The Jewel of the Creek project in Dubai, which will include hotels, apartments, offices and a conference centre, is set to be completed in the first half of 2019.
Dubai’s transport authority said in a statement that it has awarded a AED375 contract for roads and tunnels leading to the project, which is being built between Al Maktoum Bridge, Baniyas Road and the Floating Bridge covering a 123,955 sq m plot of land.
The Roads and Transport Authority (RTA) said in comments published by state news agency WAM that the awarding of the contract was coordinated with the Dubai International Real Estate Company (DIRE).
It added that the Jewel of the Creek has been designed as a “landmark tourist destination adding further prominence to the city and the tourist profile of the area”.
Mattar Al Tayer, director-general of the RTA and Khalil Al Sayegh, director-general of DIRE, signed the memorandum of understanding for funding the construction.
Al Tayer said: “The entry and exit points leading to the Jewel of the Creek have been designed to meet the needs of this futuristic architectural masterpiece enhancing the Dubai skyline and posing as a majestic urban development on the shores of the Dubai Creek.”
