logo
Majid Al Futtaim awards $462mln contract for Dubai forest living project

Majid Al Futtaim awards $462mln contract for Dubai forest living project

Zawya04-06-2025
UAE - Majid Al Futtaim, a leading pioneer in shopping malls, communities, retail, and leisure across the Middle East, Africa, and Central Asia, has announced two significant milestones for its forest living concept, Ghaf Woods – the establishment of a dedicated tree nursery to support the project's biophilic design concept and the appointment of Innovo Build as the main contractor for its first two phases.
Spanning 738,000 sqm off the Sheikh Mohamed bin Zayed Highway, near Global Village, Ghaf Woods will feature over 7,000 premium units, including one, two, and three-bedroom residences and penthouses.
The community will also be home to Majid Al Futtaim's signature multi-purpose hub, Distrikt, which features a curated selection of retail and farm-to-table dining experiences, said the developer.
Announcing the AED1.7 billion ($462 million) construction contract, Majid Al Futtaim said as per the deal, Innovo Build will be responsible for the construction of 13 buildings with a shared podium level across the Celia, Serra, and Lacina clusters.
Ghaf Woods, it stated, was redefining the concept of living with nature and this milestone is a demonstration of the unique offering it brings.
The development's forest ecosystem is set to outnumber residents and serve as a vital 'Green Lung' delivering up to 20% cleaner air and temperatures up to five degrees Celsius cooler than other areas of the city.
Prioritising wellness, Ghaf Woods promises residents 8km of walking trails, a 3.5km biking loop, resort-style pools, fitness facilities, family-friendly gardens, and a yoga pavilion.
On the dedicated tree nursery, Majid Al Futtaim said with Ghaf Woods set to become a model for sustainable forest living in Dubai, the nursery will be the cornerstone of this vision, where thousands of native and climate-resilient tree species will be grown and nurtured over the next 18 months.
Today, it is home to more than 10,000 trees with that figure set to increase to 20,000 and 105,000 shrubs by May 2026. It will eventually grow to house up to 30,000 trees, which will then be transported and replanted across Ghaf Woods.
Majid Al Futtaim has awarded a AED49 million nursery contract to Barari Natural Resources, part of Mawarid Holding Investment, to manage and oversee the trees care and cultivation.
The facility will be home to a diverse selection of climate-suitable species, including Acacias, Citrus, Ficus, Melia, Phoenix, Tecomella, Ziziphus, and the iconic Ghaf. All species have been procured from Egypt (Nile Delta), India, Thailand, and the UAE – including Fujairah, Sharjah, Ras Al Khaimah, and Abu Dhabi, it added.
Majid Al Futtaim Properties CEO Ahmed El Shamy said: "The concept of Ghaf Woods has been years in the making with a vision for sustainable living at the core. Since its unveiling one year ago, there's been a clear and growing demand from people who are looking for communities that foster a deeper connection with nature and the environment."
"Our investment in a purpose-built tree nursery, and the partnership with Innovo Build, Barari Natural Resources and Mawarid Holding Investment, is a vital step in bringing this vision to life," he added.
Innovo Build CEO Sameh Fam said: "We are proud to partner with Majid Al Futtaim to deliver the early phases of a development as visionary as Ghaf Woods – a project that reflects our shared commitment to innovation, sustainability and community-centric design."
"This project redefines traditional construction, and requires us to build in harmony with nature, not around it. Our team will approach this landmark development with the precision, care and focus on sustainability that cements us as a contractor of choice in UAE," he added.
Mawarid Holding Investment CEO Kashif Shamsi said: "This nursery is a critical foundation for the forest ecosystem at Ghaf Woods. Our focus is not only on scale but also on biodiversity, resilience, and ensuring every tree contributes meaningfully to the project's long-term environmental impact."
"As one of the largest plant nursery operators in the GCC, we are proud to collaborate on one of the region's most forward-looking developments, and excited to see the landscape grow from the ground up," he added.
Copyright 2024 Al Hilal Publishing and Marketing Group Provided by SyndiGate Media Inc. (Syndigate.info).
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Oman's SME authority calls bids for multipurpose centre in Madinat Sultan Qaboos
Oman's SME authority calls bids for multipurpose centre in Madinat Sultan Qaboos

Zawya

timean hour ago

  • Zawya

Oman's SME authority calls bids for multipurpose centre in Madinat Sultan Qaboos

Oman's Small and Medium Enterprises Development Authority (SME) has invited bids for the design, supervision and project management consultancy contract of the planned Oman Multipurpose Centre in Madinat Sultan Qaboos The project covers the construction of an interactive multipurpose building with a built-up area of 1,317 square metres (sqm) distributed over three floors. 'Bids are due by 31 August 2025, with the award expected in December 2025. The project is targeted for completion in the second quarter of 2027,' a source aware of the details told Zawya Projects. Pre-qualified bidders include Arabic House Engineering Consultancy (AHE), AMTAR Engineering Co., Adi Architecture, and Mada Engineering Consultancy. (Reporting by Deva Palanisamy; Editing by Anoop Menon) (

