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.

Abu Dhabi’s real estate sector is making waves again with the launch of Fahid Island, a Dh40 billion masterplanned community by Aldar that’s being hailed as the capital’s first coastal wellness island.

Unveiled on Monday, the ambitious 2.7 million square metre destination is set to redefine waterfront living, offering over 6,000 upscale homes, 4.6km of pristine beaches, a 10km wellness corridor, and a vibrant waterfront promenade.

Strategically located between Yas and Saadiyat islands, Fahid Island promises residents easy access to Abu Dhabi’s top leisure, cultural and transport hubs, including Zayed International Airport, all within a 15-minute drive.

“Fahid Island is the latest chapter in our journey to create world-class communities that reflect the values and ambitions of the UAE,” said Mohamed Al Mubarak, Chairman of Aldar.

A Global First in Wellness Living

The island has already made history by becoming the first in the world to receive Fitwel certification, a globally recognised standard for healthy buildings.

Over 30 per cent of the island will be dedicated to nature, with mangrove forests, shaded trails, and lush green spaces woven into its layout. The centrepiece will be the 10km Berm Park, a landscaped wellness corridor featuring three cycling routes that connect to Abu Dhabi’s wider cycle loop.

Signature Residences and Thoughtful Design

Residential offerings will feature designs by some of the world’s leading architects, including Japan’s Kengo Kuma and Koichi Takada, UK-based ACME, and UAE’s NAGA Architects.

The first phase of homes, the Fahid Beach Residences, will consist of seven mid-rise buildings with 65 apartments each. The masterplan also includes townhouses and ultra-luxury beachfront villas, offering a diverse mix for buyers and investors.

Lifestyle Meets Community

At the heart of the island will be a 2km waterfront promenade lined with retail and dining outlets, public art installations, and gathering spaces. Coral Drive, the project’s retail boulevard, will bring boutique shopping, cafes, concept outlets, and even a ballet school to the community.

In support of Abu Dhabi’s goal to become a hub for educational excellence, Aldar has partnered with a leading international provider to open a school on the island.

As Aldar continues to shape the future of waterfront living in the UAE, Fahid Island is poised to become a lifestyle destination.