Arabian Business reported that Dubai World owned Nakheel has awarded a JV of Al Habtoor and Murray & Roberts a contract worth USD 790 million for the construction of the Trump International Hotel and Tower on the Palm Jumeirah.

Construction of the project will begin in July 2008 with a completion date set for May 2011. Work involves a 62 storey structure, which is set to become a focal point of the Palm Jumeirah. The 270 meters design, which has a total gross built up area in excess of 250,000 square meters, will feature two towers that rise above the Palm Monorail and central park.

The development comprises a unit mix of 378 hotel rooms and suites, 385 condominiums, 12 townhouses, and 4189 square meters of retail and 5574 square meters of office space. Trump International Hotel and Tower Dubai is the only planned mixed use development in Dubai under the Trump name. The project is the first JV between Nakheel and The Trump Organization.

Al Habtoor Leighton Group was established following the merger of Al Habtoor Engineering with the Persian Gulf operations of Leighton International. The new entity immediately became the UAE's largest construction group, with revenue of over USD 1.6 billion in 2007.

Murray & Roberts is a South African construction and engineering group specializing in a number of regions across the world including the Middle East.