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Majid Al Futtaim awards contract for $817m Elysian Mansions project

DUBAI, February 19, 2024

Majid Al Futtaim Development has signed up Innovo Build, the design and construction arm of Innovo Group, as the main contractor for its AED1.13 billion ($817 million) Elysian Mansions project within Tilal Al Ghaf community in Dubai. 
 
Headquartered in London, the Innovo Group is a leader in urban development that specialises in the design, engineering, and construction of city projects across four continents. It has offices in Dubai, Abu Dhabi, Toronto, Cairo, Senegal, and Riyadh.
 
A premium project for the Majid Al Futtaim, the Elysian Mansions boasts 94 mansions, which are expected to be completed by mid-2026.
 
It will feature a distinct collection of five-to-six-bedroom waterfront villas inspired by Greek mythology, with living areas starting at 11,000 sq ft, stated the developer. 
 
The development will bring together art, culture, architecture, and nature to create human-centric living spaces that will drive a sense of community. It features technology-enabled homes with a sophisticated architectural style that will establish the community as a hallmark development.
 
On the contract win, Group CEO Bishoy Azmy said: “Innovo is proud to continue to be the contractor of choice for major developments in Dubai. We are particularly excited to bring our commitment to sustainable building practices to this community, delivering Dubai’s first BREEAM-certified project."
 
BREEAM (Building Research Establishment Environmental Assessment Method) is the world’s leading science-based validation and certification system for a sustainable built environment.
 
It uses recognised measures of sustainable performance set against established benchmarks, to provide an independent, third-party evaluation of a building’s specification, design, construction and use
 
“This project will also allow us to harness our fantastic team and cutting-edge technology to deliver a flagship community for our customers," stated Azmy.
 
"The construction of the Elysian Mansions demonstrates our ability to build the highest quality homes that place people and the community at the heart of all the residential developments we create," he added.-TradeArabia News Service



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