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Covering major construction projects in the Middle East
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| Country |
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UAE |
| Project Value |
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USD 108,000,000 Estimated |
| Sector |
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Real Estate | Residential |
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PMC |
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PMG - Project Management Group
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Contractor |
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Al Meraikhi Group
(Construction) |
| Profile Type |
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Standalone Project
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| On Hold
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Last Activity:
Construction - Execution
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Initial Completion: 2011
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| Owner |
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National Properties
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| Developer |
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Deyaar DevelopmentDeyaar Development - UAE
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| Location |
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The Lagoons, Dubai, UAE
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| Contract Type |
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Construction |
| Facility Type |
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Residential development |
| Capacity |
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land area: 88,000 sq. m.
224 villas |
| Main Usage |
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 Residential |
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| Background |
National Properties, a subsidiary of National Bonds CorporationNational Bonds Corporation, plans to develop Flamingo Creek, a residential development located in the western part of The Lagoons development in Dubai Creek area.
Flamingo Creek will spread over an area of 88,000 sq. m. and will include 224 villas and related facilities scattered among 15 plots.
PMG is the PMC. |
| Latest Events |
In April 2012, the project was still on hold; and no expected dates to resume work yet revealed. |
| Previous Events |
In 2009, the project was put on hold.
In H2 2008, the main construction contract was awarded to Al Meraikhi Group.
In July 2008, National Bonds CorporationNational Bonds Corporation signed the contract with Deyaar to develop the project.
In April 2008, the ground was broken.
In October 2007, the project was launched. |
| Scope of Work |
Construction of residential development spread over an area of 88,000 sq. m. including:
- 224 villas
- Retail outlets
- Related facilities |
| Project News |
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| Schedule | Contract Phase/Phase | Description |
| Oct 2007 |
Planning | Project launched
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| Apr 2008 |
Construction | Ground broken
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| Jul 2008 |
Construction | Deyaar appointed as developer
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| H2 2008 |
Construction | Main construction contract awarded to Al Meraikhi Group
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| 2009 |
Construction | Project put on hold
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