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Abu Dhabi / WAM
Eagle Hills Abu Dhabi has recently awarded the construction and infrastructure works contract for the entire 63,677 square metre site of The Address Fujairah Resort and Spa to Joannou and Paraskevaides, J&P.
The Abu Dhabi-based private real estate investment and development company made the announcement during an official signing ceremony that marked the groundbreaking of the luxury hotel and residential development, representing a significant milestone in the progress of the project in
Fujairah.
The Address Fujairah Resort and Spa is scheduled to be complete by 2019, and will comprise 196 rooms with a range of five-star amenities and four residential buildings that include 172 branded apartments, five beach villas and five garden villas. The development also features a 500-metre promenade, beach access and a unique plaza.
Located in Sharm, Fujairah, famous for its landscape of mountains and uninterrupted sea views out onto the Gulf of Oman, the resort will offer tranquility and high-end living for its residents and guests.
Since the project was revealed in April 2016, Eagle Hills has completed the grading and marine works at the site.
Eagle Hills is working closely with the Fujairah and Dibba Municipalities on two projects, Fujairah Beach and The Address Fujairah Resort and Spa, where it is committed to boosting the economies of the Northern Emirates.
In August 2017, the company announced the signing of a AED300 million facility
with the National Bank of Fujairah to finance the ongoing
construction of the resort.