Meraas awards Dhs1.9bn construction contract for The Acres

A $517 million contract is awarded to Meraas for the development of an exclusive community of villas in Dubai

United Engineering Construction (UNEC) has been given an AED1.9 billion ($517 million) contract by Meraas, a division of Dubai Holding Real Estate, to build The Acres, an elite standalone villa community. With a completion date of Q4 2027, the deal covers the first release, which consists of 642 villas and related community services. Each of the three-, four-, and five-bedroom villas, which range in size from 3,048 to 6,001 square feet, has a pr…

Meraas awards Dhs1.9bn construction contract for The Acres

The Acres has been masterplanned around the expansive Halo Loop Park, connecting multiple neighbourhoods through green corridors, shared spaces and integrated community infrastructure The post Meraas awards Dhs1.9bn construction contract for The Acres appeared first on Gulf Business.