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Nakheel awards Dh2.6b contract to develop Bay Villas community at Dubai Islands
Nakheel awards Dh2.6b contract to develop Bay Villas community at Dubai Islands

Khaleej Times

time9 hours ago

  • Business
  • Khaleej Times

Nakheel awards Dh2.6b contract to develop Bay Villas community at Dubai Islands

Nakheel, a member of Dubai Holding Real Estate, has awarded a contract worth Dh2.6 billion to Fibrex Contracting for the construction of the Bay Villas project at Dubai Islands. Featuring 636 luxury units across five distinct property types, Bay Villas represents Nakheel's newest waterfront community development. Building on Nakheel's existing relationship with Fibrex Contracting, which included collaborative work on the District One West community in Mohammed Bin Rashid Al Maktoum City (MBRAMC), Bay Villas will feature a range of exclusive residences, including Townhouses, Semi-detached Villas, Garden Villas, Waterfront Villas and Beachfront Villas. Residents will also enjoy access to premium amenities, including three pool houses, a beach club, landscaped parks and more. Khalid Al Malik, Chief Executive Officer of Dubai Holding Real Estate, said: 'Our partnership with Fibrex Contracting marks a key milestone for Bay Villas, a landmark project that underscores our commitment to shaping Dubai's future through elevated spaces that residents can proudly call home. This development delivers on our vision of designing waterfront communities that prioritise wellbeing, luxury and privacy, all while offering residents an opportunity to enjoy the best of island living.' Positioned at prime locations along a promenade with exclusive beach access, the three-storey Beachfront Villas will feature six bedrooms, a show kitchen, a spacious rooftop lounge and terrace, and a dedicated dining space. Developed on expansive plots, the Waterfront Villas will enjoy panoramic vistas, while the Garden Villas will offer a peaceful escape amidst verdant, natural surroundings. The Semi-detached Villas are designed to deliver a contemporary community experience, while the Townhouses will be set within four- to six-home complexes with private gardens. Overlooking the Arabian Gulf, the Bay Villas development utilises traditional design elements, such as wooden finishes and arabesque detailing, reflecting Dubai's heritage while maximising natural light. Residents will enjoy a premium resort lifestyle, with a central park, swimming pools, sports facilities, children's playgrounds and lush green corridors that connect directly to the waterfront, with parks for walking, jogging and relaxation. Sufyan S. Saleh, Group Managing Director, Fibrex Contracting, said: 'Fibrex Contracting is proud to work with Dubai Holding Real Estate, the region's most distinguished and visionary developer, known for their exceptional track record in delivering iconic projects. This time, we are honoured to extend our successful collaboration to the prestigious Bay Villas project at Dubai Islands. As one of the UAE's leading construction groups, we are committed to delivering this flagship development on time, while adhering to the highest industry standards. Through advanced construction technologies, specialised in-house capabilities and our trusted supply chain network, we are well-equipped to bring this waterfront community to life.' Developed in line with the Dubai 2040 Urban Master Plan, Dubai Islands is a premium destination that spans five islands across 18.6 square kilometres. It includes approximately 59 kilometres of exclusive waterfront, over 20 kilometres of beaches, and extensive open spaces, along with parks, golf courses, promenades and cycling paths. Situated near Downtown Dubai and Dubai International Airport, it is within easy reach of world-class hotels, retail, dining, and entertainment venues.

Dubai's Nakheel awards $708mln contract for Bay Villas project
Dubai's Nakheel awards $708mln contract for Bay Villas project

Zawya

time14 hours ago

  • Business
  • Zawya

Dubai's Nakheel awards $708mln contract for Bay Villas project

Dubai-based developer Nakheel has awarded a contract worth 2.6 billion UAE dirhams ($707.96 million) to Fibrex Contracting for the construction of the Bay Villas project at the Dubai Islands. The waterfront community houses 636 luxury dwellings across five distinct property types, the developer said in a statement. The Bay Villas project will include townhouses, as well as semi-detached, garden, waterfront and beachfront villas. In August 2022, Nakheel unveiled the new master plan for the Dubai Islands (formerly known as Deira Islands), aimed at reshaping waterfront concepts and lifestyles. Dubai Islands master development spans five islands across 18.6 sq km. It includes approximately 59 km of waterfront, over 20 km of beaches, along with parks, golf courses, promenades and cycling paths. It aligns with the Dubai 2040 Urban Master Plan. Nakheel is a part of Dubai Holding's real estate arm, Dubai Holding Real Estate. (Writing by P Deol; Editing by Anoop Menon) (

