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Reading: Dubai actual property: Meraas awards $517m contract to construct 642 villas at The Acres
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Business

Dubai actual property: Meraas awards $517m contract to construct 642 villas at The Acres

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Last updated: November 26, 2025 5:21 am
Editor
Published: November 26, 2025
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Dubai actual property: Meraas awards 7m contract to construct 642 villas at The Acres


Contents
  • The Acres in Dubai
  • Sustainability credentials

Meraas, a part of Dubai Holding Actual Property, has awarded a contract price AED1.9bn ($517m) to United Engineering Development (UNEC) to construct The Acres, an unique standalone villa group in Dubailand.

The settlement covers the venture’s first launch, comprising 642 villas and group services, with completion scheduled for This autumn 2027.

The three-, four- and five-bedroom villas vary from 3,048 to six,001 sq ft, every that includes a non-public backyard related by landscaped pathways resulting in the central Halo Loop Park and a community of swimmable lagoons.

The Acres in Dubai

Khalid Al Malik, CEO of Dubai Holding Actual Property, stated: “The Acres represents the subsequent chapter in Meraas’ imaginative and prescient to create neighbourhoods the place design, sustainability and wellbeing come collectively seamlessly.

“This partnership with UNEC reinforces our dedication to delivering houses that mirror Dubai’s architectural excellence and assist its broader imaginative and prescient for sustainable city dwelling below the Dubai 2040 Grasp Plan.

“To convey that imaginative and prescient to life, we’re shaping communities that elevate on a regular basis life and set new benchmarks for future-ready dwelling.”

Eng. Abdul Halim Muwahid, Chairman, UNEC, added: “We’re proud to collaborate with Meraas on The Acres, a venture that displays Dubai’s continued management in residential excellence.

“Our dedication to worldwide greatest practices and progressive building requirements will guarantee this improvement delivers excellent high quality and sturdy sustainability efficiency.”

Sustainability credentials

Designed round Halo Loop Park, The Acres integrates neighbourhoods by expansive inexperienced areas and community-focused infrastructure. Sustainability measures purpose to realize:

  • 80 per cent discount in per-capita greenhouse fuel emissions in comparison with the nationwide common
  • 33 per cent lower in water utilization in comparison with the UAE common
  • 100 per cent irrigation from handled wastewater

The event has achieved LEED Gold Pre-certification, underscoring Meraas’ deal with environmentally accountable city design.

Residents can have entry to a nursery, college, clinic, mosques, clubhouses and a retail zone, all related by Halo Loop Park and its seven gardens.

Facilities embody strolling and biking trails, out of doors health areas, kids’s playgrounds, swimming swimming pools and devoted sports activities services.

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Reading: Dubai actual property: Meraas awards $517m contract to construct 642 villas at The Acres
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