Khuyool Investments awards foundation work contract of Abjar Towers to Delta Foundation

Enlarge Image

RELATED ARTICLES

• Khuyool Investments launches AED 350 million ‘Stallion Tower’ in Jumeirah Village
• Khuyool Investments acquires land worth AED 200 million in Dubai World Central
• Khuyool Investments invests AED 8 billion in real estate projects in Dubai

Khuyool Investments, one of the leading premium property developers in the UAE, announced today that it has awarded Delta Foundation to carry out foundation works of Abjar Tower. The flagship property is the tallest tower among all other developments in Jumeirah Village South, Dubai. The foundation works are scheduled to be completed during the first quarter of 2010.

The phase one of the construction period will begin soon after the completion of the groundwork.

Commenting on the nomination of the contract, Engineer Fahad Ali Mousa, Chairman of Khuyool Investments, said, ““This announcement is a very significant step for us as it reflects our strong commitment to all investors. We will go ahead with all our projects as planned with firm determination.”

Engineer Kussay Al-Sheikh, CEO, Khuyool Investments, said, “The appointment of Delta Company was in line with the company’s efforts to ensure the quality and fast pace of the project’s construction, keeping in mind that Abjar Tower is the tallest project within Jumeirah Village South.

The Abjar Tower is designed with the ultimate desire of luxurious living in discreet serenity; every element of the room and service reflects this understanding.  The landmark property is an iconic design and is inspired by its surroundings with a fusion of elegance with distinct contemporary energy and glamour.

Dr. Ibrahim Al-Banna, CEO of Delta Foundation, represented his organization at the agreement signing ceremony.

Khuyool Investments is currently involved in the development of many large scale real estate projects across various locations in Dubai.