UAE's Fujairah marine fuel sales hit three-month high in July
UAE's Fujairah marine fuel sales hit three-month high in July

Khaleej Times

time3 hours ago

  • Khaleej Times

UAE's Fujairah marine fuel sales hit three-month high in July

Sales of marine bunker fuel at the UAE port of Fujairah rebounded in July after a slump in June to their highest in three months, Fujairah Oil Industry Zone data showed. July sales totalled 640,715 cubic metres (about 635,000 metric tonnes), up 13.8 per cent from June, based on FOIZ data published by SP Global Commodity Insights. The stronger volumes were led by a boost in high-sulphur marine fuel sales, which soared to their highest since January 2024, climbing 28.4 per cent from June to 205,597 cubic metres in July. A wider price difference between low-sulphur fuel oil and high-sulphur fuel oil likely drove more sales of the high-sulphur variety in July. The front-month hi-5 price spread, which reflects the premium of low-sulphur over high-sulphur fuel oil, hit a six-month high of over $95 a ton near mid-July, LSEG data showed. Meanwhile, low-sulphur marine fuel sales, including low-sulphur fuel oils and marine gasoils, rose 8.0 per cent to 435,118 cubic metres. The market share of high-sulphur bunkers widened to 32 per cent in July, while low-sulphur bunkers narrowed to 68 per cent.

Nakheel awards Dh2.6b contract to develop Bay Villas community at Dubai Islands
Nakheel awards Dh2.6b contract to develop Bay Villas community at Dubai Islands

Khaleej Times

time3 hours ago

  • Khaleej Times

Nakheel awards Dh2.6b contract to develop Bay Villas community at Dubai Islands

Nakheel, a member of Dubai Holding Real Estate, has awarded a contract worth Dh2.6 billion to Fibrex Contracting for the construction of the Bay Villas project at Dubai Islands. Featuring 636 luxury units across five distinct property types, Bay Villas represents Nakheel's newest waterfront community development. Building on Nakheel's existing relationship with Fibrex Contracting, which included collaborative work on the District One West community in Mohammed Bin Rashid Al Maktoum City (MBRAMC), Bay Villas will feature a range of exclusive residences, including Townhouses, Semi-detached Villas, Garden Villas, Waterfront Villas and Beachfront Villas. Residents will also enjoy access to premium amenities, including three pool houses, a beach club, landscaped parks and more. Khalid Al Malik, Chief Executive Officer of Dubai Holding Real Estate, said: 'Our partnership with Fibrex Contracting marks a key milestone for Bay Villas, a landmark project that underscores our commitment to shaping Dubai's future through elevated spaces that residents can proudly call home. This development delivers on our vision of designing waterfront communities that prioritise wellbeing, luxury and privacy, all while offering residents an opportunity to enjoy the best of island living.' Positioned at prime locations along a promenade with exclusive beach access, the three-storey Beachfront Villas will feature six bedrooms, a show kitchen, a spacious rooftop lounge and terrace, and a dedicated dining space. Developed on expansive plots, the Waterfront Villas will enjoy panoramic vistas, while the Garden Villas will offer a peaceful escape amidst verdant, natural surroundings. The Semi-detached Villas are designed to deliver a contemporary community experience, while the Townhouses will be set within four- to six-home complexes with private gardens. Overlooking the Arabian Gulf, the Bay Villas development utilises traditional design elements, such as wooden finishes and arabesque detailing, reflecting Dubai's heritage while maximising natural light. Residents will enjoy a premium resort lifestyle, with a central park, swimming pools, sports facilities, children's playgrounds and lush green corridors that connect directly to the waterfront, with parks for walking, jogging and relaxation. Sufyan S. Saleh, Group Managing Director, Fibrex Contracting, said: 'Fibrex Contracting is proud to work with Dubai Holding Real Estate, the region's most distinguished and visionary developer, known for their exceptional track record in delivering iconic projects. This time, we are honoured to extend our successful collaboration to the prestigious Bay Villas project at Dubai Islands. As one of the UAE's leading construction groups, we are committed to delivering this flagship development on time, while adhering to the highest industry standards. Through advanced construction technologies, specialised in-house capabilities and our trusted supply chain network, we are well-equipped to bring this waterfront community to life.' Developed in line with the Dubai 2040 Urban Master Plan, Dubai Islands is a premium destination that spans five islands across 18.6 square kilometres. It includes approximately 59 kilometres of exclusive waterfront, over 20 kilometres of beaches, and extensive open spaces, along with parks, golf courses, promenades and cycling paths. Situated near Downtown Dubai and Dubai International Airport, it is within easy reach of world-class hotels, retail, dining, and entertainment venues.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store