Nakheel receives tenders for Warsan Village homes

Seven proposals were received, with bids starting at Dh695 million, the developer said. A construction contract is expected to be awarded in Q1 this year, with completion of the townhouses in around 20 months.

Spanning 47.5hectares, Warsan Village will also feature a recreation centre, mosque and 250 apartments set above a retail plaza with 365 outlets. Construction contracts for these will be awarded at a later date.

A Nakheel spokesman said: “Warsan Village will bring a new style of living to this already hugely-popular community.”

Nakheel’s current portfolio of community developments in Dubai includes Palm Jumeirah, The World, Deira Islands, Jumeirah Islands, Jumeirah Village, Jumeirah Park, Jumeirah Heights, The Gardens, Discovery Gardens, Al Furjan, Warsan Village and International City. Together, these span nearly 14,000hectares and provide homes for more than 130,000 people. Retail developments include Dragon Mart, Ibn Battuta Mall, Nakheel Mall, The Pointe and a growing number of neighbourhood malls. Nakheel is also developing hotels at Palm Jumeirah, Deira Islands, Ibn Battuta, International City and Dragon Mart.

— business@khaleejtimes.com