Construction & Real Estate

Meraas awards $544m contract for Dubai Design District project

Meraas, a member of Dubai Holding Real Estate, has announced that it has awarded a contract worth more than AED2 billion ($544 million) to Arabian Construction Company for development of its prime project Design Quarter at d3 in Dubai.
 
A major project, Design Quarter at d3, includes the first residential community within the Dubai Design District (d3), a global creative and design ecosystem.
 
Scheduled for completion by mid-2027, the Design Quarter at d3 comprises a collection of 558 apartments spread across three buildings – one low-rise and two towering skyscrapers – nestled within a landscaped podium.
 
This elevated podium serves as a communal area, linking the residential towers to form a social hub for the residents, said the developer. 
 
This will include co-working spaces, an indoor-outdoor gym, pool facilities, barbecue areas and fun-filled zones for children's activities, it added.-TradeArabia News Service