Meraas, a member of Dubai Holding Real Estate, has awarded AED2.4 billion ($653.51 million) in main construction contracts for new phases of its flagship villa developments, The Acres and The Acres Estates, in Dubailand.
Dubai Properties has awarded contracts worth nearly AED1.1 billion ($299 million) to Metac General Contracting for the construction of 850 townhouses at Villanova within the Dubailand community. The contract covers the first two phases of La Tilia, comprising 500 three- and 350 four-bedroom homes.
LEOS Developments has launched a master community, the company’s first large-scale master-planned community in Dubai and one of its most significant undertakings to date, with a gross development value exceeding AED5 billion ($1.36 billion).
