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