Jumeriah Lake Towers sqft to sqm 0.0929 existing as built to completion
value/m2 cost/m2
HOSPITAL CONVERSION from HOTEL sqft sqm AED 1,926 AED 10,223
Ground +2Mezzanines +5 Floors
Built % Remainder %
15.85% 84.15%
Plot Area 17,500.00 1,625.75
BUA 100,000.00 9,290.00 AED 17,889,007 AED 94,975,389
5 upper floors 6,636.00
Commercial units 25,000.00 2,322.50
BOH 331.50
rooms 125 27.00 m2 3,375
Lifts Stairs Circulation Offices etc 3,261.00 Forex
AED to USD
professional fees permits licences AED 5,366,702 AED 28,492,617 30% 0.2730
AED 23,255,709 AED 123,468,006 Total AED 146,723,715
$40,055,574
PLOT as built $18,000,000 transfer fees 10% $1,800,000 $19,800,000
Grand Total $59,855,574 AED 219,251,187
The building is part way through construction which has been suspended. The foundations, structural frame, and part of the MEP first fix have been completed.
To complete the construction external cladding, finishes to external and internal areas, and MEP equipment installation are required.
The Hospital fitout and Installation are not included in the completion costs.