Construction under way at Nakheel’s AED713 million residential twin towers at Dragon City

23rd September 2018

Master developer gears up for sales launch as AED552 million building contract is awarded

Master developer Nakheel today signed a construction contract for Dragon Towers, its new, twin-building residential complex with a total development value of AED713 million, to be built at Dubai’s rapidly-expanding Dragon City mixed-use community.

Under the AED552 million contract, handed to UAE-based Ali Mousa & Sons Contracting, mobilisation will begin immediately, with anticipated completion in 2021.

Nakheel also confirmed that Dragon Towers’ apartments will go on sale next week, and is among a range of other Nakheel projects being showcased at the upcoming Cityscape Global.  

Directly-connected to the world-famous Dragon Mart retail and trading complex, the 37-storey, two tower project comprises one- and two-bedroom apartments; ground and first floor retail; four parking levels and a sixth floor podium-level clubhouse with a swimming pool, restaurant and gym.

Dragon Towers is a key component of Nakheel’s ongoing retail, hospitality and residential expansion at Dragon City, which is already home to Dragon Mart 1 and its sister mall, Dragon Mart 2, plus an ibis Styles hotel. A new showroom and car park complex and a second hotel are in advanced stages of construction, with further expansions in the pipeline.

For more information on Dragon Towers, go to www.nakheel.com, call 04 390 3333 or visit the Nakheel Sales Centre. 

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