THE LEVANT – Developer Nakheel has awarded a contract worth almost AED120 million ($32.6 million) for infrastructure work at its Al Furjan community in Dubai.
The agreement with Dubai-based Target & Jima Construction Company covers the construction of 16km of roads and the preparation of nearly 500 third party villa plots at the residential project.
Work is due to begin by the end of October, with a planned 16 month completion timeline, Nakheel said in a statement.
The contract is for work in Al Furjan Phase 2. Nakheel has already delivered 800 homes and is building 400 more in Phase 1, which has more than 2,500 residents.
Nakheel said it is also building a new, 10,000 square metre retail and recreation hub at Al Furjan.
The centre, complete with supermarket, cafes, restaurants, shops, swimming pool, gym and sports courts, is due to open in March 2016. More than 70 percent of retail space there is already booked.
Al Furjan is located between Sheikh Zayed Road and Sheikh Mohammed Bin Zayed Road, close to Ibn Battuta Mall.
- Nakheel no longer responds to media enquiries from Arabian Business, nor does it grant Arabian Business access to any of its media events or announcements.