Architect firm National Engineering Bureau (NEB) has revealed that construction work on its $355m Marina 101 project in Dubai – which will feature a luxury hotel – is on track and will open by the end of 2016.
Managing director Jamil Jadallah said that work on the residential part of the building will be completed soon and work on the hotel will begin next month.
“Finishing touches to the residences will be completed soon. Construction works on the hotel is over, only the interior design and finishing touches to the hotel is left,” said Jadallah.
Marina 101, the residential building set to become Dubai’s second-tallest tower, is currently running five years behind schedule.
The 427m-high tower was initially scheduled to open in 2012, but after buying two of the building’s three penthouse apartments at a substantial discount, Cayman Islands-registered Qannas Investments revealed that “the developer expects to reach completion in Q1 2016″.