Nakheel, a member of Dubai Holding Real Estate, has awarded contracts worth over AED 3.5 billion to two construction firms for the building of 544 villas on Palm Jebel Ali, in what the developer has described as a milestone in the delivery of the waterfront project.
The contracts have been awarded to Ginco General Contracting L.L.C and United Engineering Construction (UNEC). Ginco will construct 354 villas across Fronds A to D, while UNEC will deliver 190 villas on Fronds E and F.
Construction is scheduled to commence this quarter, with completion targeted for the fourth quarter of 2028. The villas form part of a collection of 10 architectural typologies, designed to maximise waterfront positioning and sea views. The units will incorporate smart-home features and sustainability-focused design principles.
Dubai’s Palm Jebel Ali Villa construction to start this quarter under AED 3.5bn contract
“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,” Khalid Al Malik, Chief Executive Officer of Dubai Holding Real Estate said in a statement.
“We are delighted to continue our successful journey in construction and development with Nakheel. This ongoing partnership is a testament to the strength of our relationship and our strong performance. We pledge to complete this project to the highest standards, and we remain committed to contributing to the realisation of our shared vision for this vibrant city,” Gheyath Mohammad Gheyath, Founder and Chairman of Ginco General Contracting L.L.C added.
“Palm Jebel Ali is a remarkable project that stands as a testament to our shared vision and collaboration. Together, we are not just building communities, we are building tomorrow’s legacy, today. We deeply value our partnership with Nakheel and remain committed to sustaining and strengthening this relationship as we move forward toward continued success,” Eng. Abdul Halim Muwahid, Chairman of United Engineering Construction (UNEC) further explained.
The contract awards align with the goals of the Dubai 2040 Urban Master Plan and the Dubai Economic Agenda D33. Palm Jebel Ali forms a part of Dubai’s urban expansion along the emirate’s southern coastline, contributing to what the developer has framed as a long-term vision for waterfront communities.
The latest awards build on what Nakheel has described as continued progress at Palm Jebel Ali, positioning the project as a component of Dubai’s stated aim to consolidate its standing as a destination for waterfront living.
