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        <div id="content-top1">Page 75 - JAH - 4 Star Hotel in Downtown Jebel Ali, Dubai</div>
        <div id="content-top2">P. 75</div>
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    <pre style="white-space:pre-line"><code>Annex D The Development Cost

               B+G+21+ROOF Floors BUILDING                                                       7 Aluminium doors, windows and curtain         24.84                          11,020,135.09
                AT Down T own Jebel Ali , DUBAI                                                           Walls
      Furnished Apartment Development Costs                                                                                                            -                                                 -
                                                                                                 8 Wooden Doors                                   3.60                           1,597,121.03
                                                                                                 `
                                                                                                                                                       -                                                 -

ITEM  DESCRIPTION                                 AED/sqft  Amount                     Currency

                             GENERAL SUMMARY                                                      9 WET AREAS AND ROOF                          1.28 `                                                      `
                                                                                                           WATERPROOFING WORK
1 PRELIMINARIES                                   25.23     11,193,156.54              AED                                                                                  -                            -
        site costs                                      -                           -            10 ELECTRICAL WORKS                                                 40.69     18,051,396.20
        head office charges and overheads               -                           -
                                                        -                           -            11 FIRE PROTECTION                                                         -                            -
2 SUBSTRUCTURE                                          -                           -                                                                                13.56       6,013,778.83
                                                                                                 12 AIR-CONDITIONING WORKS
        site clearance                              0.03            14,528.31                                                                                               -                            -
        Mass excavation                             2.05         907,583.65                      13 DRAINAGE WORKS                                                   50.86     22,564,245.26
        Backfill
        Cart away surplus excavated materials           -                           -            14 WATER SUPPLY and PLUMBING                                               -                            -
        Anti -termite treatment                     0.58         259,309.61                                WORKS                                Included in Bill 14                                      -
        Secant pile shoring                         0.06                                                                                                                                                 -
        piling ( to be called "Foundation Works"  19.65             27,108.45                    15 LANDSCAPING and IRRIGATION                                              -  11,716,669.12
        in case raft )                              5.27      8,716,112.84                                                                                           26.41
        Guniting to shoring                                   2,336,073.38                       16 MISCELLANEOUS WORKS
        Dewatering                                  0.60                                                                                        131.52                                                -
        concrete                                    1.68       266,956.75                                  Vanity and mirrors                        0.67                         297,241.97
        reinforcement                               8.03       743,589.54                                  Garbage disposal                               -
        formwork                                  10.52     3,560,439.81                                   lifts                                          -                                           -
        thermal and moisture protection             2.27    4,665,479.82                                   sauna/gymn                                     -                                           -
        (labour)                                    0.84    1,007,833.71                                   swimming pool                             0.54                                             -
3 SUPER STRUCTURE                                              373,854.17                                  kitchen and pantry cabinets               0.31                         237,414.24
                                                        -                                                  Facades pargolas                          3.88                         136,694.47
        concrete                                        -                        -                         wardrobes                                      -                    1,719,889.43
        reinforcement                                   -                        -                                                                        -                       400,000.00
        formwork                                  13.12                          -                         Interim Total                             2.02                         310,000.00
                                                  17.61     5,820,618.86                                                                             1.03                         898,372.12
4 BLOCK WORK                                      11.30     7,812,583.70                                                                             1.88                         455,648.24
                                                        -   5,013,185.45                                                                                                          834,584.64
        External insultated block walls                 -                        -
        internal hollow block walls                     -                        -                                                                                             157,107,708.02 AED
                                                        -                        -
5 FINISHES                                          2.17                         -               17 ADDITIONAL ITEMS if Any                     --
                                                    7.92       962,709.06
         Cement and sand plaster upto 15mm              -   3,513,666.26                          A FEES & BUILDING PERMITS                                                    750,000.00 AED
         thickness on internal walls                    -                        -
         Cement and sand plaster upto 20mm              -                        -               B CONNECTION FEES - UTILITIES                                                 2,250,000.00 AED
         thickness on external surface                  -                        -
        stone dust based 3mm plaster coating to     5.25                         -               C PROJECT MANAGEMENT FEE                                                      4,618,016.52 AED
        cielings                                            2,331,227.79
        ceramic floor tiles                         0.77                                         D Furniture, fixtures and equipment (FF&E)                                    75,000,000.00 AED
        other flooring items
        epoxy resin car parking floor coating       1.89                                          E Operating supplies & equipment (OS&E)                                      14,301,666.70 AED
        wall tiles and skirtings
        false ceilings                              9.63                                          F Soft Opening                                                               15,308,800.00
        porcelain wall tiles                        0.95
        porcelain floor tiles                       0.64    342,812.24                                     Sub Total                                                           268,645,867.42 AED
                                                    7.72
6 PAINTING and DECORATION                           2.39    836,859.97                                     Consultant Design                                                   5,372,917.35 AED
                                                  12.14                                                    Consultant Supervision                                              5,372,917.35 AED
        paint to internal ceiling                   4.42
        paint to internal walls                             4,271,461.50                                   Total AED                                                           279,391,702.12 AED
        External surfaces /colour mixed in              -      422,956.71                                  Total USD                                                             75,921,658.18 USD
        plaster                                         -      282,153.65
                                                        -                                                  USD per equivalent unit/room (eqRm)                                 151,843.32                   USD
                                                    1.15    3,425,386.74                                   Total development cost/eqRm                                         105,242.32                   USD
                                                    4.21    1,058,458.11                                   FF&E cost/eqRm                                                                                   USD
                                                    0.90    5,386,636.35                                   OS&E cost/eqRm                                                         40,760.87                 USD
                                                            1,959,867.03                                   Opening cost/eqRm                                                        7,445.06                USD
                                                                                                                                                                                    8,320.00
                                                                                 -                         Building and site improvements/eqRm
                                                                                 -                                                                                             94,989.80 USD
                                                                                 -                         Land cost /eqRm
                                                               508,916.07                                                                                                      43,478.26 USD
                                                            1,868,941.51
                                                               398,402.79</code></pre>
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