Dubai South: Al Kharafi awarded $1.5 billion South Bay contract

  • Date: 04-Apr-2024
  • Source: Construction Week
  • Sector:Real Estate
  • Country:UAE
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Dubai South: Al Kharafi awarded $1.5 billion South Bay contract

The contract is worth $1.5 billion (AED5.5 billion) for works on the three phases.

Developer Dubai South Properties has appointed Al Kharafi Construction Company to build phases three, four, and five of its flagship project South Bay, located in the Residential District alongside Expo Road.

Slated for a Q1 2027 completion, the fourth phase will incorporate 138 units comprising three-, four-, and five-bedroom villas and a limited number of five- to seven-bedroom mansions.

Last year, Dubai South Properties appointed GINCO General Contracting LLC to construct the project’s first two phases and the infrastructure facilities for the project.

When completed, South Bay will feature over 800 villas and townhouses, more than 200 luxurious waterfront mansions, a 1-kilometre lagoon, more than 3km of a waterfront promenade with cafes, multiple beaches, a clubhouse, state-of-the-art fitness centres, lush parks, a shopping mall, a renowned spa, kids’ clubs, waterparks, swimming pools, a lake park, and private beaches, among other amenities.

Previously, Dubai South Properties appointed Al Kharafi Construction, the construction arm of Mohammed Abdulmohsin Al Kharafi & Sons company, to build The Pulse Beachfront Villas Community, also located in Dubai South at the Residential District.

“We are confident that the expertise of the appointed contractor will help us realise this project,