Nakheel awards AED 810 million contract for Palm Jebel Ali marine works

Supplied

Nakheel, a member of Dubai Holding Real Estate, has awarded an AED 810 million contract to Jan De Nul Dredging LTD. for the marine works on Palm Jebel Ali.

The Belgian company will be responsible for dredging, land reclamation, beach profiling and sand placement, directly supporting the construction of villas across all fronds of the mega real estate project.

With mobilisation activities already underway, Jan De Nul Dredging is expected to complete the entire scope of marine works at Palm Jebel Ali in just over two years.

The first eight fronds of the project are expected to be site-ready by the first quarter of 2025, allowing for the commencement of villa infrastructure and civil works.

Following Nakheel’s recent award of two major infrastructure contracts, works have also commenced on the construction of a new public access road from Sheikh Zayed Road, in addition to roadway and lighting enhancements from the mainland to Palm Jebel Ali.

Palm Jebel Ali will offer an exceptional breadth of luxury lifestyle amenities for residents, families and visitors. Supporting the Dubai Economic Agenda D33, the project also marks the beginning of a new growth corridor in the Jebel Ali area, underlining the expansion of the emirate.

"Aligned with the Dubai 2040 Urban Master Plan vision, Palm Jebel Ali is set to become a global destination that will offer residents the opportunity to experience a luxurious waterfront lifestyle with access to sweeping beachfronts and pristine waters, while setting new standards in quality living and sustainability," said Khalid Al Malik, Chief Executive Officer of Dubai Holding Real Estate.

Last year, Palm Jebel Ali launched more than 700 units of its Phase 1 frond villas, featuring eight unique styles that blend indoor and outdoor living in a serene coastal setting.

Progress on infrastructure and marine works directly supports the delivery of these homes, scheduled for handover late 2026.

The island will ultimately span 13.4 km, featuring 16 fronds and 91 km of beachfront, aligning with the Dubai 2040 Urban Master Plan's goal of expanding public beach access.

More from Business News

  • UAE to expand CEPAs in 2025, says Thani Al Zeyoudi

    Dr. Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade, reaffirmed on Tuesday the UAE will continue to increase its Comprehensive Economic Partnership Agreements (CEPAs) in 2025, targeting additional countries to maximise benefits for the UAE and its global trade partners.

  • Chinese stocks post first annual gain since 2020, HK ends four-year rout

    Chinese stocks dipped on Tuesday, the final trading day of 2024, but were on track for their first annual gain following an unprecedented three-year decline, while Hong Kong shares also ended the year higher.

  • UAE's GDP grows 3.6% in H1 2024

    The UAE's GDP reached AED 879.6 billion in the first half of 2024, recording a 3.6 per cent increase, according to the Federal Competitiveness and Statistics Centre. 

  • DOH Abu Dhabi receives Startup Ecosystem Stars Award 2024

    The Department of Health – Abu Dhabi (DoH) has received the Startup Ecosystem Stars Award 2024, a global accolade run by the International Chamber of Commerce (ICC) Mind the Bridge in collaboration with the OECD and the European Commission.

On Virgin Radio today

  • Non Stop Hits

    Midnight - 6:00am

    The UAE's #1 Hit Music Station with no interruptions

  • The Kris Fade Show

    6:00am - 10:00am

    Kris, Priti and Rossi host the UAE's biggest radio show. It's full of fun, laughs and it's Where The Stars Live.

Trending on Virgin Radio