Latest news with #Meraas
Zawya
5 days ago
- Business
- Zawya
Meraas awards over AED300mln construction contract for phase 7 of Madinat Jumeirah Living Elara
Dubai, UAE: Meraas, a member of Dubai Holding Real Estate, has awarded a construction contract worth over AED 300 million to Al Sahel Contracting Company for Elara, Phase 7 of the Madinat Jumeirah Living master plan. 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. The announcement marks a milestone in the construction of this prime residential development, which is poised to redefine the city's urban landscape. The latest phase in Madinat Jumeirah Living's Urban Edition, Madinat Jumeirah Living Elara, scheduled for completion in Q4 2026, features three residential towers offering 234 apartments, ranging from 1-, 2- and 3-bedroom residences to 4-bedroom penthouses, all of which embrace a contemporary design philosophy. 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 development is located near Souk Madinat Jumeirah and Jumeirah Beach, offering breathtaking views of the iconic Jumeirah Burj Al Arab and in close proximity to the city's key attractions. Khalid Al Malik, Chief Executive Officer of Dubai Holding Real Estate, 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." Engineer Moustafa Hassan, General Manager, Al Sahel Contracting Company, stated: "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.' 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. Sleek, modern and contemporary, with its exquisitely designed interiors and open spaces immersed in nature, Madinat Jumeirah Living Elara is part of a welcoming neighbourhood that offers easy access to major shopping malls, public transportation links and schools. About Dubai Holding Real Estate Dubai Holding Real Estate is a member of Dubai Holding and is one of the largest integrated master developers in Dubai, offering a diverse range of residential communities as well as a robust land sales portfolio across unique and highly sought-after locations. Combining the long-standing experience and expertise of Meraas, Nakheel, Meydan and Dubai Properties, the portfolio offers innovative residential real estate solutions across property development, project and facilities management. Each development is built to sell, offering a unique opportunity to be a part of Dubai's vibrant future. Residents living in its developments can enjoy unique and attractive lifestyle opportunities to meet the evolving needs. Meraas plays a key role in the development of communities that stimulate creative urban culture and represent some of Dubai's most sought-after locations. Residential communities of Meraas include the prestigious Bvlgari Residences, Bluewaters Residences, Nikki Beach Residences, City Walk Residences, Central Park at City Walk, Cherrywoods, Port de La Mer and Villa Amalfi. Nakheel's landmark projects form an impressive portfolio of master communities that are pivotal to realising Dubai's vision. Nakheel's master developments include Palm Jebel Ali, Dubai Islands and the iconic Palm Jumeirah, spanning 15,000 hectares and accommodating nearly 740,000 people. Meydan is the visionary concept of His Highness Sheikh Mohammed Bin Rashid Al Maktoum, UAE Vice President, Prime Minister and Ruler of Dubai. Its portfolio includes Mohammed Bin Rashid City, District One and the Canal Front Residences. Dubai Properties is responsible for some of the most iconic property developments and destinations across Dubai, including Business Bay and Jumeirah Beach Residence (JBR) – the first single-phase, 40-tower residential development in the world. Its residential communities in Dubailand include The Villa, Al Waha, Serena, Villanova, Mudon and Remraam, while projects around the Dubai Creek within Jaddaf Waterfront include Dubai Wharf and Manazel Al Khor.
Trade Arabia
5 days ago
- Business
- Trade Arabia
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.
Zawya
5 days ago
- Business
- Zawya
Dubai's Meraas awards main contract worth $82mln for Elara Phase 7
Meraas, a part of Dubai Holding Real Estate, has awarded the main construction contract for Elara, Phase 7 of the Madinat Jumeirah Living master plan in Dubai The contract, worth over 300 million UAE dirhams ($82 million), was awarded to Al Sahel Contracting Company. The contractor had previously delivered first four phases of the project, and is currently developing the fifth phase of the project, now in its final stages of completion. Phase 7 features three residential towers offering 234 apartments and is scheduled for completion in the fourth quarter of 2026. Last week, the developer had awarded a contract worth over AED 690 million to Bhatia General Contracting Company for Phase 4 of Nad Al Sheba Gardens. (Writing by Deva Palanisamy; Editing by Anoop Menon) (
Zawya
21-05-2025
- Business
- Zawya
Dubai's Meraas awards $188mln construction contract for Nad Al Sheba Gardens
Meraas, a member of Dubai Holding Real Estate, has awarded a construction contract worth over 690 million UAE dirhams ($188 million) to local firm Bhatia General Contracting Co. for the fourth phase of Nad Al Sheba Gardens villa community in Dubai. The 188-unit project, which includes 92 townhouses, 96 villas and two pool houses, is slated to be handed over in the first quarter of 2027, the developer disclosed in a press statement. (Writing by Majda Muhsen; 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.
Trade Arabia
21-05-2025
- Business
- Trade Arabia
Meraas awards contract for key phase of Nad Al Sheba Gardens
Meraas, a member of Dubai Holding Real Estate, has awarded contract worth over AED690 million ($187 million) to Bhatia General Contracting Company for the construction of Phase IV of its premium gated community, Nad Al Sheba Gardens, in Dubai. The latest phase of the premium development, located in one of Dubai's most coveted locations, is slated to be handed over in Q1 2027. Strategically positioned within close proximity to Downtown Dubai, the luxurious community offers seamless access to Business Bay, Burj Khalifa, Meydan racetrack and other premium leisure and lifestyle destinations. The fourth phase of Nad Al Sheba Gardens features expansive four-, five- and six-bedroom villas, along with distinguished three-bedroom townhouses, nestled in lush surroundings and complemented by distinctive amenities. These include a resort-style pool, a planned amphitheatre for events, running tracks and a yoga lawn. Adding to the vibrant lifestyle offering, Nad Al Sheba Gardens Mall brings a dynamic retail and dining experience to the heart of the community. With meticulously landscaped grounds and elegant pathways, Nad Al Sheba Gardens offers residents a self-contained community that evolves harmoniously with their needs while delivering an exceptional living experience. The scope of contract work for phase four includes construction, testing, commissioning and handover of 188 units - comprising 92 townhouses and 96 villas, along with two pool houses. Awarding the contract, CEO Khalid Al Malik said: "Nad Al Sheba Gardens represents our continued commitment to develop distinctive residential communities that elevate Dubai's real estate landscape. This thoughtfully designed gated community delivers an exceptional living experience that sets it apart in the market, carefully balancing tranquil surroundings with seamless access to urban amenities." According to him, Nad Al Sheba Gardens draws inspiration from comfort, nature and community, with a distinct architectural design that marks it apart from the rest of Dubai's residential communities. The development is strategically designed to provide a lifestyle which offers privacy and seclusion, while being within easy reach of the best of Dubai's city life. "Our collaboration with Bhatia General Contracting Co. for this important phase reflects our commitment to partnering with entities that share our dedication to excellence. We are confident this development will further enhance Dubai's position as a global real estate destination of choice," he stated. Engineer Moath Milhem, General Manager, Bhatia General Contracting Co, said: "We are honoured to bring our expertise, dedication and innovation to Meraas's latest phase of Nad Al Sheba Gardens." Bhatia General Contracting has extensive experience in construction projects in Dubai, dating back to 1971 and has been entrusted with the delivery of key projects across Dubai Holding Real Estate's portfolio, including the prestigious District One in Mohammed Bin Rashid Al Maktoum City.
