Latest news with #NarescoContractingLLC
Hi Dubai
18-06-2025
- Business
- Hi Dubai
Meraas Awards AED450 Million Contract to Naresco for Central Park Plaza Project
Meraas, part of Dubai Holding Real Estate, has awarded a construction contract exceeding AED450 million to Naresco Contracting LLC for the development of Central Park Plaza, a premium residential project at City Walk. Set for completion in the third quarter of 2027, Central Park Plaza will feature two towers—Tower A with 23 floors and Tower B with 20—housing a total of 212 upscale apartments. The development is positioned as a key addition to City Walk, one of Dubai's leading lifestyle destinations. The project underscores Meraas' strategy to elevate urban living through thoughtfully designed communities. 'Central Park Plaza at City Walk is an ideal destination offering a new level of modern lifestyle in the heart of Dubai,' said Khalid Al Malik, CEO of Dubai Holding Real Estate. 'This embodies our commitment to developing upscale destinations that prioritize community life and well-being.' The contract signals continued momentum in Dubai's luxury real estate sector, as developers focus on integrated living spaces that combine premium amenities with central locations. News Source: Emirates News Agency
Al Etihad
18-06-2025
- Business
- Al Etihad
Meraas awards Dh450 million contract for Central Park Plaza construction
18 June 2025 15:35 DUBAI (WAM) Meraas, a member of Dubai Holding Real Estate, has awarded a construction contract worth more than Dh450 million to Naresco Contracting LLC for the main construction works of a high-end residential development called Central Park latest addition to City Walk, Dubai's prominent lifestyle destination, is slated to be handed over in Q3 project includes residential complex towers A and B, with 23 and 20 floors respectively, comprising 212 Executive Officer of Dubai Holding Real Estate, Khalid Al Malik, 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 prioritise community life and well-being.'
