Nakheel, a member of Dubai Holding Real Estate, has awarded construction contracts worth over AED 3.5 billion to Ginco General Contracting and United Engineering Construction (UNEC) for 544 villas on Palm Jebel Ali, marking a significant step forward in one of Dubai's most ambitious waterfront developments.
Under the contracts, Ginco will build 354 villas across Fronds A to D, while UNEC will deliver 190 villas on Fronds E and F. Construction begins this quarter, with completion targeted for Q4 2028.
Khalid Al Malik, CEO of Dubai Holding Real Estate, described the awards as a signal of tangible progress, noting that Palm Jebel Ali represents one of the most significant expansions of Dubai's urban coastline in a generation, and will strengthen the emirate's appeal as a destination to live, invest and visit.
The villas are part of a broader collection spanning 10 architectural typologies, designed to maximise waterfront positioning and sea views. Each unit incorporates smart-home technology and sustainability-focused design principles.
The project aligns with both the Dubai 2040 Urban Master Plan and the Dubai Economic Agenda D33, supporting the city's long-term ambition to cement its position as a global leader in premium waterfront living.
Palm Jebel Ali forms a central part of Dubai's southern coastal expansion, with the latest contracts building on steady progress already underway across the development. Established as a flagship project under Nakheel's portfolio, the wider development is designed to deliver high-quality waterfront communities that contribute to the emirate's urban and economic growth.
News Source: Dubai Media Office
