The local Arabtec Construction has received a letter of acceptance from local developer Emaar Properties for the AED520m ($141m) design and build contract covering 68 villas at Dubai Polo & Equestrian Club in Arabian Ranches. The contract duration is 32 months.
The award takes the total number of villas currently under construction by Arabtec to 2,700 villas including 940 villas for the Mohamed Bin Rashid Housing Programme, 712 villas for Emaar and 1,047 for Dubai Silicon Oasis.
Arabtec has already completed and delivered over 6,300 villas in the last six years, including 4,702 villas for Emaar at Emirates Hills, Emirates Lakes, Meadows, Springs, and Arabian Ranches, 560 villas for Dubai Silicon Oasis, 558 villas for Dubai Properties, and 554 villas for Mohamed Bin Rashid Housing Programme.
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