Nakheel, a subsidiary of Dubai Holding Real Estate, has awarded three major contracts worth over Dh750 million for infrastructure development on Palm Jebel Ali, a landmark waterfront project poised to redefine luxury living in Dubai. The works are expected to be completed by the fourth quarter of 2026.

The contracts have been awarded to DBB Contracting LLC, a company with a strong track record on the island. DBB has previously delivered key projects on Palm Jebel Ali, including road construction and public access infrastructure.

A Visionary Mega Development

Palm Jebel Ali is one of Nakheel’s most ambitious projects, unveiled by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai. The development supports the Dubai Economic Agenda D33 and serves as a key pillar in the emirate’s expansion westward, marking the rise of a new growth corridor in Jebel Ali.

What’s Included in the Infrastructure Works?

The awarded contracts cover comprehensive infrastructure across Fronds A to G, including:

• Utility connections
• Excavation and backfilling
• Road and pavement construction
• Power distribution (11kV) and telecom utility works

In the Spine District, the works will include:

• Major and secondary road development
• Utility mains and links to fronds
• Grading and associated infrastructure for DEWA’s power transmission line

A New Era for Waterfront Living

Spanning 13.4 km, Palm Jebel Ali will feature 16 fronds and over 90 km of beachfront, aligned with the Dubai 2040 Urban Master Plan, which aims to expand public beach access.

Designed with smart city technologies, sustainable features, and walkable mixed-use neighbourhoods, the island is set to become a world-class destination for residents, tourists, and investors alike, offering panoramic views of the Arabian Gulf and seamless mobility solutions.

In a landmark moment for Dubai’s property sector, the Dubai Land Department has announced that its second tokenised real estate project on the ‘PRYPCO Mint’ platform was fully funded in just one minute and 58 seconds.

The record-breaking success saw 149 investors from 35 nationalities participate, reflecting the rising global interest in Dubai’s innovative approach to digital real estate ownership.

The overwhelming demand has pushed the investor waiting list to over 10,700, underscoring strong confidence in property tokenisation as a new gateway to accessible and fractional real estate investment in the emirate.

Accredited under the Dubai Land Department’s official Property Tokenisation Initiative, PRYPCO Mint allows users to buy shares in ready properties through a streamlined, cost-efficient platform. Its success is helping to redefine traditional investment models and increase participation from both local and international investors.

With plans to expand its portfolio of tokenised properties, the platform is expected to play a central role in shaping Dubai’s property market by 2033.

Amid this momentum, the Dubai Land Department has invited interested individuals to pre-register and set up their accounts early to avoid missing out on future offerings in one of the world’s most dynamic real estate markets.

Dubai South Properties has launched South Square, a new luxury residential development strategically located along Sheikh Mohamed bin Zayed Road, just minutes away from the future new terminal of Al Maktoum International Airport.

The project’s first tower, S4 Tower, witnessed overwhelming demand, with all units sold out within just three hours of launch.

South Square will feature 550 apartments and is slated for completion in the fourth quarter of 2028. The launch comes amid soaring interest in Dubai South as one of the city’s fastest-growing real estate destinations.

“In the past few years, we have witnessed a sharp increase in demand for residential options in Dubai South, driven by its strategic location, modern infrastructure, and exceptional connectivity,” said Nabil Al Kindi, CEO of Dubai South Properties. “South Square is our response to this momentum, offering spacious homes, wellness-focused amenities, and proximity to the upcoming Al Maktoum International Airport terminal and key highways.”

Dubai South’s popularity has surged in 2024, with total residential property sales crossing 19 billion. Its master plan includes a mix of residential, commercial, and logistics zones, making it a preferred hub for investors, professionals, and families seeking long-term living options with future-focused urban infrastructure.

The new development is also expected to attract buyers looking for properties close to the upcoming airport expansion, which is set to make Al Maktoum International one of the largest aviation hubs in the world.

The success of South Square adds to Dubai’s ongoing real estate boom, driven by population growth, infrastructure investments, and investor confidence in the UAE’s long-term vision.