DIP is also evaluating bids for an AED 50 million ($14 million) quay wall package, and piling works for the projects’ road infrastructure. The local Ghantoot Transport & General Contracting is carrying out site preparation works.

The Lagoon involves the creation of a series of canals and waterways forming residential islands and a central pearl with a number of commercial high-rise structures.

The project is one of four developments that make up La Ville Contemporaire. DIP is developing two, the Lagoon and Dubai Health Care City II, formerly known as Wellness Village, and its sister company Dubai Properties is developing Business Bay and Al-Jadaf. The UK’s Halcrow is the consultant; US-based Hill International is the project manager.