Union Properties has awarded construction giant Bouygues a contract to build the new Ritz Carlton Hotel at Dubai International Financial Centre (DIFC) in Dubai
The contract has been awarded after the company set up a local joint venture partner, Target Construction.

The 330-room building will also include 121 serviced and managed apartments, and is scheduled to open in 2008. It will be the second Ritz Carlton in Dubai and the fifth in the Middle East. The interior will blend elements of modern style and classic Arabic design. The hotel will include a Ritz Carlton Suite and Royal Suite to host visiting dignitaries and delegations.
The 15-storey building will feature meetings and conference space totalling 2,000 sq m. The facilities also include a 1,400 sq m ballroom, five meeting rooms and a boardroom.
Recreational amenities will include a 2,100 sq m health club and spa, as well as both indoor and outdoor swimming pools. Serviced apartments will range in size from 125 to 350 sq m and feature one to four bedroom, furnished luxury units. Residents will be able to utilise all services offered by the hotel including housekeeping, catering, concierge, and in-room dining.
According to Bouygues Construction, part of French conglomerate Bouygues, the hotel deal is worth 225 million euros ($276 million).
The Bouygues’ VSL unit, meanwhile, will begin building Dubai Metro’s suspended Red Line, which goes through Dubai. This contract is worth 110 million euros, the company added.