Al Jaber wins deal to build golf villas
Abu Dhabi's Al Jaber Group wins a $266mn contract to build villas at Victory Heights in Dubai Sports City.
Abu Dhabi's Al Jaber Group has won a US $266 million (AED976 million) contract to build villas at Victory Heights in Dubai Sports City.
The contract involves the construction of 579 of the planned 935 villas at the residential and golfing development.
The client is Victory Heights Golf Residential and Development, the joint venture between Arcapita, a Bahrain-based investment bank, and Dubai Sports City.
"Victory Heights is one of the most impressive and sought-after residential projects in Dubai," said Fatima Al Jaber, COO, Al Jaber Group. "We are delighted to be able to play such an integral role in the development of this prominent project."
Other contractors involved in construction of the project include India's Larsen and Toubro in joint venture with Eastern Contracting, which is building 295 villas, while Frayland is constructing around 60.
"The Victory Heights development is a unique endeavour and choosing the right contractors was imperative to ensure first-class quality," said Yasser Abdulla, general manager, Victory Heights.
The first set of homes will be delivered in April 2008.
The development also includes a Butch Harmon School of Golf, a David Lloyd Tennis Academy and a Next Generation Country Club and Spa.
Wade Adams Contracting won the $109 million infrastructure contract for DSC and Victory Heights in January 2006. The total cost of the project is $735 million.
Victory Heights consists of villas and townhouses - designed in European classical, Mediterranean and Spanish Andalusian styles - set in and around The Dunes, the 18-hole golf course designed by golfer Ernie Els.