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Nakheel Invests $204 Million in Palm Jebel Ali Development

Nakheel, a prominent player in Dubai’s real estate landscape, has recently awarded a substantial contract worth AED 750 million ($204 million) to DBB Contracting LLC for essential infrastructure developments at Palm Jebel Ali. This significant investment is poised to enhance the ambitious waterfront project, transforming it into a premier residential and tourist destination while aligning with Dubai’s long-term economic vision.

Nakheel’s Commitment to Palm Jebel Ali

By awarding these crucial contracts, Nakheel underscores its dedication to the development of Palm Jebel Ali, which is set to reshape Dubai’s coastal environment. These contracts are scheduled for completion by the fourth quarter of 2026, marking a notable milestone in one of Dubai’s most visionary projects.

The awarded contracts will facilitate development throughout Fronds A to G, as well as the Spine District—two significant areas within the expansive 13.4-kilometer-long island. With over 90 kilometers of coastline and 16 distinctive fronds, Palm Jebel Ali is designed to serve as a luxurious getaway that meets the burgeoning demand for high-end living in the emirate.

A Strategic Vision for the Future

Launched by Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE, Palm Jebel Ali plays an integral role in both the Dubai Economic Agenda D33 and the Dubai 2040 Urban Master Plan. As the city seeks to develop a new growth corridor in the Jebel Ali region, this mega-project aims to set global benchmarks for luxury waterfront living.

Khalid Al Malik, CEO of Dubai Holding Real Estate, commented on the importance of Palm Jebel Ali: “Palm Jebel Ali exemplifies Dubai’s ambition to redefine global waterfront living through an innovative luxury lifestyle mega project. The iconic development is set to transform the city’s urban landscape in alignment with the leadership’s vision to create a world-class destination that will attract residents, tourists, and investors.”

Infrastructure Works and Construction Plans

This AED 750 million ($204 million) investment encompasses a variety of infrastructure works crucial for the project’s success. Key components of the development include:

  • Excavation, backfilling, and road construction across Fronds A to G
  • Utility works for 11kV power distribution and telecommunication networks
  • Utility mains and connections throughout the Spine District
  • Primary and secondary road networks
  • Rough grading for the Dubai Electricity and Water Authority (DEWA) power transmission line

DBB Contracting LLC, recognized for its previous infrastructure contributions to Palm Jebel Ali, will spearhead these operations. The firm’s reliable reputation assures that the project will be executed with the utmost care and efficiency.

Eugene Terreblanche, General Manager of DBB Contracting LLC, expressed enthusiasm regarding the initiative: “DBB Contracting LLC is proud to be part of this landmark project and is excited to collaborate with Nakheel in shaping the future of Dubai. With our expertise and commitment to excellence, we look forward to bringing this visionary development to life.”

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