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Shamal Secures $272 Million Contract for Dubai Harbour Project

In a significant development for the Dubai real estate market, Shamal has awarded a substantial $272 million contract for the construction of Dubai Harbour Residences. This beachfront project is poised to enhance the vibrancy of the Dubai Harbour district and cater to the growing demand for luxury living spaces in the city. With construction set to commence soon, this partnership is expected to set new standards in the region’s residential offerings.

The contract signifies a pivotal moment in the development of the beachfront residential project, with the construction schedule starting immediately after the completion of foundational works and beachfront formation.

Khansaheb Civil Engineering, a firm with a rich history dating back to 1935, will team up with development partner H&H and renowned architect Nikken Sekkei on this ambitious venture, which will showcase low-rise beachfront homes offering stunning sea and skyline views.

Dubai Harbour Residences Construction Begins with Billion-Dirham Khansaheb Contract Award

Dubai Harbour Residences-02

“At Shamal, we are committed to shaping the future of urban living through long-term investments that redefine how people engage with the city. The commencement of main works at Dubai Harbour Residences marks a significant milestone in our journey to create vibrant communities and world-class destinations. This partnership exemplifies our meticulous approach to selecting collaborators who not only meet our standards but share our ambition for excellence and innovation. By appointing Khansaheb, a world-class partner with a proven track record of delivering some of Dubai’s most iconic developments, we are ensuring that Dubai Harbour Residences is delivered with uncompromising quality and precision, reinforcing our vision for a vibrant, sophisticated beachfront community that stands the test of time,” stated Abdulla Binhabtoor, Chief Executive Officer of Shamal.

Sprawled along the coastline, Dubai Harbour encompasses a multifaceted district that features luxury residences, an array of retail options, hospitality accommodations, and state-of-the-art maritime infrastructure. At the heart of this development lies a marina, which promises exquisite dining experiences along picturesque sea views.

A 1,500-metre bridge is currently being constructed in collaboration with Dubai’s Roads and Transport Authority (RTA). This strategic addition will facilitate smoother access to Dubai Harbour from Sheikh Zayed Road, significantly reducing travel times.

“We are proud to partner with Shamal on this visionary project to bring to life beachfront living like never before, reflecting a shared commitment to excellence and innovation. Our team is dedicated to delivering Dubai Harbour Residences to the highest standards, ensuring quality, precision, and craftsmanship at every stage. Together with Shamal, we aim to create a landmark destination, a sophisticated and timeless beachfront and maritime lifestyle that will shape the future of living for generations to come,” remarked Tariq Khansaheb, Chairman of Khansaheb Civil Engineering.

The development aligns with Dubai’s Urban Master Plan 2040 and underlines Shamal’s commitment to embodying the city’s energy and ambition through innovative design and tangible value.

Situated over 30 kilometres from Dubai International Airport (DXB) and Dubai World Central Airport (DWC), Dubai Harbour offers proximity to major attractions, including Palm Jumeirah, Burj Al Arab, and Expo City.

This district is home to Dubai Harbour Marinas, touted as the region’s premier marina, the Dubai Harbour Cruise Terminal featuring two terminal buildings, and the ever-popular Skydive Dubai. Notably, Dubai Harbour received the title of the World’s Best New Cruise Development at the World Cruise Awards in 2021.

Dubai Harbour Marinas boasts a remarkable 5 Gold Anchor accreditation, alongside accolades for Clean Marinas and Super Yacht Ready from The Yacht Harbour Association. The marina achieved all three honors simultaneously, marking a world-first milestone.

Throughout the year, the district hosts numerous events, including the prominent Dubai International Boat Show, further enhancing the city’s connection to the sea.

“The appointment of Khansaheb as the main works contractor marks a step forward in the development of the iconic Dubai Harbour Residences. This reflects steady progress on the project as it transitions from planning to full-scale construction, bringing us closer to delivering a distinctive residential offering that combines elegant architecture with refined beachfront living,” added Miltos Bossinis, Chief Executive Officer of H&H.

Shamal’s portfolio encompasses master communities, districts, residential units, retail hubs, and commercial spaces, which includes notable developments like Dubai Harbour and Nad Al Sheba Gardens.

The company’s hospitality investments span a diverse range of properties, including Jumeirah Zabeel Saray, Hart Shoreditch Hotel in London, Baccarat Hotel & Residences Dubai, SUSHISAMBA, and Five Guys.

Khansaheb Civil Engineering is recognized for its wide array of construction services, including building construction, interior fit-out and joinery, MEP installations, and roads and infrastructure development, backed by its own equipment, plant, and asphalt facilities.

Founded in 2007, H&H operates as a comprehensive developer, asset manager, and investor within Dubai’s real estate landscape. Its esteemed projects encompass Eden House, the Four Seasons Hotel Dubai at International Financial Centre (DIFC), and the Four Seasons Resort Dubai at Jumeirah Beach.

The company is structured into three divisions: H&H Development, H&H Properties, and H&H Interiors.

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