Nakheel has awarded an AED 800 million main construction contract to Metac General Contracting Co for Phases 1 and 3 of Bay Grove Residences on Dubai Islands. The package covers 537 homes across seven buildings, with completion targeted for late 2028. The development is part of the broader Dubai Islands master plan, which will feature 1,154 properties across 15 buildings upon completion.
Dubai Holding Real Estate and Commercial Bank of Dubai have launched a digital home financing scheme. The programme serves UAE Nationals and residents buying off-plan or finished properties across Nakheel, Meraas and Dubai Properties. It introduces automated pre-approvals and early financing options once construction reaches 30%, offering conventional and Islamic options alongside premium banking rewards.
Dubai developer Nakheel, part of Dubai Holding Real Estate, has released an exclusive range of luxury waterfront villas at Palm Jebel Ali, signalling further progress in the development of one of the emirate’s most ambitious island communities. The launch features 11 architecturally distinct villa styles within The Beach and The Coral Collections, designed in partnership with international architectural studios and offering direct beachfront access along with expansive Arabian Gulf views.
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