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Dubai real estate: Meydan awards $272mn contract for phase two of District One West project

The project, set for completion in Q1 2028, will include construction of four-, five- and six-bedroom villas alongside infrastructure works

Meydan awards over AED 1 billion construction contract for District One West Phase Two_01
Image: Supplied

Meydan, part of Dubai Holding Real Estate, has awarded Ginco General Contracting LLC a contract worth over AED1 billion for Phase Two of District One West in Mohammed Bin Rashid Al Maktoum City.

The project, set for completion in Q1 2028, will include construction of four-, five- and six-bedroom villas alongside infrastructure works.

Ginco General Contracting brings 35 years of regional experience to the development.

New Dubai development to feature 229 waterfront villas by 2028

Meydan awards over AED 1 billion construction contract for District One West Phase Two in Dubai
Dubai Holding Chief Land Estates Officer Nasser Al Awadhi and Ginco General Contracting Managing Director, Eng. Masood Gheyath sign the construction contract for District One West Phase Two in Mohammed Bin Rashid Al Maktoum City

“District One West Phase Two at Mohammed Bin Rashid Al Maktoum City reflects our unwavering commitment to redefining luxury living within this prestigious master development. With world-class designs and exceptional quality, District One West Phase Two will set new benchmarks in premium residential experiences for our growing base of luxury homebuyers,” Khalid Al Malik, Chief Executive Officer of Dubai Holding Real Estate said.

The development comprises 229 villas in a gated community on Crystal Lagoon’s waterfront.

Facilities include a clubhouse, outdoor fitness centre, sports court, cycling and pedestrian trails, children’s play areas, picnic areas and a boardwalk.

“The construction and real estate sectors are a key driver of economic growth in the UAE, and we are proud to collaborate with Dubai Holding Real Estate on this prestigious project. District One West Phase Two will stand out as a model for excellence, reflecting our shared vision for delivering innovative and high-quality developments,” Eng. Masood Gheyath, Managing Director of Ginco General Contracting added.

Located four kilometres from Downtown Dubai, the development sits near Meydan Racecourse and 20 minutes from Dubai International Airport.

The project features 60 percent green space, with eight kilometres of cycling and running tracks and 14 kilometres of shoreline.

Residents will have access to Ras Al Khor Wildlife Sanctuary, known for its winter flamingo populations, and Dubai Design District (d3), which houses fashion houses, cafes, and The Block waterfront area.

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