Latest news with #ArabianConstructionCompany
Zawya
07-05-2025
- Business
- Zawya
Dubai-based developer Omniyat appoints contractors for Marasi Bay residential luxury projects
Dubai-based developer Omniyat has awarded the main construction contract for its VELA and VELA Viento luxury residential projects in Marasi Bay to Arabian Construction Company (ACC). Main works on both projects are now in full swing, with site mobilisation and early construction milestones completed, the developer said in a statement. VELA will be handed over in the second quarter of 2027, followed by VELA Viento in the third quarter of the same year. Core structural work is advancing steadily at VELA, nearly 50 percent of the raft reinforcement complete, while MEP and façade contractors are mobilised on-site, the statement said. The contract and project values weren't disclosed. The projects have been designed in collaboration with UK-based architectural firm Foster + Partners and the Parisian design duo Gilles & Boissier. (Writing by P Deol; Editing by Anoop Menon) ( Subscribe to our Projects' PULSE newsletter that brings you trustworthy news, updates and insights on project activities, developments, and partnerships across sectors in the Middle East and Africa.
ME Construction
13-03-2025
- Business
- ME Construction
Meraas awards $540mn construction contract for Design Quarter at d3
Industry News Meraas awards $540mn construction contract for Design Quarter at d3 By d3 is home to creative brands, designers, studios and entrepreneurs a blend of high-end fashion stores, art galleries, design and creative institutes as well as a diverse culinary scene Meraas awarded a contract worth US $540mn to Arabian Construction Company for the construction of the Design Quarter at the Dubai Design District (d3), which includes the first residential community. Scheduled for completion by mid-2027, Design Quarter will create a creative living environment in d3's masterplan. Residents will enjoy views of the Dubai Canal and Downtown skyline, providing an unparalleled backdrop. To ensure a car-free and pedestrian-friendly environment, car parking will be provided for the residential area through controlled access podium levels, said a statement from Meraas. Unveiled earlier, Design Quarter comprises a collection of 558 designed one-, two- and three-bedroom apartments. These are spread across three buildings, one low rise and two skyscrapers, within a landscaped podium. This elevated podium serves as a communal area, linking the residential towers to form a social hub for the residents. This will include co-working spaces, an indoor-outdoor gym, pool facilities, barbecue areas and fun-filled zones for children's activities. Khalid Al Malik, Chief Executive Officer of Dubai Holding Real Estate said, 'We are delighted to partner with Arabian Construction Company on this inaugural residential venture. This project not only encapsulates the spirit of artistic living but also contributes significantly to the long-term economic growth of the city in line with Dubai Economic Agenda D33 and the 2040 Urban Master Plan. The construction of Design Quarter at d3, is a testament to our commitment to fostering creativity and innovation as crucial drivers for sustainable economic progress.' Hamed Mikati, Chief Operation Officer, Arabian Construction Company LLC added, 'We are thrilled to contribute to this extraordinary development, a project that aligns with the exciting future of Dubai. Our collaboration with Meraas goes beyond construction, it's about fostering an ecosystem that nurtures creativity and innovation and contributes to Dubai's transformation into a dynamic, creative metropolis.'
ARN News Center
12-03-2025
- Business
- ARN News Center
Meraas awards over AED 2 billion construction contract for Design Quarter
Meraas, part of Dubai Holding Real Estate, has awarded a contract worth over AED 2 billion to Arabian Construction Company for the development of the Design Quarter at Dubai Design District (d3). The project includes the first residential community within d3, a global creative and design ecosystem. Set for completion by mid-2027, the project will feature 558 apartments across three buildings, including one low-rise and two high-rise towers, nestled within a landscaped podium. The podium, linking the residential towers, will serve as a social hub, offering co-working spaces, an indoor-outdoor gym, pool facilities, barbecue areas, and children's play zones, creating a vibrant community.
Dubai Eye
11-03-2025
- Business
- Dubai Eye
Meraas awards over AED 2 billion construction contract for Design Quarter
Meraas, part of Dubai Holding Real Estate, has awarded a contract worth over AED 2 billion to Arabian Construction Company for the development of the Design Quarter at Dubai Design District (d3). The project includes the first residential community within d3, a global creative and design ecosystem. Set for completion by mid-2027, the project will feature 558 apartments across three buildings, including one low-rise and two high-rise towers, nestled within a landscaped podium. The podium, linking the residential towers, will serve as a social hub, offering co-working spaces, an indoor-outdoor gym, pool facilities, barbecue areas, and children's play zones, creating a vibrant community.
Trade Arabia
11-03-2025
- Business
- Trade Arabia
Meraas awards $544m contract for Dubai Design District project
Meraas, a member of Dubai Holding Real Estate, has announced that it has awarded a contract worth more than AED2 billion ($544 million) to Arabian Construction Company for development of its prime project Design Quarter at d3 in Dubai. A major project, Design Quarter at d3, includes the first residential community within the Dubai Design District (d3), a global creative and design ecosystem. Scheduled for completion by mid-2027, the Design Quarter at d3 comprises a collection of 558 apartments spread across three buildings – one low-rise and two towering skyscrapers – nestled within a landscaped podium. This elevated podium serves as a communal area, linking the residential towers to form a social hub for the residents, said the developer. This will include co-working spaces, an indoor-outdoor gym, pool facilities, barbecue areas and fun-filled zones for children's activities, it added.- TradeArabia News Service
