Nakheel awards $9m Jumeirah Park construction contract to GBH
The Dubai-based contractor will begin construction on the mixed-use centre next month
Dubai master developer Nakheel has awarded a $9.5m (AED35m) construction contract to GBH International Contracting for a sport, health, and leisure “hub” at its Jumeirah Park Community.
According to a statement, the Dubai-based contractor will start building the 93,000ft2 centre this October.
Featuring an Olympic-size swimming pool, a gym, a clubhouse, a spa, and a medical centre, the hub will combine sports facilities with a range of restaurants, shops, and services.
There will also be parking for nearly 100 vehicles, Nakheel added, with retail amenities set to include a supermarket, medical clinic, beauty outlets, and convenience stores across 46,000ft2 of leasable space.
The clubhouse adds to Nakheel’s similar existing and upcoming facilities at Jumeirah Islands, Jebel Ali Village, Al Furjan, Warsan Village, and Jumeirah Village Circle.
Nakheel’s Jumeirah Park community currently has nearly 21,000 residents and spans more than 380ha.
The news comes amid a busy year for Nakheel. While it reported a slight 4% drop in profitability in the first six months of the year, Nakheel said it expects its annual revenue figures to increase as it completes its pipeline of retail and hospitality projects such as the Pointe, due to open within the year.
The group handed over 451 units to its customers in the first half of the year, according to the same first half financials released in August.