Dh600 million contract awarded for The Royal Estates real estate development in Dubai
Aristocrat Star Investments, a multi-diversified business group, has announced it had awarded a Dh600 million contract for its signature real estate project in Dubai - The Royal Estates to Power Line Gulf Construction (PLGC), a multi-discipline construction company in the UAE. The Royal Estates comprises of 3,600,000 sq. ft of premium commercial, residential, retail propositions and a 5-star hotel that are fully integrated towards creation of this mixed-use elite community. The construction has been planned in 3 phases with the first phase of this awarded contract including the construction of premium office and retail amenities, 8 residential low-rise buildings and 193 townhouses.
Osman Valli, CEO, Aristocrat Star Investments, said, "The Royal Estates reflects the changing face and growth of Dubai Investments Park. The awarding of this contract is a significant step in the development of this project and we, at Aristocrat Star Investments are extremely proud to be leading this project."
Located strategically within Dubai Investments Park, a one-of-its-kind mixed-use commercial, business and residential real estate development, The Royal Estates is ideally placed to appeal to a variety of target audiences across numerous demographics who share one common ideal---the finer things in life.
