Dubai’s DarGlobal, a subsidiary of Saudi Arabia’s Dar Al Arkan real estate company, has recently granted the main contract for the W Residences project in Downtown Dubai for AED 237M($64.5M). The residential tower development offers apartments with stunning views of Dubai Fountain and Burj Khalifa, and has already been sold out.
The luxury property developer announced that the contract will cover the main works of the W Residences, and has been given to China State Construction Engineering Corporation – Middle East (CSCEC ME). This is the first standalone residential development of the W Hotels brand, and will offer a unique lifestyle experience to residents.
With the contract awarded, the project is expected to proceed towards completion as scheduled. The W Residences project represents an exclusive opportunity for residents to enjoy luxury living in the heart of Downtown Dubai, one of the most sought-after areas in the city. The apartments’ high-end finishes and spectacular views make it a highly coveted address for discerning buyers.
DarGlobal has announced that construction for the W Residences project, its third development in Downtown Dubai, is set to begin with an expected completion date in December 2025. DarGlobal is the international subsidiary of Dar Al Arkan, Saudi Arabia’s largest property developer, and is seeking to expand its portfolio by developing properties in major locations such as the UAE, Oman, Spain, and the United Kingdom.
