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Home » Meydan awards over AED 1 billion construction contract for District One West Phase Two
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Meydan awards over AED 1 billion construction contract for District One West Phase Two

By dailyguardian.aeJanuary 20, 20255 Mins Read
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Luxurious four- to six-bedroom villas are part of the prestigious lagoon-front offering

Dubai, 20 January 2025: Meydan, a member of Dubai Holding Real Estate, has awarded a contract worth over AED 1 billion to Ginco General Contracting LLC for the construction of Phase Two of District One West in the prestigious Mohammed Bin Rashid Al Maktoum City. This development presents the next stage in one of the most sought-after gated communities in Dubai, offering an exclusive lifestyle on the waterfront of Crystal Lagoon.

Ginco General Contracting, a construction company with over 35 years’ experience in the region renowned for delivering large-scale luxury projects, has been awarded the contract for the construction of four-, five- and six-bedroom luxury villas as well as associated infrastructure and other works. The project is scheduled for completion in Q1 2028.

Khalid Al Malik, Chief Executive Officer of Dubai Holding Real Estate, said: “District One West Phase Two at Mohammed Bin Rashid Al Maktoum City reflects our unwavering commitment to redefining luxury living within this prestigious master development. With world-class designs and exceptional quality, District One West Phase Two will set new benchmarks in premium residential experiences for our growing base of luxury homebuyers.”

Eng. Masood Gheyath, Managing Director of Ginco General Contracting, said: “The construction and real estate sectors are a key driver of economic growth in the UAE, and we are proud to collaborate with Dubai Holding Real Estate on this prestigious project. District One West Phase Two will stand out as a model for excellence, reflecting our shared vision for delivering innovative and high-quality developments.”

District One West Phase Two offers 229 villas in a gated community, blending wellness with daily life. Surrounded by flourishing green parks and gardens overlooking the Crystal Lagoon, the development offers a wealth of amenities for recreation and leisure, including a clubhouse, outdoor fitness centre, sports court, cycling and pedestrian trails, children’s play areas, shaded picnic areas and a boardwalk.

District One West Phase Two is located four kilometres from the heart of Downtown Dubai, just minutes away from Meydan Racecourse and 20 minutes from Dubai International Airport, with its nature-focused planning allowing residents to enjoy the tranquillity of the development, away from the bustle of the city. With 60% of the neighbourhood covered in green parks and community gardens, District One West invites residents to experience a life of serenity and convenience amidst beautiful outdoor environments, which includes over 8 kilometers of cycling and running tracks as well as 14 kilometers of shoreline living.

District One West Phase Two is minutes away from the serene Ras Al Khor Wildlife Sanctuary, home to diverse bird species and famous for its winter flocks of flamingos. Residents can explore the sanctuary’s vibrant ecosystems, from salt flats to mangroves, offering a unique connection with nature. Nearby is the Dubai Design District (d3), a hub of creativity where global fashion houses meet emerging local talent. d3 boasts many cafes, co-working spaces and The Block – a waterfront recreational area perfect for leisure.

ENDS

For the video: District One West – Awarding of the construction contract for Phase Two

For images: District One West Phase Two contractor awarding

Media Enquiries

Burson

[email protected]

About Dubai Holding Real Estate

Dubai Holding Real Estate is a member of Dubai Holding and is one of the largest integrated master developers in Dubai, offering a diverse range of residential communities as well as a robust land sales portfolio across unique and highly sought-after locations. Combining the long-standing experience and expertise of Meraas, Nakheel, Meydan and Dubai Properties, the portfolio offers innovative residential real estate solutions across property development, project and facilities management. Each development is built to sell, offering a unique opportunity to be a part of Dubai’s vibrant future. Residents living in its developments can enjoy unique and attractive lifestyle opportunities to meet the evolving needs.

Meraas plays a key role in the development of communities that stimulate creative urban culture and represent some of Dubai’s most sought-after locations. Residential communities of Meraas include the prestigious Bvlgari Residences, Bluewaters Residences, Nikki Beach Residences, City Walk Residences, Central Park at City Walk, Cherrywoods, Port de La Mer and Villa Amalfi.

Nakheel whose landmark projects form an impressive portfolio of master communities that are pivotal to realising Dubai’s vision. Nakheel’s master developments include Palm Jebel Ali, Dubai Islands and the iconic Palm Jumeirah, spanning 15,000 hectares and accommodating nearly 740,000 people.

Meydan is the visionary concept of His Highness Sheikh Mohammed Bin Rashid Al Maktoum, UAE Vice President, Prime Minister and Ruler of Dubai. Its portfolio includes Mohammed Bin Rashid City, District One and the Canal Front Residences.

Dubai Properties is responsible for some of the most iconic property developments and destinations across Dubai, including Business Bay and Jumeirah Beach Residence (JBR) – the first single-phase, 40-tower residential development in the world. Its residential communities in Dubailand include The Villa, Al Waha, Serena, Villanova, Mudon and Remraam, while projects around the Dubai Creek within Jaddaf Waterfront include Dubai Wharf and Manazel Al Khor.

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