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


Dubai's JW Marriott Marquis Hotel to host CW Awards 2019
15th edition of the CW Awards will be held at the five-star Dubai hotel to


Leaders UAE 2019: ALEC, CSCEC ME, Arada bosses on diversification
EXCLUSIVE: Kez Taylor, Sachin Kerur, Elie Mrad, and Grigoris Christofides share insights at Leaders UAE

Latest Issue

Construction Week - Issue 749
Sep 15, 2019