Nakheel awards $45mn marina contract at Deira Islands

October 12, 2017

undefinedNakheel has awarded a AED 165mn ($45mn) contracted to build six marinas at Deira Islands, taken contract awards at the mega project to AED 7.5bn.

The developer has appointed UAE-based APCC Piling and Contracting LLC to construct the marinas, which will accommodate a total of 614 boats and yachts up to 60 metres long.

Construction will begin in Q4 2017, with phased delivery over two years, Nakheel said.

In August, Nakheel confirmed new contracts worth AED 430mn for Deira Islands, and in April announced a contract for AED 4.2bn to build Deira Mall, located at the heart of the development.

Nakheel Chairman Ali Rashid Lootah said: “We are investing billions of dirhams to deliver Deira Islands and transform Dubai’s Deira district into a world class hub for tourism, retail, leisure and entertainment.

“Our new coastal city, being developed in line with the Government of Dubai’s vision for 2021, paves the way for hundreds of hotels, residences and attractions, many of which we are developing ourselves under our business diversification strategy.”

Deira Islands, which will have a population of 250,000 and create 80,000 jobs, will add 40km, including 21km of beach, to Dubai’s coastline. 

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