Nakheel, one of the leading property developers in the Middle East region,
has signed an agreement with Ali Moosa and Sons Contracting for the construction
of 128 European Themed Villas at its Jumeirah Islands Development project.
The Jumeirah Islands
project
is aimed at attracting families who are looking for the ultimate residential
retreat. The Jumeirah Islands project is shaped and designed on 300-hectares
of land located just off Interchanges 5 and 6 on the Sheikh Zayed Road.
"Our pioneering and innovative spirit in creating luxurious and exclusive
living space for discerning customers is the inspiration behind Jumeirah
Islands," said Mr. Sultan Ahmed Bin Sulayem, Chairman of Nakheel at the signing. "Like all our
other projects, Jumeirah Islands depicts the cosmopolitan character of Dubai. As
a planned urban development project, it exhibits a family environment and
promotes a healthy lifestyle."
"We are honoured to be awarded this contract," said Engineer Fahad Ali
Mossa of Ali Moosa and Sons Contracting. "We look forward to working with
the regions leading and most innovative property developers and to contribute
to the continued development of the property market in Dubai."
Under the agreement, Ali Moosa and Sons Contracting will construct and
maintain 128 European themed villas at Jumeirah Islands Development. The
contract is valid for eight months after which the villas will be handed
over to Nakheel.
The Jumeirah Islands will consist of 50 islands that will be clustered
among spacious, luxuriantly landscaped canals and each cluster will be bounded on
three sides by water. Three million cubic metres of sea water will be pumped into
Jumeirah Islands Development from the Arabian Gulf, creating the individual
islands. Luxurious villas with private swimming pools dot 46 islands and the
development includes a commercial area which will have extensive retail and
leisure facilities. There will also be parks, canoeing, and peddle-boating, walking
trails, walkway bridges and a community club. A variety of elements ranging from
exquisite architecture to cascading waterfalls, bountiful gardens, romantic
promenades, luxury marinas and an exclusive resort will all come together to form
part of the experience of Jumeirah Islands. A number of apartment buildings
located on the fronds will be launched by the end of 2004. |