Jubail Island Investment Company (JIIC) has awarded the construction contract for the Jubail Town Centre in Souk Al Jubail, the commercial and retail hub of Jubail Island.
The contract, estimated at nearly AED 400 million ($109 million), has been awarded to Bright Accord General Contracting Company and comprises four office buildings and two residential buildings, Jubail Terraces buildings 7 and 8.
Strategically positioned at the heart of Jubail Island within Souk Al Jubail village, Jubail Town Centre is a family-friendly lifestyle destination offering a modern, vibrant environment that seamlessly blends well-being, connectivity, leisure, retail, and commercial services.
Abdulla Saeed Al Shamsi Corporate Director – JIIC
“JIIC is committed to delivering high-quality developments that enhance the lives of residents and visitors to Jubail Island. Jubail Town Centre is a testament to our vision of creating a dynamic community that harmonizes with the natural beauty of Jubail Island.”
The groundbreaking for Jubail Town Centre is expected to start in Q3 2024, with a completion target of Q3 2026. The Town Centre will feature outdoor spaces and parks, a mosque, a specialized medical clinic, a nursery, a supermarket, state-of-the-art fitness centers, over 40 retail outlets, 5-star rated F&B pavilions, campus-like offices, wellness hubs, and a vibrant community center.
