Nakheel Awards AED 430 mn Deals for Deira Islands

Nakheel Awards AED 430 mn Deals for Deira Islands

UAE’s developer Nakheel awarded four contracts for a 15.3-square-kilometer waterfront city under construction in Dubai, Invest-Gate reports.

Covering islands A and B of Deira Islands, the AED-430-mn contracts are for a sewage treatment plant, a district cooling plant, a substation, and piling work for an 800-room resort.

Nakheel invested around AED 7.5 bn in infrastructure and construction contracts for Deira Islands so far.

The four-island development will add 40 kilometers- including 21 kilometer of beach to Dubai’s coastline, thus paving the way for the development of hundreds of hotels, residences and attractions.

Menna A. Farouk 368 Posts

Menna A. Farouk is a Cairo-based reporter. She has contributed to several international news organizations, including Deutsche Welle, Al-Monitor and Global Voices.

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