JIIC awards Dh400 million contract for construction of Jubail Town Centre

Staff Report

Dubai, UAE

Jubail Island Investment Company (JIIC) has awarded the construction contract for Jubail Town Centre in Souk Al Jubail, the commercial and retail hub of Jubail Island, to Bright Accord General Contracting Company. The contract, estimated at nearly Dh 400 million, comprises four office buildings and two residential buildings – Jubail Terraces buildings 7 and 8. The groundbreaking for Jubail Town Centre is expected to start in Q3 2024, with a completion target of Q3 2026.

Strategically positioned at the heart of Jubail Island within Souk Al Jubail village, Jubail Town Centre is composed of 40+ retail outlets, F&B pavilions, residential, commercial offices and a central plaza. Within the Town Centre, Jubail Terraces offers luxury apartments in various configurations, including studios, one- to three-bedroom units, and duplexes. Retail spaces are in close proximity to the residences, enabling convenient access to residents and visitors.

Furthermore, the Town Centre will feature outdoor spaces and parks, a mosque, a specialised medical clinic, a nursery, a supermarket, fitness centres, wellness hubs, and a community centre.

Engineer Abdulla Saeed Al Shamsi, Corporate Director of JIIC, said, “JIIC is committed to delivering high-quality developments that enhance the lives of residents and visitors to Jubail Island. Jubail Town Centre is a testament to our vision of creating a dynamic community that harmonizes with the natural beauty of Jubail Island. We are thrilled to embark on this project with Bright Accord General Contracting Company and look forward to the successful completion of this exciting project”.

When complete, Jubail Island will feature community centres, mosques, a medical clinic, educational institutions, a supermarket, and a premier beach club. It will also offer a 65-berth world-class marina, yacht clubs, as well as indoor and outdoor gyms, walking and cycling paths, community pools, kids’ play areas, and 1.4 million square meters of parks and open spaces.

Owned by JIIC and developed and managed by Lead Real Estate Developer, Jubail Island will comprise six residential villages nestled among the natural beauty and rich biodiversity of the mangroves. The low density, low-impact landmark community will be a new addition to Abu Dhabi’s real estate landscape, blending sustainable living, luxury, and wellness.

Ends

Also read: Dh15 bn Jubail Island begins handover of 44 units in Nad Al Dhabi

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Share post:

Popular

More like this
Related

MAG unveils Dh350 million MAG 777 in Dubai Sports City

Staff Report, Dubai, UAE MAG Lifestyle Development, one of the leading...

Union Properties launches Dh2 bn Takaya project in Motor City

Staff Report Dubai, UAE  Union Properties PJSC has officially launched its...

EIH announces sale of units at Lamar Residence  

Staff Report Dubai, UAE  Ethmar International Holding (EIH) has announced the...

Reef Luxury Developments launches in UAE with Dh14 billion investment by December 2025

Staff Report Dubai, UAE Reef Luxury Developments, a luxury real estate...