Riyadh, KSA; 7 June 2022: Dar Al Arkan
is commencing the construction works including the excavation, shoring, and
pilling works, 90 days after the successful launch of the W
Residences Dubai – Downtown project in February 2022. The already sold-out 1
billion AED development is anticipated to mark the first standalone residences
in the world under the iconic lifestyle W Hotels brand.
The developer signed a
contract with Stromek Emirates Foundations (L.L.C) to execute the shoring,
excavation and piling works. BHNS Engineering Consultants is the Architect of
Records appointed by Dar Al Arkan and will supervise the construction of the enabling
Ziad El Chaar, Vice
Chairman of Dar Al Arkan Properties, said: “Construction
of The W Residences Dubai – Downtown is estimated to be completed by
December 2025. This our third project in the Downtown Dubai area after Urban
Oasis with Interiors by Missoni and Davinci Tower with interiors by Pagani and
I believe it’s a unique and fulfilling location to own your dream W branded home
and our proposition catering to the needs of discerning clientele. Our
experience in delivering high-end co-branded homes with global brands like Elie
Saab, Versace, Roberto Cavalli, Pagani and Missoni puts us in a unique position
to always bring the best, most desirable residential spaces to our customers.
Expanding the Dar Al Arkan
brand to international markets is a testament to the success of Saudi companies
in delivering unique projects in new markets. The developer is one of the largest
publicly listed developers in the Middle East with AED 32 billion in assets and
a track record of delivery since 1994.
The Residences are 20 mins
away from Dubai International Airport, 10 minutes from the Dubai International
Financial Centre (DIFC) and a few minutes away from The Dubai Mall, one of the
world’s largest shopping malls.