Nakheel, a member of Dubai Holding’s pioneering real estate arm Dubai Holding Real Estate, has awarded three major contracts, collectively valued at more than AED 5 billion ($1.36 billion), for the construction of exclusive ultra-luxury villas on the first six fronds of Palm Jebel Ali, scheduled for completion by late 2026.
The contracts, awarded to Ginco General Contracting, Shapoorji Pallonji Mideast and United Engineering Construction Company (UNEC), mark a significant milestone in the ongoing development of this landmark waterfront destination in Dubai.
The scope of work under the three contracts includes the construction of 723 luxurious Beach Collection and Coral Collection villas with exclusive beach frontage across six fronds (Fronds K, L, M, N, O, and P) in addition to the comprehensive development of world-class infrastructure and vibrant public spaces within the respective fronds on Palm Jebel Ali.
Palm Jebel Ali will set a new standard for waterfront living, and residents can look forward to a diverse selection of five- and six-bedroom Beach Collection villas, numbering 539 in total, and 184 opulent Coral Collection villas boasting seven bedrooms, each meticulously crafted with a choice of eight distinct architectural styles for the Beach Collection villas and eight styles for the Coral Collection villas.
The luxury villas feature expansive built-up areas ranging from 8,000 to 15,000 square feet. The construction of the waterfront residences will be complemented by the simultaneous development of a network of roads, seamlessly integrated utilities and verdant landscaping, all designed to elevate the community living experience for residents, families and visitors in line with the Dubai 2040 Urban Master Plan.
Setting a global benchmark in waterfront living, Palm Jebel Ali is one of Nakheel’s most visionary projects and offers an exceptional breadth of lifestyle amenities, significantly contributing to the future growth of Dubai over the next few decades. Revealed by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, Palm Jebel Ali supports the Dubai Economic Agenda D33 and marks the beginning of a new growth corridor in the Jebel Ali area, underlining the expansion of the emirate.
Khalid Al Malik CEO – Dubai Holding Real Estate
“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, commented that, “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, Shapoorji Pallonji, stated that, “Being selected as a partner in building luxury villas at Palm Jebel Ali is an honor, giving us the opportunity to create a beachfront community that embodies luxury and tranquility. 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 United Engineering Construction (UNEC), said that, “We are deeply honored to be part of the prestigious Palm Jebel Ali development, a project that symbolizes 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.”
