Wednesday, May 21, 2025
CN
  • About
  • Advertise
  • Careers
  • Contact
Money Compass
  • Home
  • Financial News
  • Investment News
  • Other News
    • Bursa News
    • Government News
    • Listing Companies News
    • Oversea Financial & Investment News
  • Interviews
    • Features Interviews
    • Corporate Interviews
  • Financial & Investment Articles
  • PR Newswire
  • Login
No Result
View All Result
Money Compass
Home PR Newswire

Nakheel awards AED 810 million contract for marine works at Palm Jebel Ali

by
August 27, 2024
in PR Newswire
0
Nakheel awards AED 810 million contract for marine works at Palm Jebel Ali
0
SHARES
7
VIEWS
Share on FacebookShare on Twitter

DUBAI, UAE, Aug. 27, 2024 /PRNewswire/ — Nakheel, a member of Dubai Holding’s pioneering real estate arm, Dubai Holding Real Estate, has awarded an AED 810 million contract for marine works on Palm Jebel Ali to Jan De Nul Dredging LTD.

The company will be responsible for dredging, land reclamation, beach profiling and sand placement, directly supporting the construction of villas across all fronds and will complete the marine works in just over two years. The first eight fronds of the project are expected to be site-ready by Q1 2025, allowing for the commencement of villa infrastructure and civil works.

Related posts

China’s Largest PV+LNG Powered Car Carrier Sets Sail on Its Maiden Voyage with LONGi Solar Modules

China’s Largest PV+LNG Powered Car Carrier Sets Sail on Its Maiden Voyage with LONGi Solar Modules

May 21, 2025
Keding Enterprises Establishes Tokyo Branch Office to Strengthen Service Network in Japan and Launches Global Distributor Program

Keding Enterprises Establishes Tokyo Branch Office to Strengthen Service Network in Japan and Launches Global Distributor Program

May 21, 2025

Following Nakheel’s recent award of two major infrastructure contracts, works have also commenced on the construction of a new public access road and to roadway and lighting enhancements from the mainland to Palm Jebel Ali.

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 will offer an exceptional breadth of luxury lifestyle amenities for residents, families and visitors. Supporting the Dubai Economic Agenda D33, the project also marks the beginning of a new growth corridor in the Jebel Ali area, underlining the expansion of the emirate.

Khalid Al Malik, Chief Executive Officer of Dubai Holding Real Estate, said: “Partnering with Jan De Nul Dredging reflects our unwavering commitment to excellence and innovation. As Nakheel intensifies its development activity under Dubai Holding, the expertise of Jan De Nul Dredging in marine, civil construction and environmental projects is pivotal as we accelerate progress on this transformational development. Aligned with the Dubai 2040 Urban Master Plan vision, Palm Jebel Ali is set to become a global destination that will offer residents the opportunity to experience a luxurious waterfront lifestyle with access to sweeping beachfronts and pristine waters, while setting new standards in quality living and sustainability.”

Last year, Palm Jebel Ali launched over 700 units of its Phase 1 frond villas, featuring eight unique styles, blending indoor and outdoor living in a serene coastal setting. Progress on infrastructure and marine works directly supports the delivery of these homes, scheduled for handover late 2026. The island will span 13.4 kilometres, featuring 16 fronds and 91 kilometres of beachfront, aligning with the Dubai 2040 Urban Master Plan’s goal of expanding public beach access. Video

 

 

 

SOURCE Dubai Holding Real Estate

​ 

Previous Post

Huawei and Vodacom Tanzania Launch DigiTruck Program to Drive an Inclusive and Sustainable Digital Tanzania

Next Post

Enfinity Global closes a €500 million landmark investment to build, own, and operate 1.5 GW of solar power plants in Italy

Next Post
Enfinity Global closes a €500 million landmark investment to build, own, and operate 1.5 GW of solar power plants in Italy

Enfinity Global closes a €500 million landmark investment to build, own, and operate 1.5 GW of solar power plants in Italy

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

BROWSE BY CATEGORIES

  • Blog
  • Bursa News
  • Corporate Interviews
  • Features Interviews
  • Financial & Investment Articles
  • Financial News
  • Government News
  • Investment News
  • Listing Companies News
  • Oversea Financial & Investment News
  • PR Newswire

BROWSE BY TOPICS

2018 League Balinese Culture Bali United Budget Travel business Champions League Chopper Bike Doctor Terawan industrial Istana Negara Malaysia Market Stories National Exam net zero emissions targets 2025 Renewable energy Visit Bali

Recent News

  • China’s Largest PV+LNG Powered Car Carrier Sets Sail on Its Maiden Voyage with LONGi Solar Modules
  • Keding Enterprises Establishes Tokyo Branch Office to Strengthen Service Network in Japan and Launches Global Distributor Program
  • Keding Enterprises Establishes Tokyo Branch Office to Strengthen Service Network in Japan and Launches Global Distributor Program

Category

  • Blog
  • Bursa News
  • Corporate Interviews
  • Features Interviews
  • Financial & Investment Articles
  • Financial News
  • Government News
  • Investment News
  • Listing Companies News
  • Oversea Financial & Investment News
  • PR Newswire
  • About
  • Advertise
  • Careers
  • Contact

Copyright © 2024 Money Compass Media (M) Sdn Bhd. All Rights Reserved

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Features Interviews
  • Government News
  • Financial News
  • Investment News
  • Listing Companies News
  • Corporate Interviews
  • Bursa News
  • Financial & Investment Articles
  • Oversea Financial & Investment News

Copyright © 2024 Money Compass Media (M) Sdn Bhd. All Rights Reserved