The construction of Mada Residences, a luxury residential tower in Downtown Dubai, is on track to be handed over as promised in Q2 2018 thanks to hitting a number of impressive milestones in the last 12 months.
ARTAR Real Estate Development has confirmed it is ending the year on a high, having completed 30 floors of the new building, which will stand out among the rest for being delivered on time in one of Dubai’s most sought after neighborhoods.
Eng. Okbah Abdulkarim, COO for ARTAR Real Estate Development said, “Careful planning and execution from our teams of engineers, architects and workers have allowed us to stay on track with development. As it stands, Mada Residences is the only residential building in Downtown Dubai slated for handover as promised by Q2 2018.”
Throughout its development, four cranes carried 6,000 tons of steel and 31,000 cubic meters of concrete that went into the construction of 36 floors containing 200 flights of stairs. 13,000 square meters of fire-proof stone finish porcelain cladding and 17,000 square meters of glass make up the façade of Mada Residences.
Offering a luxury residential experience in the heart of the city, with 193 spacious 1-, 2-, 3- and 4-bedroom apartments designed with liveability in mind, the tower is a one-minute walk from the new Dubai Mall extension and features a Signature Collection of nine elite 4-bedroom apartments.
Mada Residences stays on track with construction milestones for 2017
Mada Residences stays on track with construction milestones for 2017
Tourism Minister opens Radisson Hotel Madinah
Minister of Tourism and Chairman of the Board of the Tourism Development Fund Ahmed Al-Khateeb recently inaugurated the Radisson Hotel Madinah. The hotel has been enabled by the TDF, a Saudi government fund dedicated to supporting and developing the Saudi tourism sector. The opening of the new property falls within ongoing efforts to enhance the hospitality infrastructure in Madinah and increase its readiness to receive visitors, thereby improving the quality of tourism services in line with the objectives of the National Tourism Strategy and Saudi Vision 2030.
The minister stated that the opening of Radisson Hotel Madinah reflects TDF’s commitment to high-quality and diversified projects that meet visitors’ needs. He said: “Saudi Arabia continues to advance the development of the hospitality sector across different regions to ensure the provision of exceptional accommodation experiences that enhance the visitor journey and support the sustainable growth of tourism, particularly in cities of religious and historical significance such as Madinah.”
TDF CEO Qusai Al-Fakhri said that the fund continues to perform its role as the national enabler of the tourism sector by supporting projects that generate tangible economic and developmental impact. He explained that the hotel’s opening represents a model of TDF’s role in diversified tourism investments and support for the private sector’s hotel projects, which increase accommodation capacity, create job opportunities, and enhance quality of life in Madinah.
The four-star Radisson Hotel Madinah spans an area exceeding 2,300 square meters and comprises 165 rooms. It is located next to Quba Mosque, 12 minutes by car from the Prophet’s Mosque, and 20 minutes from Prince Mohammad bin Abdulaziz International Airport, making it a convenient choice for city visitors and pilgrims. The hotel includes a restaurant serving guests and visitors, dedicated meeting and event spaces, and sports facilities.
The hotel contributes to stimulating the local economic activity and supporting the tourism and hospitality ecosystem, enhancing Madinah’s readiness to receive increasing numbers of visitors and pilgrims in the coming years.
This project is part of the TDF’s portfolio of tourism projects in various regions of the Kingdom. The TDF has contributed to more than 130 tourism projects in Madinah, with total contributions exceeding SR1.5 billion ($400 million) and accommodation capacity surpassing 2,100 hotel rooms, reaffirming its role in advancing tourism investment, sustainable development objectives, and the tourism sector’s contribution to the national economy, in line with the National Tourism Strategy and Saudi Vision 2030.
