Close Menu
Newsoutnow.comNewsoutnow.com
    Quick Access
    • Bigg-Boss
    • Entertainment
    • High Life
    • Infotainment
    • News
      • Business
      • Sports
      • Technology
    • News Wire
    • Photo Gallery
    • Stars-Wiki
    • Trending
    • World
    Facebook X (Twitter) Instagram
    • About
    • Download the App
    • Contact Us
    Facebook X (Twitter) Pinterest
    Newsoutnow.comNewsoutnow.com
    • Entertainment
    • Infotainment
    • News
      • Sports
      • Business
      • Technology
      • World
    • High Life
    • Trending
    Newsoutnow.comNewsoutnow.com
    Home»News Wire»Nakheel awards contracts worth over AED 3.5 billion to build 544 villas on Palm Jebel Ali
    News Wire

    Nakheel awards contracts worth over AED 3.5 billion to build 544 villas on Palm Jebel Ali

    PR NewswireBy PR NewswireApril 27, 20262 Mins Read
    Share Facebook Twitter Pinterest LinkedIn Tumblr Reddit Telegram Email
    Share
    Facebook Twitter LinkedIn Pinterest Email

    DUBAI, United Arab Emirates, April 27, 2026 /PRNewswire/ — Nakheel, a member of Dubai Holding Real Estate, has awarded contracts worth over AED 3.5 billion to Ginco General Contracting L.L.C and United Engineering Construction (UNEC) for the construction of 544 villas on Palm Jebel Ali, marking a major milestone in the delivery of one of Dubai’s most significant waterfront developments.
    Under the awarded contracts, Ginco will construct 354 villas across Fronds A to D, while UNEC will deliver 190 villas across Fronds E and F. Construction is scheduled to commence this quarter, with completion targeted for Q4 2028.Khalid Al Malik, Chief Executive Officer of Dubai Holding Real Estate, said: “The awarding of these contracts signals tangible progress in the delivery of Palm Jebel Ali, with construction now progressing across multiple fronds. As momentum continues to build, Palm Jebel Ali represents one of the most significant expansions of Dubai’s urban coastline in a generation and will play a key role in supporting the emirate’s long-term growth, further strengthening its global appeal as a great place to live, invest and visit.”Spanning seven islands across 13.4 kilometres, with 16 fronds and more than 90 kilometres of beachfront, Palm Jebel Ali is being developed as a world-class waterfront destination and a major contributor to Dubai’s future urban expansion.The latest contract awards represent continued progress against the Palm Jebel Ali masterplan and support the objectives of the Dubai 2040 Urban Master Plan and Dubai Economic Agenda D33, reinforcing the emirate’s long-term vision for sustainable, high-quality communities.The awards follow the unveiling of Palm Jebel Ali’s Beach and Coral Collection villas, developed in collaboration with leading international architects. The destination will also include Palm Central Private Residences, offering a connected expression of island living that brings together architecture, community and resort-style comfort.Further enhancing the island’s community infrastructure, Palm Jebel Ali will feature a 9,000 sqm retail centre and a Friday Mosque designed by Skidmore, Owings & Merrill. Designed to accommodate up to 1,000 worshippers, the mosque will serve residents and visitors across the destination.Click here to watch the video.Photo – https://www.newsoutnow.com/wp-content/uploads/2026/04/Palm_Jebel_Ali_Aerial_Render.jpgPhoto – https://www.newsoutnow.com/wp-content/uploads/2026/04/Palm_Jebel_Ali_Bluejay_Villa.jpg 

    View original content:https://www.prnewswire.co.uk/news-releases/nakheel-awards-contracts-worth-over-aed-3-5-billion-to-build-544-villas-on-palm-jebel-ali-302754471.html

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Previous ArticleHikvision releases 2025 full-year and 2026 first-quarter financial results
    Next Article Republic Power Group Limited Announces Strategic Investment and Technology Access Agreement to Enter High-Growth RWA Tokenization and Blockchain Infrastructure Markets
    PR Newswire
    PR Newswire

    PR Newswire is a distributor of press releases headquartered in New York City.

    Next Up For You

    News Wire

    Republic Power Group Limited Announces Strategic Investment and Technology Access Agreement to Enter High-Growth RWA Tokenization and Blockchain Infrastructure Markets

    April 27, 2026
    News Wire

    Hikvision releases 2025 full-year and 2026 first-quarter financial results

    April 27, 2026
    News Wire

    Medanta Expands Indore Presence with Takeover of 80 Bed Cancer Hospital

    April 27, 2026
    News Wire

    Supermicro Adds Largest Silicon Valley Campus – New DCBBS Facility to Advance the Delivery of Next-Generation AI Data Centers

    April 27, 2026
    News Wire

    Compass Mining Partners With SpiderPool to Offer 1% Bitcoin Mining Pool Fees

    April 27, 2026
    News Wire

    NYSE Content Update: Former NASA Head to Ring Closing Bell for NYSE Space Summit

    April 27, 2026
    More Reads

    Cabrella Named Exclusive Insurance Partner for PSA’s Inbound Shipping Program

    April 27, 2026

    The EXCEL – First-of-its-kind study highlights critical role of essential phospholipids in improving Fatty Liver Disease

    April 27, 2026

    Cellenkos, Inc. Announces FDA Clearance to Initiate Phase 2 Clinical Trial of CK0801 (Allogeneic Cord Blood-Derived Tregs) for Aplastic Anemia

    April 27, 2026

    CONCEPT MEDICAL ANNOUNCES PRELIMINARY 3-YEAR SIRONA DATA AT CHARING CROSS SYMPOSIUM 2026

    April 27, 2026

    Bombay Founders’ Club Acquires Movement, previously ‘The Indian Startup Community’

    April 27, 2026

    KuCoin Hosts HEXAGON BLOCK PARTY at Hong Kong Web3 Festival, Headlined by DJ Don Diablo and Rooted in Shared Values of Community and Connection

    April 27, 2026

    Prismforce Launches AIQ to Close the Gap Between AI Investment and Workforce Readiness

    April 27, 2026
    Facebook X (Twitter) Pinterest RSS
    • About
    • Download the App
    • Contact Us
    © 2026 newsoutnow.com

    Type above and press Enter to search. Press Esc to cancel.