Work is poised to start on a billion-dirham ($272 million) three-tower residence at Nakheel’s Jumeirah Lake Towers development in Dubai.

The Armada Towers is being built by the Armada Group, one of the UAE’s leading investment groups.
Foundation work will take four months, on a budget of Dh12 million.
Adnan Safarini is the consultant, while APCC will be handling the piling work.
The towers will feature 1,200 apartments and occupy a space of 200,000 sq ft, which will include 21,000 sq ft of external and 15,000 sq ft of internal retail space. There will also be 12 luxury penthouses, four to each tower.
The entire project is scheduled for completion by the first half of 2007.
“The Armada Towers is a unique concept of three beautifully designed buildings conceived like the blustering sails of a ship and with elegantly curved glass domes,” said Armad chairman Dr Mohammed Raheef Hakmi.
Apartments will range from the stylish and compact studio, through to the more spacious one, two and three bedrooms and luxurious penthouses.