Nakheel awards new AED 2.6bln contract to develop Bay Villas community at Dubai Islands
Nakheel awards new AED 2.6bln contract to develop Bay Villas community at Dubai Islands

Zawya

time14 hours ago

  • Business
  • Zawya

Nakheel awards new AED 2.6bln contract to develop Bay Villas community at Dubai Islands

Dubai, UAE: Nakheel, a member of Dubai Holding Real Estate, has awarded a contract worth AED 2.6 billion to Fibrex Contracting L.L.C. for the construction of the Bay Villas project at Dubai Islands. Featuring 636 luxury units across five distinct property types, Bay Villas represents Nakheel's newest waterfront community development. Building on Nakheel's existing relationship with Fibrex Contracting, which included collaborative work on the District One West community in Mohammed Bin Rashid Al Maktoum City (MBRAMC), Bay Villas will feature a range of exclusive residences, including Townhouses, Semi-detached Villas, Garden Villas, Waterfront Villas and Beachfront Villas. Residents will also enjoy access to premium amenities, including three pool houses, a beach club, landscaped parks and more. Khalid Al Malik, Chief Executive Officer of Dubai Holding Real Estate, said: "Our partnership with Fibrex Contracting marks a key milestone for Bay Villas, a landmark project that underscores our commitment to shaping Dubai's future through elevated spaces that residents can proudly call home. This development delivers on our vision of designing waterfront communities that prioritise wellbeing, luxury and privacy, all while offering residents an opportunity to enjoy the best of island living.' Positioned at prime locations along a promenade with exclusive beach access, the three-storey Beachfront Villas will feature six bedrooms, a show kitchen, a spacious rooftop lounge and terrace, and a dedicated dining space. Developed on expansive plots, the Waterfront Villas will enjoy panoramic vistas, while the Garden Villas will offer a peaceful escape amidst verdant, natural surroundings. The Semi-detached Villas are designed to deliver a contemporary community experience, while the Townhouses will be set within four- to six-home complexes with private gardens. Overlooking the Arabian Gulf, the Bay Villas development utilises traditional design elements, such as wooden finishes and arabesque detailing, reflecting Dubai's heritage while maximising natural light. Residents will enjoy a premium resort lifestyle, with a central park, swimming pools, sports facilities, children's playgrounds and lush green corridors that connect directly to the waterfront, with parks for walking, jogging and relaxation. Sufyan S. Saleh, Group Managing Director, Fibrex Contracting, said: 'Fibrex Contracting is proud to work with Dubai Holding Real Estate, the region's most distinguished and visionary developer, known for their exceptional track record in delivering iconic projects. This time, we are honoured to extend our successful collaboration to the prestigious Bay Villas project at Dubai Islands. As one of the UAE's leading construction groups, we are committed to delivering this flagship development on time, while adhering to the highest industry standards. Through advanced construction technologies, specialised in-house capabilities and our trusted supply chain network, we are well-equipped to bring this waterfront community to life.' Developed in line with the Dubai 2040 Urban Master Plan, Dubai Islands is a premium destination that spans five islands across 18.6 square kilometres. It includes approximately 59 kilometres of exclusive waterfront, over 20 kilometres of beaches, and extensive open spaces, along with parks, golf courses, promenades and cycling paths. Situated near Downtown Dubai and Dubai International Airport, it is within easy reach of world-class hotels, retail, dining, and entertainment venues. For the video: Media Enquiries Burson dubaiholding@ 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 whose 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.

