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Construction work has commened under the first phase of the Dh14 billion ($3.81 billion) Dubai Pearl project, which is being developed by Peral Pearl Dubai FZ, a consortium of investors led by Al Fahim Group and developers of the Dh14 billion ($3.81 billion) Dubai Pearl project, last month announced the commencement of the first phase of construction work.
With the completion of scaffolding and site hoarding, and the obtaining of mobilisation permit from Tecom Investments, Pearl Dubai has begun mobilising contractors for the foundation works of the landmark project, said a spokesman for the developer.
The preliminary piling test was scheduled for last month. The main contract was still in the tendering stage.
Expected to be completed by December 2010, Dubai Pearl will have a built-up area of more than 15 million sq ft. It will also boast a 2,000-seat theatre.
