Dutch Foundation is piling into the Twins
Saba Group investment in Nakheel’s Lake Towers reaches Dhs570 m.
Development of the 36-storey twin-tower freehold residential project, Saba Tower 2&3 (Saba Twin Towers) at Nakheel’s Jumeirah Lake Towers has started. The contract for the piling and foundations has been awarded to Abu Dhabi-based Dutch Foundation Co. LLC.
A top Saba Group official said that mobilisation at the work area was already at an advanced stage, laying the ground for construction of Dubai’s first freehold twin tower residential project on offer to UAE and GCC nationals as well as expatriates.
“We have chosen Dutch Foundation Co. because of the company’s unmatched quality track record in piling and foundation work in the UAE as well as across the GCC,” said Behrouz Javaheri, Saba Group chairman.
He said Dutch Foundation was chosen after a round of strict evaluation and assessment in which many pile foundation majors short listed were scrutinised for their quality, experience and capability in executing mega projects like the Saba Tower development. “Having worked with Dutch Foundation earlier this year on the Saba Office Tower project, we are convinced that Dutch Foundation is the ideal partner for this project too,” Javaheri added.
Saba Twin Towers is strategically located. Being close to landmark developments such as Palm Jumeirah, Dubai Marina and the Dubai Technology & Media Free Zone, adds tremendous value to the project, said the Saba chairman. Located between Interchanges 5 and 6 on Sheikh Zayed Road, Saba Twin Towers, will be spread over an area of 80 000 m2, including a retail component of 3100 m2.
Saba Group had announced its intention to invest Dhs1.2 billion in Dubai’s freehold property sector in the next two years. “Our investments in Nakheel’s Jumeirah Lake Towers so far is to the tune of Dhs570 million, and the response from investors to our projects has been tremendous,” Javaheri said.
Commenting on winning the piling and foundation contract, Salim Khoury, general manager, Dutch Foundation said: “We consider it as an honour to be part of the pioneering Saba Twin Tower development. Over the last 15 years, thanks to our immense and sound experience in foundation engineering and soil mechanics, we have built a good reputation executing 800 projects in the UAE alone.”
Reputed UK-based architectural and design firm, RMJM is the primary consultant for the Saba Twin Tower project which will offer studio, one, two, three and four bed-room penthouse apartments, with all studios, one and two-bedroom units being fully furnished.
The amenities include a roof top café terrace, temperature controlled swimming pool and children’s pool, high-speed elevators, professionally landscaped leisure areas and 24-hour security and facilities management services.