Emaar to award more contracts for Dubai South project this year
Emaar Properties will award a number of contracts this year for its Emaar South master planned development, according to an Emaar senior official.
Emaar Properties will award a number of contracts this year for its Emaar South master planned development, according to a senior official.
The property developer is planning to award contracts for one of the community districts within Emaar South’s first phase, Fadi Shaher El Borno, general manager, joint ventures, told Construction Week on Monday.
“This year, we are looking at awarding a contract for the Saffron community, which we have recently launched,” he said.
“We also have major landscape packages which will be awarded very soon and are in the final stages of tendering.
“These include landscape contracts for the golf course and district park within the first phase," El Borno said. He added that Emaar is in the final stages of tendering for these contracts.
The general manager said that more contracts are scheduled to be awarded in 2019, but that additional details for those deals will be available later in the year.
El Borno revealed that retail contracts will also be awarded soon, but did not give a specific timeline as to when.
Developed in four phases, there are nine major contracts worth just under $408m (AED1.5bn) currently ongoing at Emaar South.
Located near Al Maktoum International Airport, Emaar South was launched in 2016 as part of a joint venture agreement between Emaar Properties and Dubai South.