Abdul Rahim Consultants Wins Design and Licensing Bid for 14 Building that Cost AED 570 Million for Alnafisi National Real Estate Group Co. & families
- Commercial and residential buildings in Satwa expected to cover building construction area of 1.3 million feet
Abdul Rahim Architectural Consultants (ARACO), a leading engineering consultant in design and project management in the UAE won a tender released by Alnafisi National Real Estate Group Co. for the design and licensing of 14 buildings in Dubai’s Satwa area. The project is approximately valued at AED 570 million and is expected to cover a building construction area of 1.3 million feet.
Based out of Kuwait, the Alnafisi National Real Estate Group Co. is a well-experienced investor in real estate development, and has several investments across the UAE, Kuwait, and other countries. The company owns several planned buildings and, also represents investors from the Alnafisi family in the real estate sector.
The tender which ARACO won, has architectural, structural, MEP design and engineering, the obtaining of all necessary permits from relevant bodies, and complete overseeing of the construction process as its scope of work.
The bid heavily contested by a range of engineering consulting firms well experienced with real estate sector in the UAE. However, ARACO’s 30 years of experience in the design and supervisions of hundreds of prestigious projects proved an indisputable edge. “We were very impressed with the thoroughness of ARACO’s bid, and knew our project and vision here in the UAE will be in safe hands because of ARACO’s extensive experience in the country and region,” commented Mr. Talal Yousef Alnafisi , member of the Board of Directors of Alnafisi National Real Estate Group Co., on the Alnafisi Group’s decision to invest in Dubai.
“Dubai’s investment environment is still regarded as the most attractive for such projects in the region. The quality and variety of the real estate sector only adds to the ROI which continues to be and promises to be one the highest in the region,’’ continued Mr. Talal Yousef Alnafisi
Speaking on winning the Nafisi Group bid, General Manager, Eng. Raheem Bani Zaman Lari said, “We are very proud to have won the bid, and the trust of Alnafisi Group. We look forward to assisting and achieving the Alnafisi National Real Estate Group Co. vision in Dubai.”