

Dubai Investments Real Estate Company (DIRC), the real estate arm of Dubai Investments, has awarded the construction, maintenance and engineering work of the Dh800 million ($218 million) Ritaj development to Robust Contracting Company of Dubai.
Under the agreement, Robust will also do mechanical, electrical and plumbing (MEP) works for the multi-storey residential buildings, car park structures, community centre, service buildings and hard landscape such as roads, surface parking and walkways within the development.
“Work on the project, which has a footprint of 2.47 million sq ft, has commenced and should be completed in 18 months,” says a spokesman of DIRC.
Designed for luxury living at affordable rates, Ritaj will develop more than 2,200 housing units, including studios and one, two and three-bedroom apartments that offer top-calibre amenities. Ritaj residents will enjoy fully serviced accommodation, 24-hour security, maintenance and cleaning services.
“Dubai Investments is very positive in its outlook on the real estate industry, which is why we have made significant investments through the DIRC. After launching Ritaj last year, we are confident that once it is completed, it will be one of the significant projects in Dubai. Through projects such as the Ritaj and through our experience and expertise, we will aim to become leaders in this industry,” says Khalid Kalban, managing director and chief executive officer, Dubai Investments. “On the other hand, with the leverage we get from Robust’s technical expertise and adherence to quality, we are confident of building a landmark housing project that will usher in more top-notch residential developments by DIRC.”
Aside from the housing development, the project will also consist of hotel staff accommodation, a community centre, restaurants, cafes, shops, supermarket, clinic, pharmacy and mosque. Also on offer to further enhance the luxury lifestyle are a range of entertainment and recreational facilities including swimming pools and landscaped gardens.
Sitting at the heart of the DIP, residents of Ritaj can also avail of the facilities at the DIP such as mosques, medical centres, hotels, schools, cricket and football fields, civil defense facilities, public buses, commercial showrooms and restaurants.