Nakheel awards Dhs2.6bn Bay Villas contract to Fibrex Contracting

Bay Villas in Dubai render/Image: Supplied

Nakheel, a member of Dubai Holding Real Estate, has awarded a contract worth Dhs2.6bn to Fibrex Contracting for the construction of Bay Villas at Dubai Islands. The waterfront community will feature 636 luxury residences across five distinct property types, marking one of Nakheel’s most ambitious residential projects to date.

The development builds on Nakheel’s established partnership with Fibrex Contracting, following their collaboration on the District One West community in Mohammed Bin Rashid Al Maktoum City (MBRAMC). Bay Villas will introduce a variety of premium homes, including Townhouses, Semi-detached Villas, Garden Villas, Waterfront Villas, and Beachfront Villas, complemented by lifestyle amenities such as three pool houses, a beach club, landscaped parks, and leisure facilities.

Khalid Al Malik, chief executive officer of Dubai Holding Real Estate, said: “Our partnership with Fibrex Contracting marks a key milestone for Bay Villas, a landmark project that underscores our commitment to shaping Dubai’s future through elevated spaces that residents can proudly call home. This development delivers on our vision of designing waterfront communities that prioritise wellbeing, luxury and privacy, all while offering residents an opportunity to enjoy the best of island living.”

Strategically located along a prime promenade with direct beach access, the Beachfront Villas will offer three-storey residences with six bedrooms, a show kitchen, a rooftop lounge and terrace, and a dedicated dining space. Waterfront Villas will provide expansive plots with panoramic views, while Garden Villas will be surrounded by greenery to create a retreat. Semi-detached Villas are designed for a modern community lifestyle, and Townhouses will be arranged in four- to six-home clusters with private gardens.

Read: Dubai Islands: Nakheel launches third phase of Bay Grove Residences

Drawing inspiration from Dubai’s cultural heritage, Bay Villas incorporates traditional design touches, such as wooden finishes and arabesque detailing, while maximizing natural light and open living spaces. Residents will also benefit from a resort-inspired lifestyle, complete with a central park, swimming pools, sports courts, children’s play areas, and green corridors linking directly to the waterfront.

Sufyan S. Saleh, group managing director, Fibrex Contracting, said: “Fibrex Contracting is proud to work with Dubai Holding Real Estate, the region’s most distinguished and visionary developer, known for their exceptional track record in delivering iconic projects. This time, we are honoured to extend our successful collaboration to the prestigious Bay Villas project at Dubai Islands. As one of the UAE’s leading construction groups, we are committed to delivering this flagship development on time, while adhering to the highest industry standards. Through advanced construction technologies, specialised in-house capabilities and our trusted supply chain network, we are well-equipped to bring this waterfront community to life.”

Developed in line with the Dubai 2040 Urban Master Plan, Dubai Islands spans 18.6 square kilometres across five islands. The master development offers 59 kilometres of waterfront, over 20 kilometres of beaches, and expansive open spaces, along with parks, promenades, golf courses, and cycling routes. Located close to Downtown Dubai and Dubai International Airport, it is positioned as a prime destination for world-class hospitality, retail, dining, and entertainment.