Photo : Dubai government media office
Nakheel, a prominent member of Dubai Holding Real Estate, has announced the awarding of three substantial contracts totaling over AED 5 billion for the construction of ultra-luxury villas on the first six fronds of Palm Jebel Ali. These contracts are a pivotal development in the ambitious project, which is slated for completion by late 2026.
The contracts have been awarded to three leading construction firms: Ginco General Contracting, Shapoorji Pallonji Mideast, and United Engineering Construction Company (UNEC). Together, these companies will construct a total of 723 luxurious villas, comprising both Beach Collection and Coral Collection properties. The Beach Collection will feature 539 five- and six-bedroom villas, while the Coral Collection will consist of 184 opulent seven-bedroom villas, each designed with a choice of eight distinct architectural styles.
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The construction will not only focus on the villas but also include the development of top-notch infrastructure and vibrant public spaces across the designated fronds—K, L, M, N, O, and P. This initiative aims to establish Palm Jebel Ali as a benchmark for waterfront living, with villas designed to offer expansive built-up areas ranging from 8,000 to 15,000 square feet, providing residents with unparalleled luxury and comfort.
Khalid Al Malik, Chief Executive Officer of Dubai Holding Real Estate, emphasized the significance of Palm Jebel Ali in the broader context of Dubai’s growth strategy. He remarked, “Palm Jebel Ali represents the pinnacle of waterfront living and reflects Dubai’s vision of growth and prosperity. It is set to contribute significantly to the emirate's economic development, attracting investment and tourism for years to come.”
The project is also aligned with the Dubai Economic Agenda D33, signaling the start of a new growth corridor in the Jebel Ali area. This landmark development aims to integrate innovative urban planning practices, enhancing the community living experience for residents and visitors in line with the Dubai 2040 Urban Master Plan.
In addition to luxurious villas, Palm Jebel Ali will feature a network of roads, integrated utilities, and lush landscaping, designed to improve connectivity and enhance the quality of life for its residents. The project encompasses seven islands spanning 13.4 kilometers, with 16 fronds and over 90 kilometers of beachfront, ultimately creating a pedestrian-friendly environment that offers stunning views of the Arabian Gulf.
Gheyath Mohammad Gheyath, Founder and Chairman of Ginco General Contracting LLC, expressed pride in the collaboration, stating, “At the core of our values are professionalism, commitment, and the power of strong partnerships. Ginco has always invested in the right collaborations, and our continued partnership with Dubai Holding Real Estate is a testament to our strategic vision and ongoing journey of success.”
Batchu Sagar, Chief Executive Officer of Shapoorji Pallonji, echoed this sentiment, saying, “Being selected as a partner in building luxury villas at Palm Jebel Ali is an honor. We are dedicated to quality, safety, and delivering a serene retreat with stunning waterfront views.”
Eng. Abdul Halim Muwahid, Chairman of UNEC, also conveyed enthusiasm for the project, highlighting its role in symbolizing innovation and growth. He stated, “Our collaboration with Dubai Holding Real Estate marks the beginning of what we believe will be remarkable success.”
The contracts awarded follow earlier contracts for infrastructure development, public access roads, and marine works on Palm Jebel Ali, reflecting Nakheel’s commitment to creating a world-class residential and leisure destination. The project's mixed-use neighborhoods will cater to diverse lifestyles and interests, providing recreational spaces and embracing smart city technologies to ensure seamless connectivity.
With these initiatives, Nakheel continues to solidify its position as a key player in Dubai's real estate market, contributing to the realization of the emirate's long-term vision for sustainable urban development.
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