GoDubai
  
  
  
  
Citylife > Press Release
  Home Contact us Add to Favourites
Most Recent Postings
More Press Releses
Featured Sections

Event Finder
A daily roundup of exhibitions, promotions and other events in Dubai and the rest of the Emirates.
Submit an Event
Latest Dubai Press Releases >> Real Estate and Retail

 
  Share

Dubai, UAE, January 4, 2017: Dubai World Trade Centre has awarded Al Futtaim Carillion (AFC) the contract to deliver Phase 1A6 of One Central, a major integrated Real Estate development located between the current Dubai International Convention and Exhibition Centre and Emirates Towers in the heart of the city's Central Business District.

This latest phase of One Central has a built up area of 182,500 square metres and comprises two Grade A office buildings of 12 and 8 storeys. The contract, which is worth approximately AED725 million, will begin in January 2017 and is scheduled for full completion at the end of 2018. AFC has already completed an earlier Phase 1A2 of this development, which is currently being leased and is currently delivering the contact for Phase 1A5, which was awarded in October 2015. This latest award takes the overall value of AFC's contracts for the One Central development to AED1.8 billion.

'We are pleased to continue working with Al Futtaim Carrilion, which has successfully delivered the Phase 1 Offices that are now operational and almost fully leased. Our ongoing relationship with Al Futtaim Carillion will establish Grade A office properties of a world-class standard in Dubai's commercial corridor. These high quality, flexible commercial offerings provide a compelling value proposition in Dubai's central business district,' said Gurjit Singh, Senior Vice President - Real Estate, Dubai World Trade Centre.

'Through One Central's free zone status under Dubai World Trade Centre Authority, we are uniquely positioned to propose a professionally-managed destination that is conducive to business. As demonstrated by the resounding success of the leasing of our Phase 1 Offices, One Central serves as a strong incentive for blue-chip multinationals to headquarter their regional bases in Dubai.'

One Central is being designed to best-in-class quality standards and this phase will comprise international Grade A quality offices, which has achieved LEED® Gold precertification from the US Green Building Council – the industry benchmark for green building performance covering design, construction, operations and maintenance. The technology solutions and infrastructure being planned are aligned with the Dubai Government's Smart City strategic agenda, which was launched by Vice-President and Prime Minister of the UAE and Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum.

In welcoming the award, Carillion Chief Executive, Richard Howson, said: “We are delighted to have been selected for Phase 1A6 which is the third phase of the One Central development, where we continue to see good opportunities coming to market for which our capabilities and reputation for delivering to high standards of quality, safety and reliability are important to customers. We look forward to continuing our close relationship with Dubai World Trade Centre to deliver this important development”.


Posted by : GoDubai Editorial Team
Viewed 10828 times
Posted on : Wednesday, January 04, 2017  
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of GoDubai.com.
Previous Story : Dubai South Signs Strategic Agreement with Dubai Land Department
Next Story : UK's largest health food retailer ‘Holland & Barrett' opens at Town Square in Al Forsan Village
Email this article Print this article

Share this article with your friends and followers
NewsVine

Comments

Back to Top  
Most Viewed Press Release posted in the last 7 days
Grand Optics exclusive: Le Specs eyewear collection LUXE Nucleus
Grand Optics exclusive: Le Specs Eyewear Collection Escape to the Exotic
Introducing Parfums De La Bastide, an Artisanal Maison de Parfum inspired by Pro...
Grand Optics Exclusive: MARNI eyewear collection
Chaumet - Imperial Splendours, The Art of Jewellery Since the 18th Century
From a House to a Smart Home: LG Smart Technology Helps Make Homes More Comforta...
Gold Collagen® to Launch in Dubai, May 2017
GKhair celebrates 10 years of success at Beautyworld Middle East
Dubai's largest Ramadan Night Market is Back!
Azraq, the world's first refugee camp powered by renewable energy
Aab Modest Wear Launches in the UAE
LG showcases a future of multiple savings with trendsetting smart homes
Lexus Unveils All-New LC luxury Coupe to Open a New Chapter in Brand History
Kiko Milano Launches Tropic Heat - A Collection Full of Energy, Colour and Vibrancy
Doha Bank Wins “Best Regional Commercial Bank” at Banker Awards 2017
Celebrate the Joy of Ramadan with IKEA'S Latest Collection
Brand New Flagship ZIPPY store Opens in Dubai Mall Today
Monsoon and Accessorize have it covered for Ramadan 2017
Travel in style with these summer essentials from ban.do, Ted Baker, Tatty Devin...
Wella Koleston: Get ready for an Eid celebration that shimmers bright with color!
MICHAEL KORS Mens' Accessories
Stunning New Collections from Jaguar and Land Rover
Beautyworld Middle East 2017 opens with 11.5 per cent year-on-year growth featur...
Perfecting the Journey with TUMI 19 Degree Global Campaign
Esposa Privé's Ramadan Collection Lands in Dubai & Abu Dhabi
COÉGA Sunwear Swim Essentials
Rado Features Two Timepieces for the Perfect Father's Day Gift
Celebrate the Warmth of Ramadan With Graceful Shades from Baume & Mercier
Exotic Perfume Worth Over AED 608,000 a Bottle Draws Fragrance Buffs at Beautywo...
EUROSTAR Group expands its beauty and personal care product portfolio
Dubai Chamber announces winners of Dubai Smartpreneur Competition
Bubble 42 Juliette Jourdain - The Girl with the Pearl Bubble
Siemens partners with SACGC to boost industrial technology skills in Kuwait
Volvo Cars partners with Google to build Android into next generation connected cars
Sony Mobile Xperia XZ Premium available for pre-order online and in stores in UAE
Pamper Your Loved Ones This Ramadan With Les Classiques Fragrances, a Timeless C...
Carl F. Bucherer Manero PowerReserve
Growing focus on healthy & balanced meals, festivities, is the new spirit of Ram...
Symrise to Showcase Exclusive Products at BeautyWorld Middle East
British Orchard Nursery Wins 3 Coveted Awards at Dubai's Premier International B...
The world's first SOAPENIR, is the ultimate Ramadan gift for loved ones
The Modern Designs of West Elm's New Summer Collection Unveiled
Nikai introduces the 75 inch Smart LED TV
DeLaCour Crafts a Resplendent Salute to Women with the Passion
Danube Properties Redefines Affordable Housing with ‘Bayz'
SAINT HONORE Charisma Twist
HH Sheikh Ahmed Opens Airport Show 2017 on Robust Growth in Aviation
End your fast in style and true culinary brilliance with Cocoa Kitchen
Ulysse Nardin Marine Regatta
REDTAG Releases Its Limited Edition Ramadan Collection for the Perfect Chic Yet ...