Nakheel, a leading entity under Dubai Holding Real Estate, has announced the awarding of contracts valued at over AED 5 billion for the construction of exclusive luxury villas on Palm Jebel Ali. This initiative is expected to transform the area into a premier waterfront destination, with completion targeted for late 2026.
The contracts have been awarded to Ginco General Contracting, Shapoorji Pallonji Mideast, and United Engineering Construction Company (UNEC), who will develop a total of 723 luxury villas across the first six fronds (K, L, M, N, O, and P) of Palm Jebel Ali. The project encompasses the construction of both Beach Collection and Coral Collection villas, as well as the establishment of vital infrastructure and lively public spaces within the fronds.
Residents can anticipate a selection of five- and six-bedroom villas, with 539 Beach Collection units and 184 seven-bedroom Coral Collection villas. Each villa will offer an impressive range of architectural designs, with eight unique styles available for both collections, and spacious living areas ranging from 8,000 to 15,000 square feet. The project will also integrate a network of roads, utilities, and lush landscaping, aligning with the Dubai 2040 Urban Master Plan.
Palm Jebel Ali aims to set a new benchmark for waterfront living, providing a wealth of lifestyle amenities that contribute significantly to Dubai’s future development.
His Highness Sheikh Mohammed bin Rashid Al Maktoum has championed the project, reinforcing its importance to the Dubai Economic Agenda D33 and signaling a new era of growth for the emirate.
Khalid Al Malik, Chief Executive Officer of Dubai Holding Real Estate, commented: “Palm Jebel Ali represents the pinnacle of waterfront living and reflects Dubai’s vision of growth and prosperity. It is set to contribute significantly to the emirate’s economic development, attracting investment and tourism for years to come. Partnering with Ginco General Contracting, Shapoorji Pallonji Mideast and UNEC on the prestigious Palm Jebel Ali project reflects our commitment to developing and delivering the highest standard of living experiences available in the market.”
Gheyath Mohammad Gheyath, Founder and Chairman of Ginco General Contracting LLC, stated: “We are proud to strengthen our partnership with Dubai Holding Real Estate and build on the mutual success we have achieved in numerous previous projects, with the recent award of Palm Jebel Ali – Fronds O and P. At the core of our values are professionalism, commitment and, most importantly, the power of strong partnerships. Ginco has always invested in the right collaborations, and our continued partnership with Dubai Holding Real Estate is a true testament to our strategic vision and ongoing journey of success.”
Batchu Sagar, Chief Executive Officer of Shapoorji Pallonji, remarked: “Being selected as a partner in building luxury villas at Palm Jebel Ali is an honour, giving us the opportunity to create a beachfront community that embodies luxury and tranquillity.
At Shapoorji Pallonji, we are dedicated to quality, safety and delivering a serene retreat with stunning waterfront views. We will work closely with Dubai Holding Real Estate to ensure timely completion and meet the highest expectations.”
Eng. Abdul Halim Muwahid, Chairman of UNEC, expressed: “We are deeply honoured to be part of the prestigious Palm Jebel Ali development, a project that symbolises innovation, growth and vision. Our collaboration with Dubai Holding Real Estate marks the beginning of what we believe will be a remarkable success. Together, we look forward to building tomorrow’s legacy and achieving great milestones in the process.”
The recent contracts follow earlier agreements for the initiation of infrastructure, public access roads, and marine works on Palm Jebel Ali. Ginco General Contracting will be responsible for 197 villas on Fronds O and P, while Shapoorji Pallonji Mideast will construct 275 villas on Fronds M and N, and UNEC will oversee the development of 251 villas across Fronds K and L.
The awarding of these contracts is crucial for advancing Palm Jebel Ali’s vision as a major residential and leisure hub, emphasizing modern urban planning. The project, which spans 13.4 kilometres and comprises seven islands, aims to align with the Dubai 2040 Urban Master Plan’s goal of expanding public beach access.
Once completed, Palm Jebel Ali will offer mixed-use, pedestrian-friendly neighborhoods with breathtaking views of the Arabian Gulf. The community will be enriched with recreational areas catering to various lifestyles and interests. Moreover, the development will integrate smart city technologies and sustainable practices, providing diverse mobility options for residents, visitors, and communities.
Nakheel’s projects are pivotal in realizing Dubai’s vision through their iconic portfolio of master communities and developments across residential, retail, hospitality, and leisure sectors.
For the video: Nakheel awards AED 5 billion in contracts for Palm Jebel Ali