Nakheel awards AED2.6 billion contract for Bay Villas project in Dubai
Nakheel awards AED2.6 billion contract for Bay Villas project in Dubai

Emirates 24/7

time17 hours ago

  • Business
  • Emirates 24/7

Nakheel awards AED2.6 billion contract for Bay Villas project in Dubai

Nakheel, a member of Dubai Holding Real Estate, has awarded a contract worth AED2.6 billion to Fibrex Contracting for the construction of the Bay Villas project at the Dubai Islands. Featuring 636 luxury units across five distinct property types, Bay Villas represents Nakheel's newest waterfront community development. This partnership builds on Nakheel's existing relationship with Fibrex Contracting, which included collaborative work on the District One West community in Mohammed Bin Rashid Al Maktoum City (MBRAMC). Khalid Al Malik, Chief Executive Officer of Dubai Holding Real Estate, said, "Our partnership with Fibrex Contracting marks a key milestone for Bay Villas, a landmark project that underscores our commitment to shaping Dubai's future through elevated spaces that residents can proudly call home. This development delivers on our vision of designing waterfront communities that prioritise wellbeing, luxury and privacy, all while offering residents an opportunity to enjoy the best of island living.' Sufyan S. Saleh, Group Managing Director at Fibrex Contracting, said, 'We are committed to delivering this flagship development on time, while adhering to the highest industry standards. Through advanced construction technologies, specialised in-house capabilities and our trusted supply chain network, we are well-equipped to bring this waterfront community to life.' Follow Emirates 24|7 on Google News.

Nakheel awards Dhs2.6bn Bay Villas contract to Fibrex Contracting
Nakheel awards Dhs2.6bn Bay Villas contract to Fibrex Contracting

Gulf Business

time18 hours ago

  • Business
  • Gulf Business

Nakheel awards Dhs2.6bn Bay Villas contract to Fibrex Contracting

Bay Villas in Dubai render/Image: Supplied Nakheel, a member of Dubai Holding Real Estate, has awarded a contract worth Dhs2.6bn to Fibrex Contracting for the construction of Bay Villas at Dubai Islands. The waterfront community will feature 636 luxury residences across five distinct property types, marking one of Nakheel's most ambitious residential projects to date. The development builds on Nakheel's established partnership with Fibrex Contracting, following their collaboration on the District One West community in Mohammed Bin Rashid Al Maktoum City (MBRAMC). Bay Villas will introduce a variety of premium homes, including Townhouses, Semi-detached Villas, Garden Villas, Waterfront Villas, and Beachfront Villas, complemented by lifestyle amenities such as three pool houses, a beach club, landscaped parks, and leisure facilities. Khalid Al Malik, chief executive officer of Dubai Holding Real Estate, said: 'Our partnership with Fibrex Contracting marks a key milestone for Bay Villas, a landmark project that underscores our commitment to shaping Dubai's future through elevated spaces that residents can proudly call home. This development delivers on our vision of designing waterfront communities that prioritise wellbeing, luxury and privacy, all while offering residents an opportunity to enjoy the best of island living.' Strategically located along a prime promenade with direct beach access, the Beachfront Villas will offer three-storey residences with six bedrooms, a show kitchen, a rooftop lounge and terrace, and a dedicated dining space. Waterfront Villas will provide expansive plots with panoramic views, while Garden Villas will be surrounded by greenery to create a tranquil retreat. Semi-detached Villas are designed for a modern community lifestyle, and Townhouses will be arranged in four- to six-home clusters with private gardens. Read: Drawing inspiration from Dubai's cultural heritage, Bay Villas incorporates traditional design touches, such as wooden finishes and arabesque detailing, while maximizing natural light and open living spaces. Residents will also benefit from a resort-inspired lifestyle, complete with a central park, swimming pools, sports courts, children's play areas, and green corridors linking directly to the waterfront. Sufyan S. Saleh, group managing director, Fibrex Contracting, said: 'Fibrex Contracting is proud to work with Dubai Holding Real Estate, the region's most distinguished and visionary developer, known for their exceptional track record in delivering iconic projects. This time, we are honoured to extend our successful collaboration to the prestigious Bay Villas project at Dubai Islands. As one of the UAE's leading construction groups, we are committed to delivering this flagship development on time, while adhering to the highest industry standards. Through advanced construction technologies, specialised in-house capabilities and our trusted supply chain network, we are well-equipped to bring this waterfront community to life.' Bay Villas at Dubai Islands signing ceremony Developed in line with the Dubai 2040 Urban Master Plan, Dubai Islands spans 18.6 square kilometres across five islands. The master development offers 59 kilometres of waterfront, over 20 kilometres of beaches, and expansive open spaces, along with parks, promenades, golf courses, and cycling routes. Located close to Downtown Dubai and Dubai International Airport, it is positioned as a prime destination for world-class hospitality, retail, dining, and entertainment.

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