Nakheel awards contracts worth 5 billion dirhams to build villas on Palm Jebel Ali

Nakheel Properties, a subsidiary of Dubai Holding Properties, the real estate development arm of Dubai Holding, announced the award of three major contracts with a total value of more than five billion dirhams to carry out the construction work for a group of exclusive luxury villas on the first six fronds of the “Palm Mountain” project. Ali”, which is scheduled for completion in late 2026.

The company stated, in a statement yesterday, that the contracts awarded to the companies “Ginco General Contracting”, “Shapoorji Pallonji Mideast”, and “Union of Structural Engineering for Building Contracting” (UNEC) represent an important achievement in the ongoing development process of this leading marine destination. In Dubai. The scope of work under the three contracts includes the construction of 723 luxury villas, “Beach Collection” and “Coral Collection,” with an exclusive beach front across six fronds, namely (K, L, M, N, O, and P), in addition to the comprehensive development of infrastructure according to international standards, and vibrant public spaces. Life inside the palm fronds on the Palm Jebel Ali.

The Palm Jebel Ali project will set a new standard for waterfront living, where residents can look forward to a variety of five- and six-bedroom Beach Collection villas, numbering 539 villas, in addition to 184 luxury Coral Collection villas. » It includes seven bedrooms, each of which was designed with great care, with the ability to choose from eight distinct architectural styles for the “Beach Collection” villas and eight other styles for the “Coral Collection” villas. The luxury villas are characterized by large built-up areas ranging from 8,000 to 15,000 square feet.

Khalid Al Malik, CEO of Dubai Holding Properties, said: “The Palm Jebel Ali project represents the pinnacle of luxury living on the waterfront, and reflects Dubai’s vision for growth and prosperity, as it is scheduled to contribute significantly to the economic development of the emirate, and attract… More investment and tourism in the coming years.”

He added, “Cooperation with (Ginco General Contracting), (Shapoorji Pallonji Mideast), and (Constructional Engineering Union Building Contracting) in the Palm Jebel Ali project reflects our commitment to developing and providing upscale living experiences in accordance with the highest international standards.”

The recent villa construction contracts follow the awarding of contracts earlier this year to begin implementing infrastructure, public roads and marine works in the Palm Jebel Ali project.

Genco General Contracting Company will deliver 197 villas located on the two palms (O and P), while the Shapoorji Pallonji Mideast Company will build 275 villas on the two palms (M and N), while UNIC will provide its expertise to develop the two palms (K and L). And the construction of 251 villas.