Wedoany.com Report-Oct. 30, China Railway 18th Bureau Group, part of state-owned China Railway Construction Corporation, has secured a contract valued at about $272 million (AED 1 billion) to construct twin residential towers in Dubai.

The project, named Mercer House and developed by Ellington Properties, consists of a 34-story North Tower and a 41-story South Tower. These will house studio, one-bedroom, two-bedroom, and three-bedroom apartments, along with four-bedroom penthouses.

Additional facilities include dining and beverage venues, a beach club, fitness zones, a sports hall, a clubhouse, and shared areas.

The development is located within the Dubai Multi Commodities Centre (DMCC), a free-trade zone managed by a sovereign wealth fund.

Ahmed Bin Sulayem, chairman of DMCC, said: “Demand for integrated, high-quality communities is higher than ever, particularly in prime locations such as Uptown Dubai. With Mercer House, we are meeting this head-on by delivering a refined and vibrant residential experience.”