Nakheel appoints Al Nasr Contracting Company for Bay Villas at Dubai Islands
The developer’s decision to appoint Al Nasr Contracting Company aligns with its strategic approach to sequencing preparatory works with infrastructure delivery
Nakheel has appointed Al Nasr Contracting Company to undertake internal roadworks and essential utility services for Bay Villas at Dubai Islands. The contract is valued at US $46mn and covers the construction of access roads across the 636 unit residential community and the installation of vital utility services. These services will ensure connectivity between homes, public areas, and the broader island systems.
The developer’s decision to appoint Al Nasr Contracting Company aligns with its strategic approach to sequencing preparatory works with infrastructure delivery, and aims to facilitate efficient community development and deliver consistent outcomes for the residents, said a statement.
Khalid Al Malik, Chief Executive Officer, Dubai Holding Real Estate said, “Awarding this infrastructure contract to Al Nasr represents a critical foundation phase for Bay Villas, ensuring our 636-unit waterfront community is built on robust infrastructure from day one. Al Nasr’s proven expertise in complex civil works and strong safety record align with our commitment to delivering exceptional residential communities. This infrastructure investment directly supports Dubai Islands’ development as a premier waterfront destination, creating the essential connectivity that will enhance residents’ daily lives and long-term property values.”
Jean Nicolas El Helou, Chief Executive Officer, Al Nasr Contracting Company LLC added, “We are pleased to partner with Nakheel, an established leader in Dubai’s real estate landscape, on essential infrastructure works for Bay Villas at Dubai Islands. Our team will work closely with all stakeholders to ensure this new villa community meets the highest of standards set by Nakheel to support Bay Villas’ development as one of the newest and exciting communities for people looking to live and invest in Dubai.”
Al Nasr, the latest company to join the project, will support the delivery of Nakheel and Dubai Holding Real Estate’s Bay Villas project. Earlier this year, Fibrex Contracting was awarded a $707mn contract for the development of the new Dubai Islands community, the firm said.
Bay Villas will offer a variety of housing options, including townhouses, semi detached villas, garden villas, and premium waterfront and beachfront villas. These villas will be situated within a connected, resort style setting at Dubai Islands. The neighborhood aligns with the broader Dubai Islands vision and supports the Dubai 2040 Urban Master Plan by providing well planned communities, public spaces, and access to amenities.
