Meraas awards contract for key phase of Madinat Jumeirah Living
Meraas, a member of Dubai Holding Real Estate, has awarded a construction contract worth over AED300 million ($81.6 million) to Al Sahel Contracting Company for Elara, the Phase 7 of the Madinat Jumeirah Living master plan.
The latest phase in Madinat Jumeirah Living's Urban Edition, Elara, scheduled for completion in Q4 2026, features three residential towers offering 234 apartments, ranging from one-, two- and three-bedroom residences to four-bedroom penthouses, all of which embrace a contemporary design philosophy, said Meraas in a statement.
The renewed contract follows the successful completion and handover of the first four phases of the landmark project, nestled in Dubai's most prestigious freehold neighbourhood.
Al Sahel is currently developing the fifth phase of the project, now in its final stages of completion, it stated.
Strategically located near Souk Madinat Jumeirah and Jumeirah Beach, the development offers breathtaking views of the iconic Jumeirah Burj Al Arab.
Set amidst lush green promenades and surrounded by pristine beaches, Madinat Jumeirah Living Elara is situated in one of the most desirable locations in the community, with easy access to modern amenities including fitness centres, play areas, swimming pools and a sports park.
The announcement marks a milestone in the construction of this prime residential development, which is poised to redefine the city's urban landscape.
Dubai Holding Real Estate CEO Khalid Al Malik said: "Madinat Jumeirah Living provides a unique blend of contemporary elegance and traditional tastes, setting a new standard for luxury living in one of Dubai's carefully curated neighbourhoods."
"We are confident that Al Sahel Contracting Company, having demonstrated their commitment to quality and timely delivery, will successfully bring our vision of Madinat Jumeirah Living Elara to life. Through this development, we continue our legacy of crafting exceptional spaces that enhance and enrich our residents' daily experiences," he added.
Engineer Moustafa Hassan, General Manager, Al Sahel Contracting Company, said: "We are proud to renew our partnership with Dubai Holding Real Estate for the latest phase of Meraas' prestigious Madinat Jumeirah Living project. This extended collaboration underscores our commitment to constructing world-class residences that are set to revitalise Dubai's urban cityscape."
"Madinat Jumeirah Living Elara offers us an opportunity to craft immersive living spaces that balance functionality with aesthetics, and we look forward to setting new benchmarks in excellence," he added.
Featuring seafront views and stunning architecture, Madinat Jumeirah Living combines modern comfort with traditional elegance, offering residents elevated community living with the iconic Jumeirah Burj Al Arab as a backdrop.
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