Meydan Awards AED 1 Billion Contract to Ginco General Contracting for District One West Phase Two
Dubai Holding Real Estate's Meydan has awarded a contract worth over AED 1 billion to Ginco General Contracting LLC for the construction of Phase Two of District One West in Mohammed Bin Rashid Al Maktoum City.
The project marks the next stage in this exclusive gated community, renowned for its waterfront lifestyle on the iconic Crystal Lagoon.
Ginco General Contracting, with over 35 years of expertise in delivering luxury developments, will oversee the construction of four-, five-, and six-bedroom villas, along with supporting infrastructure. The project is expected to be completed in Q1 2028.
Khalid Al Malik, CEO of Dubai Holding Real Estate, emphasized the development's significance, stating,
“District One West Phase Two at Mohammed Bin Rashid Al Maktoum City reflects our unwavering commitment to redefining luxury living. This project will set new benchmarks in premium residential experiences for our growing base of luxury homebuyers.”
Masood Gheyath, Managing Director of Ginco General Contracting, highlighted the collaboration's importance, adding,
“The construction and real estate sectors are a key driver of economic growth in the UAE. District One West Phase Two will stand out as a model for excellence, reflecting our shared vision for delivering innovative and high-quality developments.”
As one of Dubai’s most sought-after communities, District One West continues to redefine luxury living with world-class designs and exceptional quality, reaffirming Dubai’s position as a hub for premium real estate developments.
News Source: Emirates News Agency