"Palm" It is granted a contract of 2.6 billion dirhams to build a project "Bay Villaz" In the Dubai Islands
Dubai, August 18 / WAM / The “Nakheel” company, which is affiliated with “Dubai Holding Real Estate”, grants a 2.6 billion dirhams contract to “Fibrik Contracting Company” to build the “Pay Villas” project in the Dubai Islands, which includes 636 luxury units across five types of housing options.
According to a press release issued today, this cooperation is based on the existing relationship between the two companies after their previous cooperation in the “First West District” project in Mohammed bin Rashid Al Maktoum City.
Khaled Al -Malik, CEO of “Dubai Holding Real Estate”, said that this project confirms the company’s commitment to contributing to the formation of the future of Dubai, and also embodies its vision to create exceptional beach compounds equipped with international levels to enhance the welfare of the population and upgrade their lifestyle.
For his part, Sufyan Al -Saleh, Managing Director of the Group, Fibriks Contracting, said that the group is committed to delivering this project on the scheduled date with the full commitment to the highest standards of the sector in its establishment, through the use of the latest advanced construction technologies and specialized internal capabilities with the use of a reliable network of supply chain partners to achieve Dubai Real Estate Holding Vision regarding this project.
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