers is a distinctive master development with a fine
balance of landscape and waterscape. This integrated community of
residential, commercial and retail spaces is set to redefine modern
lifestyle with world-class leisure options, lakeside promenades and
specialized dining choices. In this inspiring setting, taking the
pride of place among the clusters of commercial and residential
towers is Jumeirah Business Centre Towers.