Arabtec Construction has won a Dh1.6-billion contract from the Emaar Bawadi joint venture to design and construct 1,437 villas. The project will be delivered in phases over a period of 37 months.
"Our vast experience and the variety of projects we've carried out so far, from towers to residential complexes and villas, have demonstrated our ability to fulfil our clients' needs and given us a complete understanding of what our clients look for in their projects," said Arabtec Holding CEO Riad Kamal.
"Developers choose Arabtec because they are confident of the company's ability to accomplish these big projects.
"This mutual trust that has been developed between the company and the clients, based on the clients' satisfaction and the high standards of the company, has firmly positioned Arabtec's name as a symbol of quality and trust."
Arabtec is one of the largest construction companies in the region with expert management, engineering and technical staff and a wealth of experience in the real estate market, including residential villa complexes.
Over the past few years the company has constructed more than 7,000 villas for the Dubai Silicon Oasis Authority, Dubai Properties, the Mohammed bin Rashid Housing Establishment and Emaar, including homes at Emirates Hills, the Lakes, the Meadows, the Springs and Arabian Ranches.
The total number of villas currently under construction by Arabtec exceeds 10,000.
It recently signed a memorandum of understanding with the Tourism Development and Investment Company in Abu Dhabi to design, develop and construct the first phase of Al Saadiyat beachfront villas project.