Meraas awards AED 1 billion construction contract for Bluewaters Bay

WAM

Meraas, part of Dubai Holding Real Estate, has awarded a construction contract worth over AED 1 billion to China State Construction Engineering Corporation (Middle East) for its Bluewaters Bay project.

With strong demand for the development, this milestone paves the way for the creation of a new iconic waterfront destination in Dubai, set to be completed by Q4 2027.

Bluewaters Bay will feature two residential towers connected by a dynamic podium, offering 678 apartments, including one to four-bedroom units and penthouses.

The development will also include retail and dining outlets, along with top-tier amenities like a landscaped promenade, outdoor pool, children's play area, and barbecue facilities.

Khalid Al Malik, CEO of Dubai Holding Real Estate, expressed confidence that China State Construction’s expertise will help bring the project to life, creating a vibrant destination for both residents and visitors.

 

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