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Local real estate developer Meraas has awarded a AED440m ($120m) contract for the construction of the Northline residential project in the Al-Wasl area of Dubai.

The contract was awarded to the local GCC Contracting Company.

The project includes the construction of three residential buildings. Construction works are expected to begin shortly and the project is slated for completion by 2027.

The enabling works were undertaken by the local International Foundations Group.

The project is part of the recently announced City Walk expansion project.

In June, Merass announced the City Walk Crestlane project as it continued its expansion of the City Walk residential community.

City Walk Crestlane comprises two residential towers offering 198 one- to five-bedroom units.

The project is expected to be completed and handed over by the third quarter of 2028.

Meraas’ latest project contract award in Dubai is backed by heightened real estate activity in the UAE’s construction market. Schemes worth over $323bn are in the execution or planning stages, according to UK analytics firm GlobalData.

The company forecasts that the output of the UAE’s construction sector will grow by 4.2% in real terms in 2025, supported by developments in infrastructure, energy and utilities, as well as residential construction projects.