Dubai Holding Awards Dh5bn Contract for New Headquarters and Residences to CSCEC ME
Dubai Holding has signed a Dh5 billion ($1.36 billion) construction contract with China State Construction Engineering Corporation Middle East (CSCEC ME) to build its new headquarters and the Jumeirah Residences Emirates Towers in Dubai. The project, designed by Skidmore, Owings & Merrill (SOM), features a circular layout centered around an open-air atrium and is expected to meet international sustainability standards. The headquarters will be completed by 2029, while the residential component comprising two towers with 754 branded residences is scheduled for completion in 2030. Dubai Holding chairman Sheikh Ahmed bin Saeed Al Maktoum emphasized that this investment supports long-term economic growth and reinforces Dubai’s position as a global business hub. CSCEC ME, which has been active in the UAE since 2003, is responsible for over 110 major projects across various sectors. The project underscores continued collaboration between Chinese construction firms and key Emirati developers.
Topics: CSCEC ME Dubai Holding Jumeirah Residences Emirates Towers Skidmore, Owings & Merrill SOM architecture