Dubai Holding Awards AED 5 Billion Construction Contract for HQ and Jumeirah Residences
Dubai Holding has awarded a **AED 5 billion** (**$1.36 billion**) contract to China State Construction Engineering Corporation Middle East (CSCEC ME) for the construction of its new headquarters and the Jumeirah Residenc
Dubai Holding has committed to significant new construction, awarding a AED 5 billion (equivalent to $1.36 billion) contract to China State Construction Engineering Corporation Middle East (CSCEC ME).
Project Scope
This substantial contract covers two key developments located on Sheikh Zayed Road: Dubai Holding's new corporate headquarters and the Jumeirah Residences Emirates Towers. The projects are anticipated to reinforce Dubai's status as a global hub for business and investment, according to Sheikh Ahmed Bin Saeed Al Maktoum.
Contractor Details
CSCEC ME, a prominent Chinese contractor, has been tasked with bringing these ambitious projects to fruition. This award highlights the ongoing trend of major development contracts in the UAE being secured by international construction firms, supporting the emirate's rapid growth and urban expansion.
Questions, answered
- What is the total value of the construction contract awarded by Dubai Holding?
- The contract awarded by Dubai Holding to China State Construction Engineering Corporation Middle East (CSCEC ME) is valued at **AED 5 billion**, which is approximately **$1.36 billion**.
- Which projects are covered by this AED 5 billion contract?
- The contract covers the construction of two major projects: Dubai Holding's new corporate headquarters and the Jumeirah Residences Emirates Towers.
- Where are these new projects located?
- Both the new headquarters and the Jumeirah Residences Emirates Towers are situated on **Sheikh Zayed Road** in Dubai.
- Who is the contractor for these Dubai Holding projects?
- The construction contract has been awarded to **China State Construction Engineering Corporation Middle East (CSCEC ME)**.
This brief was summarised and rewritten by Gaia Living from public reporting. Figures and details reflect the original sources.
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