Meraas awards AED 850 million construction contract for Bvlgari Lighthouse

WAM

Meraas, part of Dubai Holding Real Estate, has awarded an AED 850 million construction contract to Dutco Construction Co LLC for the Bvlgari Lighthouse on Jumeira Bay Island.

With marine works now completed, construction will soon commence on the 27-storey luxury residential tower.

Designed by the renowned architecture firm Antonio Citterio Patricia Viel, Bvlgari Lighthouse is poised to become one of Dubai’s most prestigious addresses, adding a touch of elegance to the island.

Inspired by the Italian jeweller's legacy, the Bvlgari Lighthouse will feature opulent four- and five-bedroom penthouses, along with a unique eight-bedroom Sky Villa on the top three levels.

The Sky Villa will include expansive private rooftop gardens, a private pool, and stylish lounge areas.

Scheduled to be completed by the second quarter of 2027, this project marks Bvlgari’s third collaboration with Meraas.

Khalid Al Malik, CEO of Dubai Holding Real Estate, emphasised that Meraas is dedicated to delivering Dubai's most distinctive and luxurious residential offerings, with the Bvlgari Lighthouse being a notable addition to their portfolio.

More from Business News

  • UAE leads high-level delegation to Egypt for CEPA negotiations

    Dr. Thani bin Ahmed Al Zeyoudi, UAE's Minister of Foreign Trade, has led a high-level government delegation to Egypt as negotiations continue to secure a Comprehensive Economic Partnership Agreement (CEPA) between the two nations.

  • Sharjah Ruler approves 2026 general budget of AED 44.5 billion

    His Highness Sheikh Dr. Sultan bin Mohammed Al Qasimi, Supreme Council Member and Ruler of Sharjah, has approved the emirate’s general budget for 2026, with total spending set at around AED 44.5 billion.

  • Andre Agassi to headline 11th Dubai International Project Management Forum

    Under the patronage of His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister, Minister of Defence and Chairman of the Executive Council of Dubai, the 11th edition of the Dubai International Project Management Forum (DIPMF) will bring together an elite line-up of local and international speakers, including ministers, heads of authorities and institutions, and senior executives from leading global companies.

  • Disney+ joins 1 Billion Followers Summit as strategic partner

    The 1 Billion Followers Summit, the world’s largest global event dedicated to the content creation economy, has announced Disney+, the streaming service of The Walt Disney Company, has joined as a Strategic Partner for its fourth summit.

On Virgin Radio today

Trending on Virgin Radio