Nakheel invests $204 million in Palm Jebel Ali infrastructure
Nakheel invests $204 million in Palm Jebel Ali infrastructure
Nakheel has signed contracts worth $204 million with DBB Contracting LLC for the next phase of infrastructure work on the artificial island of Palm Jebel Ali in Dubai, according to an official press release.
The Nakheel development company has signed three key contracts totaling more than 750 million dirhams (about $204 million) with contractor DBB Contracting LLC. The contracts cover the next phase of infrastructure work on the landmark Palm Jebel Ali project, a large-scale artificial island in Dubai. The work is scheduled to be completed in the fourth quarter of 2026.
The new phase covers key areas of the island — sections A to G and the Spine District. Infrastructure activities include earthworks, road construction, sidewalks, utilities, power lines, and telecommunications, as well as the construction of main and secondary roads.
“Palm Jebel Ali embodies Dubai's ambition to create an innovative coastal lifestyle. We are delighted to continue our collaboration with DBB Contracting, a trusted partner that has proven its effectiveness,” said Khalid Al Malik, CEO of Dubai Holding Real Estate.
DBB Contracting CEO Eugene Terblanche added, “We are honored to be part of such a large-scale project and to contribute to the future of Dubai.”
The $204 million investment in the development of Palm Jebel Ali confirms Dubai's ambition to set new standards in urban development and infrastructure. This project will not only enhance the economic attractiveness of the region but also mark an important milestone in the implementation of the Dubai 2040 plan, opening up new horizons for living, leisure, and investment.
