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Dubai-based master developer Nakheel has appointed GINCO General Contracting and Bhatia General Contracting to complete the construction of its Tilal Al Furjan project, the company said in a statement.
GINCO General Contracting will work on the project’s first phase, comprising 235 units while Bhatia General Contracting will work on the second phase, consisting of 246 units.
No financial details were disclosed.
Located within the Al Furjan master community, Tilal Al Furjan will be a gated community, comprising four- and five-bedroom villas.
The statement said that the project is slated for handover by the end of 2024.
Last month, Zawya had reported that Nakheel secured 17 billion UAE dirhams ($4.6 billion) in financing from three local lenders to push ahead with the development of new projects, including Dubai Islands.
(Writing by P Deol; Editing by Anoop Menon)
