Nakheel, a member of Dubai Holding Real Estate, has awarded construction contracts worth over $953 million (AED 3.5 billion) to Ginco General Contracting and United Engineering Construction (UNEC) for the development of 544 villas at Palm Jebel Ali.
The contracts mark a key milestone in the delivery of the large-scale waterfront development, with Ginco set to construct 354 villas across Fronds A to D, while UNEC will deliver 190 villas across Fronds E and F.
Construction is scheduled to commence this quarter, with completion targeted for Q4 2028.
Major Progress on Palm Jebel Ali
The project forms part of the broader development of Palm Jebel Ali, one of Dubai’s most significant waterfront expansion initiatives.
The villas are part of a wider master plan featuring 10 architectural typologies designed to maximize sea views, integrate smart-home technologies, and incorporate sustainability-focused design principles.
Khalid Al Malik Dubai Holding Real Estate CEO
“The awarding of these contracts signals tangible progress in the delivery of Palm Jebel Ali, with construction now progressing across multiple fronds. As momentum continues to build, Palm Jebel Ali represents one of the most significant expansions of Dubai’s urban coastline in a generation and will play a key role in supporting the emirate’s long-term growth, further strengthening its global appeal as a great place to live, invest, and visit.”
Gheyath Mohammad Gheyath, Founder and Chairman of Ginco General Contracting, highlighted that, “We are delighted to continue our successful journey in construction and development with Nakheel. This ongoing partnership is a testament to the strength of our relationship and our strong performance. We pledge to complete this project to the highest standards, and we remain committed to contributing to the realization of our shared vision for this vibrant city.”
Abdul Halim Muwahid, Chairman of United Engineering Construction (UNEC), noted that, “Palm Jebel Ali is a remarkable project that stands as a testament to our shared vision and collaboration. Together, we are not just building communities; we are building tomorrow’s legacy, today. We deeply value our partnership with Nakheel and remain committed to sustaining and strengthening this relationship as we move forward toward continued success.”
Palm Jebel Ali is a key component of Dubai’s southern coastal expansion and aligns with the objectives of the Dubai 2040 Urban Master Plan and the Dubai Economic Agenda D33.
The development is expected to contribute significantly to Dubai’s ambition of enhancing premium waterfront living while supporting sustainable urban growth and economic diversification.
