Jumeirah Golf Estates awards residential project contract
Jumeirah Golf Estates (JGE), a world-class residential golf destination offering luxury homes and leisure facilities among two internationally-acclaimed championship golf courses, has awarded a contract worth Dh400 million ($109 million) to Al Qabdah Building Contracting for its mid-market luxury residential community, Alandalus.
A Mediterranean-inspired collection of affordable luxury apartments and townhouses, Alandalus is set on a 375-hectare area, 75 per cent of which is made up of lush green landscaping, with lakes and nature strips throughout.
Al Qabdah, who starts with immediate effect, is a key player in the Gulf region’s construction industry.
It has been appointed to construct six apartment buildings (towers C-H), while construction of two other buildings (A-B) is ongoing, said a statement from JGE.
The entire development, including 715 apartments, 95 townhouses as well as the retail centre, is on track to be completed prior to Expo 2020, it stated.
Featuring 715 one to four-bedroom apartments, Alandalus has set a new benchmark for the mid-market sector in Dubai. The homes have been designed to reflect a growing demand for outdoor living with Andalucian-inspired architecture and contemporary features. The community also boasts 95 townhouses, and offers a holistic lifestyle experience, with retail, plans for a hotel development, and JGE’s second Clubhouse, and all in the heart of new Dubai.
The UAE developer said the awarding of this contract sees JGE on track for phased handovers from the third quarter of 2019, beginning with Tower C. Meanwhile, towers A and B are are on track to be handed over by the first half of 2018.
CEO Yousuf Kazim said: "Al Qabdah’s appointment is a sign of the rapid progress we are making on Alandalus, a community that introduced a new home concept to Dubai, combining luxury living with affordable prices in a highly desirable destination."
"We have sold out both of the launched apartment towers - a positive response that is testament to the success of JGE’s approach to bringing the right type of product to the market at the right price," remarked Kazim.
"The unique property which is available with a flexible payment plan, is located on two Championship golf courses and has top quality finishings with each apartment presenting a seamless design and layout. With Al Qabdah’s trusted reputation for executing projects on schedule and to the highest quality, we are confident this development will further support our focus on quality," he added.
On the contract win, Al Qabdah CEO Samer Abdo El Achkar said: "We are delighted to have been awarded the contract to build the Alandalus apartment towers. Al Qabdah has delivered each of its contracted projects to the highest standard and we are excited to work on this prestigious development."
"Delivering this project also reinforces our reputation as a trusted partner for the UAE’s leading residential destinations, such as JGE," he added.
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