UAE – Mubasher: IMKAN, an Abu Dhabi-based real estate developer, has granted Al Dhabi Contracting an AED 236 million contract to construct the first phase of AlJurf, a second home coastal destination.
As part of the first phase, set to be completed in 2022, Al Dhabi Contracting will build 146 residential units and two villas spanning over an area of 57,851 sqm, according to a press release on Sunday.
IMKAN’s CEO, Walid El Hindi, said: "Our second home destination, AlJurf, is a special project for us, as we have undertaken a guardianship role to preserve the incredible nature found at the site. The development will provide an unparalleled and authentic cultural and living experience, while paying homage to the UAE’s rich heritage."
Meanwhile, Al Dhabi’s General Manager, Samy Edward, remarked: "As a company that has played a major role in the growth of the UAE with its numerous specialised developments, we will be drawing on our unrivalled expertise to bring to life this premium lifestyle concept."
