DUBAI:Meraas, a member of Dubai Holding Real Estate, has awarded an AED850 million contract for construction work of the Bvlgari Lighthouse on Jumeira Bay Island to Dutco Construction Co LLC. With marine works now completed on this section of Jumeira Bay Island, construction will soon commence on the 27-storey luxury residential tower. Designed by world-renowned architecture firm Antonio Citterio Patricia Viel, Bvlgari Lighthouse is set to become one of the city's most prestigious addresses and an exquisite highlight of the island. Inspired by the timeless elegance and luxury of the Italian jeweller, Bvlgari Lighthouse comprises four and five-bedroom luxury penthouses. Additionally, it will feature a one-of-a-kind eight-bedroom Sky Villa crowning its top three levels, surrounded by expansive private rooftop gardens, outdoor living spaces, a private pool and stylish lounge areas on either side of the building. Scheduled for completion by Q2 2027, the Bvlgari Lighthouse is Bvlgari's third project in collabor ation with Meraas. Khalid Al Malik, Chief Executive Officer of Dubai Holding Real Estate, said, 'Meraas remains steadfast in its commitment to creating and delivering some of Dubai's most distinctive and luxurious residential offerings, and the Bvlgari Lighthouse will soon become a part of this exceptional portfolio." Source: Emirates News Agency