AED 810 mn contract awarded for Palm Jebel Ali marine works: Dubai Holding’s real estate arm Nakheel awarded a AED 810 mn contract to Jan de Nul Dredging for marine works and dredging at Palm Jebel Ali, according to a statement (pdf). Jan De Nul Dredging will be responsible for dredging, land reclamation, beach profiling and sand placement, paving the way for the construction of villas across all fronds.
The timeline: Jan De Nul Dredging is expected to finalize the project in just over two years. The first eight fronds of the project are expected to be site-ready by the first quarter of 2025, allowing for the commencement of villa infrastructure and civil works. The first 700 units of its phase one frond has already been launched and is slated for handover in late 2026, the statement said.
Background: Earlier in July, Dubai Crown Prince Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum approved the masterplan and architectural designs for the development of the Jebel Ali beach, set to become the city’s longest open public beach. Nakheel also handed out two construction contracts to DBB Contracting and Khansaheb Civil Engineering for the development of Palm Jebel Ali’s road infrastructure in May.