Latest news with #NarescoContracting
ME Construction
20-06-2025
- Business
- ME Construction
Meraas awards construction contract to Naresco Contracting
Construction Meraas awards construction contract to Naresco Contracting By This latest addition to City Walk is anticipated to be completed in Q3 2027, the developer said Meraas has awarded a construction contract worth US $122.5mn to Naresco Contracting for the primary construction work of its Central Park Plaza residential development. This latest addition to City Walk is anticipated to be completed in Q3 2027, the developer said. Nestled in green landscapes, the project features two towers, each designed to elevate luxurious urban living within a park-like lifestyle community. Tower A stands at 23 floors, while Tower B boasts 20 floors. Together, they offer a total of 212 crafted one-, two-, three-, and four-bedroom apartments. Additionally, four-bedroom townhouses and exclusive penthouses cater to diverse upscale lifestyles, the statement from the developer highlighted. Central Park Plaza, the final addition to Central Park at City Walk, represents the pinnacle of apartment offerings. It provides an opportunity to reconnect with nature while enjoying an unparalleled array of active lifestyle facilities, all conveniently located within easy reach. Central Park Plaza at City Walk merges the vibrant energy of city living with the tranquility of nature, providing residents with an opportunity to experience both. Situated amidst the backdrop of the Dubai skyline, this development harmonises a fast-paced inner-city lifestyle with natural serenity, it added. Khalid Al Malik, Chief Executive Officer of Dubai Holding Real Estate said, 'Central Park Plaza at City Walk is poised to provide a new level of urban community lifestyle right in the heart of Dubai, embodying our commitment to develop refined destinations that prioritise community living and well-being. We are delighted to partner with Naresco Contracting on this project and have confidence in their ability to deliver an exceptional residential development that aligns with our vision of creating unparalleled living experiences in Dubai.' Omar Abdulla Al Arif, General Manager of Naresco Contracting added, 'We are excited to be part of City Walk's expansion, which aims to solidify the destination's status as the city's most distinguished address for urban living within nature. This partnership with Dubai Holding Real Estate is a significant milestone for us as it marks our first collaboration with one of the largest integrated master developers in Dubai. This proud moment reflects our decades of growth, and we look forward to a long-term partnership to continue contributing to Dubai's prominence on the global stage.' Residents can enjoy a wide range of amenities right at their doorstep, enabling them to engage in an active lifestyle. These amenities include swimming pools and water play areas, a dedicated children's play area, a running track, a dog park, multi-purpose games and sports lawns, tennis and squash courts, a half-court basketball court, a skate-able landscape, games tables, an outdoor gym and fitness station, a spa and sauna, yoga and meditation areas, dining outlets and retail stores, function rooms, a nursery, and an events area, the statement concluded.
Dubai Eye
19-06-2025
- Business
- Dubai Eye
Meraas awards AED 450 million construction contract for Central Park Plaza
Meraas, part of Dubai Holding Real Estate, has awarded a construction contract worth over AED 450 million to Naresco Contracting for Central Park Plaza, a high-end residential development at City Walk. Scheduled for handover in the third quarter of 2027, the project will feature two residential towers — one with 23 floors and the other with 20 — housing a total of 212 apartments designed for modern urban living. Khalid Al Malik, CEO of Dubai Holding Real Estate, says Central Park Plaza reflects their vision of building premium communities that focus on well-being, connectivity and quality of life right in the heart of the city. The project is the latest addition to the Central Park master development and reinforces City Walk's growing reputation as a destination for upscale living with a strong sense of community. Meraas, a member of Dubai Holding Real Estate, awards a construction contract worth more than AED 450 million to Naresco Contracting LLC for the main construction works of a high-end residential development called Central Park Plaza. This latest addition to City Walk, Dubai's… — Dubai Media Office (@DXBMediaOffice) June 18, 2025
ARN News Center
19-06-2025
- Business
- ARN News Center
Meraas awards AED 450 million construction contract for Central Park Plaza
Meraas, part of Dubai Holding Real Estate, has awarded a construction contract worth over AED 450 million to Naresco Contracting for Central Park Plaza, a high-end residential development at City Walk. Scheduled for handover in the third quarter of 2027, the project will feature two residential towers — one with 23 floors and the other with 20 — housing a total of 212 apartments designed for modern urban living. Khalid Al Malik, CEO of Dubai Holding Real Estate, says Central Park Plaza reflects their vision of building premium communities that focus on well-being, connectivity and quality of life right in the heart of the city. The project is the latest addition to the Central Park master development and reinforces City Walk's growing reputation as a destination for upscale living with a strong sense of community. — Dubai Media Office (@DXBMediaOffice) June 18, 2025
Arabian Business
18-06-2025
- Business
- Arabian Business
Dubai real estate: Meraas awards $123m construction contract for Central Park Plaza
Dubai's Meraas has awarded a contract worth more than AED450m ($123m) to Naresco Contracting for construction works on the Central Park Plaza residential development. This latest addition to City Walk is slated to be handed over in Q3 2027. The project includes residential complex towers A and B, with 23 and 20 floors respectively, comprising 212 apartments. Central Park Plaza in Dubai Khalid Al Malik, CEO of Dubai Holding Real Estate, said: 'Central Park Plaza at City Walk is an ideal destination offering a new level of modern lifestyle in the heart of Dubai. This embodies our commitment to developing upscale destinations that prioritize community life and well-being.'
Zawya
18-06-2025
- Business
- Zawya
Meraas awards $122.5mln contract for Central Park Plaza construction
Meraas, a member of Dubai Holding Real Estate, has awarded a construction contract worth more than AED450 million to Naresco Contracting LLC for the main construction works of a high-end residential development called Central Park Plaza. This latest addition to City Walk, Dubai's prominent lifestyle destination, is slated to be handed over in Q3 2027. The project includes residential complex towers A and B, with 23 and 20 floors respectively, comprising 212 apartments. Khalid Al Malik, Chief Executive Officer of Dubai Holding Real Estate, said, 'Central Park Plaza at City Walk is an ideal destination offering a new level of modern lifestyle in the heart of Dubai. This embodies our commitment to developing upscale destinations that prioritize community life and well-being.'
