Seven tenders entered for Nakheel's Warsan Village
Construction contract for development to be awarded in Q1 this year
Nakheel has received all tenders for the construction of 942 townhouses at Warsan Village, its new, gated community located south-west of International City.
Seven proposals were received, with bids starting at AED695mn ($189mn), the developer said.
A construction contract is expected to be awarded in Q1 this year, with completion of the townhouses in around 20 months.
Spanning 47.5ha, Warsan Village will also feature a recreation centre, mosque and 250 apartments set above a retail plaza with 365 outlets. Construction contracts for these will be awarded at a later date.
A Nakheel spokesman said: “Warsan Village will bring a new style of living to this already hugely-popular community.”