AED30 mn hotel apartment project in Dubai’s Business Bay

business-bay-project-1Fourzone Décor, a UAE-based interior contracting and fit-out company, has recently signed a AED30 million hotel apartment project with Shine Properties, a leading construction company in the region. The hotel apartment project located in Business Bay will be managed by a leading international hospitality brand once completed and will target luxury travellers from the Middle East looking for premium furnished apartments.

Ajish Nambiar, Marketing Director, Fourzone Décor, said: “We are proud to begin 2017 with a new project for Shine Properties. We are extremely proud to be associated with Mr Mohammed Salem Al Menhali who is such a reputed builder in the market. We look forward working him in other projects in the Kingdom of Saudi Arabia and Dubai.The construction sector is booming in this part of the world with Dubai being the most active construction market so we are optimistic that the region’s interior and fit-out contracting industry will also grow. This is a situation that will continue this year as investors pushes ahead with projects to ensure delivery before Expo 2020 so we are on track and we plan to keep it that way till the years to come.”

Recent reports indicated that the region’s interior and fit-out contracting industry will grow by nearly 20 percent and the market is expected to cross $12.5 billion by end of 2017. Hospitality segments hold majority of the total spends on interiors, followed by commercial and residential sectors.As the fit out contracting company for the hotel apartment project, Fourzone Décor will be handle all interior finishing work like flooring, ceiling, woodworks, furniture, furnishing and decorative lights.