Nakheel, a member of Dubai Holding Real Estate, has awarded three major contracts, collectively valued at more than AED5 billion ($1.36 billion), for the construction of exclusive ultra-luxury villas on the first six fronds of Palm Jebel Ali, scheduled for completion by late 2026.
The contracts, awarded to Ginco General Contracting, Shapoorji Pallonji Mideast, and United Engineering Construction Company (UNEC), mark a significant milestone in the ongoing development of this landmark waterfront destination in Dubai.
“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,” stated Khalid Al Malik, CEO of Dubai Holding Real Estate.
723 luxurious beachfront villas
The scope of work under the three contracts includes the construction of 723 luxurious Beach Collection and Coral Collection villas with exclusive beach frontage across six fronds in addition to the comprehensive development of world-class infrastructure and vibrant public spaces within the respective fronds on Palm Jebel Ali.
“Partnering with Ginco General Contracting, Shapoorji Pallonji Mideast and UNEC on the prestigious Palm Jebel Ali project reflects our commitment to developing and delivering the highest standard of living experiences available in the market,” added Al Malik.
Palm Jebel Ali will set a new standard for waterfront living, and residents can look forward to a diverse selection of five- and six-bedroom Beach Collection villas, numbering 539 in total. The development will also include 184 Coral Collection villas boasting seven bedrooms.
The luxury villas feature expansive built-up areas ranging from 8,000 to 15,000 square feet. The simultaneous development of a network of roads, seamlessly integrated utilities, and landscaping will also accompany the construction of the waterfront residences, in line with the Dubai 2040 Urban Master Plan.
Palm Jebel Ali
The latest villa construction contracts follow previous contracts the company awarded earlier this year for the commencement of infrastructure, public access roads, and marine works on Palm Jebel Ali.
Ginco General Contracting will deliver 197 villas on Fronds O and P. In addition, Shapoorji Pallonji Mideast will undertake the construction of 275 villas on Fronds M and N, while UNEC will lend its expertise to the development of Fronds K and L, constructing 251 villas in total.
The construction contracts are key to advancing Palm Jebel Ali’s vision as a major residential and leisure destination with a progressive approach to contemporary urban planning practices. Palm Jebel Ali’s seven islands span 13.4 kilometers, and feature 16 fronds and over 90 kilometers of beachfront.
When complete, the landmark development will feature several mixed-use pedestrian-friendly neighborhoods offering panoramic views of the Arabian Gulf.
Residents and visitors will enjoy an abundance of recreational spaces, catering to a diverse array of lifestyles and interests. Embracing the latest in smart city technologies and sustainable practices, Palm Jebel Ali will also provide a suite of mobility options to ensure seamless connectivity for residents, visitors, and communities.
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