Nakheel Properties, the leading UAE-based real estate developer, has announced the commencement of the construction processes of Dragon Towers, its newest residential project.
With a value that exceeds the $194m mark, Dragon Towers is situated at the heart of Dragon City mixed-use master development. They each consist of 37 stories which comprise 570 units that vary between one-bedroom apartments and two-bedroom apartments. .
The location of Dragon Towers grants its residents a quick access to the famous Dragon Mart through a covered bridge that connects both locations. The project is due for completion within 2021.
It is worth mentioning that Nakheel Properties has awarded the construction contract of the project to Ali Mousa and Sons Contracting one month ago. The contract’s value exceeded the $150m mark.
With its area spanning around 11 million square meters of land, Dragon City is one of Nakheel’s most iconic developments. In addition to the Dragon Towers and several upscale amenities, facilities and food and beverage outlets, Dragon City’s most renowned component is Dragon Mart, the 5000-store hub that is considered the largest mall for Chinese products that is situated outside of China’s mainland.