CONTRACTS have been awarded for the construction of 25 waterfront residential buildings featuring a total of 1,464 apartments at Mohammed Bin Rashid Al Maktoum City – District One, a part of the Meydan master development in Dubai.
The contracts, which also cover infrastructure works for upcoming projects at District One, have been awarded to Transemirates Contracting, Bhatia General Contracting, Binladin Contracting Group and Parkway International Contracting for the work, said Meydan.
The contractors will mobilise immediately, with infrastructure works due for completion in 12 months and construction of the 25 mid- and low-rise apartment buildings scheduled to finish within 14 to 24 months, depending on their size and current construction status.
According to Meydan, incentive schemes are also in place for early completion.
Spread over a 45-million-sq-ft area, The MBR City – District One is currently home to nearly 1,500 people. Its star attraction is the 7-km Crystal Lagoon, the world’s largest manmade lagoon, which meanders its way through the entire development to provide waterfront living and beachfront amenities for all residents.
District One’s masterplan includes more than 900 luxury mansions and villas and 30 residential buildings. Located along Al Khail Road, 15 minutes from Dubai International Airport and close to many of the city’s key attractions, District One is a stone’s throw away from a host of hospitality and leisure amenities, including The Meydan Hotel and its horseracing course, golf course and tennis centre.