Al Arif Contracting Company LLC announces AED176.7m Dubai projects

High-rise buildings in Al Nahda, Al Quasis and Al Souq Al Kabeer, and luxury villas

Al Arif Contracting Company LLC has announced a projects pipeline worth AED176.7m in Dubai, with projects due for completion in 2012 and 2013.

The new projects include three high-rise buildings in Al Nahda, Al Quasis and Al Souq Al Kabeer and 92 luxury villas in Al Badia. In addition to these residential properties, Al Fahidi Supermarket commissioned by Dubai Municipality is also one of recent projects secured by the contractor.

Residential projects are scheduled to be completed by end of 2012, with the supermarket and luxury villas ready by mid-2013.

“Our proactive approach has allowed us to successfully capitalize on market opportunities and win new projects,” explained managing director Hamad Al Arif.

“We have started work on all the recently acquired projects and are confident of meeting our delivery timelines,” Al Arif added.

Over its near 40 year history, Al Arif has completed nearly 400 construction projects in Dubai and the Northern Emirates.

“The UAE has the highest per capita expenditure on construction in the world and it is further expected to significantly grow annually in the coming years. We are excited to be part of the booming construction market. Apart from Dubai, we are aggressively seeking out new projects in markets like Abu Dhabi, Saudi Arabia and Qatar.”

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