Nakheel awards $46m Dubai Islands Bay Villas contract to Al Nasr

Editorial Desk The Nation
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Nakheel, a member of Dubai Holding Real Estate, has awarded Al Nasr Contracting Company an AED169m ($46m) contract to deliver internal roadworks and essential utilities for Bay Villas at Dubai Islands.

The scope of the contract covers access roads across the 636-unit residential community and the installation of utility services to connect homes, public areas and the wider island infrastructure.

The works represent a critical step in the build-out of the new neighbourhood, part of Nakheel’s sequencing approach to combine preparatory and infrastructure delivery for consistent long-term outcomes.

Nakheel awards Dubai Islands contract

Khalid Al Malik, CEO, Dubai Holding Real Estate, said: “Awarding this infrastructure contract to Al Nasr represents a critical foundation phase for Bay Villas, ensuring our 636-unit waterfront community is built on robust infrastructure from day one.

“Al Nasr’s proven expertise in complex civil works and strong safety record align with our commitment to delivering exceptional residential communities.

“This infrastructure investment directly supports Dubai Islands’ development as a premier waterfront destination, creating the essential connectivity that will enhance residents’ daily lives and long-term property values.”

Jean Nicolas El Helou, CEO, Al Nasr Contracting Company LLC, said: “We are pleased to partner with Nakheel, an established leader in Dubai’s real estate landscape, on essential infrastructure works for Bay Villas at Dubai Islands.

“Our team will work closely with all stakeholders to ensure this new villa community meets the highest of standards set by Nakheel to support Bay Villas’ development as one of the newest and exciting communities for people looking to live and invest in Dubai.”

Dubai Islands contracts

This latest award follows Nakheel’s earlier AED2.6bn ($708m) contract with Fibrex Contracting for the development of Dubai Islands.

Bay Villas will feature townhouses, semi-detached villas, garden villas, and premium waterfront and beachfront villas within a connected, resort-style setting.

The community forms part of the broader Dubai Islands vision and directly supports the Dubai 2040 Urban Master Plan through integrated neighbourhoods, accessible public spaces and high-quality amenities.

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