Nakheel awards AED 5 billion in contracts for Palm Jebel Ali villas

Nakheel, part of Dubai Holding Real Estate, has awarded three major contracts exceeding AED 5 billion for the construction of ultra-luxury villas on the first six fronds of Palm Jebel Ali, with completion expected by late 2026.

The contracts have been granted to Ginco General Contracting, Shapoorji Pallonji Mideast, and United Engineering Construction Company (UNEC), marking a significant milestone for this waterfront destination.

The scope of these contracts include a total of 723 villas from the Beach Collection and Coral Collection, each with exclusive beach access and located across Fronds K, L, M, N, O, and P, alongside infrastructure and public spaces.

Palm Jebel Ali aims to redefine waterfront living, offering 539 five- and six-bedroom Beach Collection villas and 184 seven-bedroom Coral Collection villas, with sizes ranging from 8,000 to 15,000 square feet, along with essential infrastructure and landscaping to support community living in line with the Dubai 2040 Urban Master Plan.

These contracts follow earlier agreements for infrastructure and marine works on Palm Jebel Ali.

Ginco will build 197 villas on Fronds O and P, Shapoorji Pallonji will construct 275 villas on Fronds M and N, and UNEC will develop 251 villas on Fronds K and L.

The project aims to create a major residential and leisure destination, featuring 13.4 km of beachfront and 16 fronds.

Upon completion, Palm Jebel Ali will include mixed-use neighbourhoods with stunning views of the Arabian Gulf, abundant recreational spaces, and smart city technologies to ensure seamless connectivity.