Built to inform

Sign up for the daily newsletters

No, Thank you

Nakheel awards $190.5mn Warsan Village contract

Ginco General Contracting to build gated community development

NEWS, Projects, Contract, Ginco General Contracting, International City, NAKHEEL, Warsan Village Community

Nakheel has awarded a contract worth AED700mn ($190.5mn) for the construction of its Warsan Village Community to Ginco General Contracting.

The Dubai developer said the contract covers the construction of 936 townhouses at Warsan Village, its new, gated community located south-west of International City.

Spanning 47.5 hectares, 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, Nakheel said in a statement cited by news agency WAM.

A Nakheel spokesman said: "Warsan Village will bring a new style of living to this already hugely-popular community."

In February, the developer said it had received seven bids for the construction contract, starting at AED695 million.

The construction contract is expected to span around 20 months.

In September, Nakheel said it sold 262 homes, with a combined value of AED460mn in the first day of sales at Warsan Village. 

Most popular


Construction industry conversations around digitisation must evolve
The Middle East construction industry’s approach to tech must evolve and focus on how can


CW In Focus | Inside the Leaders in KSA Awards 2019 in Riyadh
Meet the winners in all 10 categories and learn more about Vision 2030 in this
CW In Focus | Leaders in Construction Summit UAE 2019
A roundup of Construction Week's annual summit that was held in Dubai this September

Latest Issue

Construction Week - Issue 753
Nov 09, 2019