Tuesday, August 27, 2024 Nakheel, a key player in Dubai Holding’s real estate division, Dubai Holding Real Estate, has awarded a significant AED 810 million contract to Jan De Nul Dredging LTD for marine works on the Palm Jebel Ali project. This ambitious contract includes crucial activities such as dredging, land reclamation, beach profiling, and sand placement, all of which are integral to the construction of villas across the development’s iconic fronds. The marine works are expected to be completed within just over two years, with the first eight fronds becoming site-ready by Q1 2025, allowing for the commencement of villa infrastructure and civil works.
This contract follows Nakheel’s recent awarding of two major infrastructure projects, signaling the beginning of work on a new public access road and enhancements to the roadway and lighting systems from the mainland to Palm Jebel Ali. These developments are key components of the larger Palm Jebel Ali project, which was unveiled by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai. The project is poised to offer a luxurious lifestyle with an extensive range of amenities, catering to residents, families, and visitors alike.
A New Growth Corridor in Jebel Ali Palm Jebel Ali is set to become a cornerstone of the Dubai Economic Agenda D33, marking the start of a new growth corridor in the Jebel Ali area. This project underscores the ongoing expansion of D.