Meraas awards AED 1 billion contract for Nad Al Sheba Gardens expansion

Dubai Media Office

Meraas, part of Dubai Holding Real Estate, has awarded a contract worth nearly AED 1 billion to GCC Contracting to build 272 villas and townhouses in Phase 7 of Nad Al Sheba Gardens.

The project will include 130 villas, ranging from four to seven bedrooms, along with 142 three-bedroom townhouses.

The development will also feature pool houses, utilities and supporting infrastructure.

Construction is already underway, with completion expected in the second quarter of 2028.

Khalid Al Malik, CEO of Dubai Holding Real Estate, said the expansion reflects strong confidence in Dubai's real estate sector and reinforces the emirate's appeal as a global destination to live, work and invest.

He added that Meraas remains focused on delivering modern, sustainable communities that offer long-term value for residents and investors.

Nad Al Sheba Gardens features a range of lifestyle amenities, including walking, running and cycling tracks, sports facilities, swimming pools, children's play areas and dedicated wellness spaces.

Residents also have access to retail and dining outlets through Nad Al Sheba Gardens Mall.

 

More from Business

Coming Up on Dubai Eye

  • The Music Mix

    9:00pm - 11:00pm

    Enjoy your favourite music back to back commercial free, tune in to the Music Mix everyday from 1 until 2 for the music you love and the news updates you need

  • The Music Mix

    11:00pm - 6:00am

    Enjoy your favourite music back to back commercial free, tune in to the Music Mix everyday from 1 until 2 for the music you love and the news updates you need

BUSINESS BREAKFAST LATEST

On Dubai Eye

  • Is There Sufficient House Supply In UAE

    Dubai’s current population is more than double compared to almost twenty years ago, which now stands at 3.7 million. Lots of families are also moving to the UAE now. So what does it mean for the property market?

  • Noon's First Female Delivery Driver

    Glory Ehirim Nkiruka is Noon’s first ever female delivery driver. In her first ever interview, she explained why she loves her job, despite the heat!