China Railway 18th Bureau Group, a subsidiary of the Chinese state-owned China Railway Construction Corporation, has been awarded a contract worth around $272m (AED1bn) to build twin residential towers in Dubai.
The scheme by developer Ellington Properties, called Mercer House, will have a North Tower with 34-storeys and a South Tower with 41-storeys. In them will be studio, one, two and three bedroom flats, plus four bedroom penthouses.
Also provided will be food and beverage options, a beach club, fitness areas, sport hall, club house and communal spaces.
The project is an initiative of the Dubai Multi Commodities Centre (DMCC), a sovereign wealth fund-run free-trade zone.
Ahmed Bin Sulayem, DMCC chairman, said: “Demand for integrated, high-quality communities is higher than ever, particularly in prime locations such as Uptown Dubai.
“With Mercer House, we are meeting this head-on by delivering a refined and vibrant residential experience.”
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