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Tue, 02 Dec 2008 | 23:01 GMT

Projects Monitor 

Updated: 28Oct08
 
Nakheel - Dubai Waterfront - Veneto
Country : UAE
Contract Value : N/A
Sector : Real Estate | Mixed Development
Contractors : Wade Adams (Infrastructure) |  Al Jaber Group - UAE
Profile Type :  Contract Package  | Related Projects (2)
Status
Construction
Execution

Completion: 2012
 
 
Owner : NakheelNakheelLoading... - UAE
Location : Jebel Ali
Contract Type : Construction
Facility Type : Residential and commercial development
Capacity : Total area: 2 million sq. m.
Total built-up area: 860,000 sq. m.
13,900 residents
Background NakheelNakheelLoading... is developing Veneto, a residential and commercial development located in Dubai Waterfront, Jebel Ali.

Veneto is a 2 million sq. m. development that includes 2,613 residential units, office space, retail outlets, and dining facilities. Once completed, it will accomodate 13,900 residents.

This project is the third phase of Dubai Waterfront, a 3.3 million sq.m. community development that comprises four districts: the Boulevard, Madinat Al Soor, the Resort, and the Marina.

NakheelNakheelLoading... is the design consultant.
Current Status The construction and infrastructure works are currently under execution. The first set of villas will be completed in Q2 2009. Infrastructure works are expected to be completed in Q4 2009. The project is expected to be completed in 2012.

In May 2008, the USD 545 million construction contract for 740 villas was awarded to Al Jaber Group and construction started.

In January 2008, the civil works started in Veneto East.

In Q1 2008, Wade Adams was awarded the infrastructure contract.
Scope of Work Development of infrastructure facilities including sewerage, drainage, district cooling, gas pipelines, roads, footpaths and fire fighting facilities.

Construction of 1,413 villas, 1200 low rise apartments, office space, retail outlets, and dining facilities.
Expected Schedule
PhaseScheduleDescription
Construction Q2 2009 First set of villas expected to be completed
  Q4 2009 Infrastructure works expected to be completed
Completion 2012 Project expected to be completed
Related Projects
Type Project Name Contract Value
Nakheel - Dubai Waterfront USD 3,500,000,000
Nakheel - Madinat Al Arab - Infrastructure USD 200,000,000
PhaseScheduleDescription
Construction Jan 2008 Civil works started in Veneto East
  Q1 2008 Infrastructure contract awarded to Wade Adams
  May 2008 Contract for 740 villas awarded to Al Jaber Group
  May 2008 Construction started
  Q2 2009 First set of villas expected to be completed
  Q4 2009 Infrastructure works expected to be completed
Completion 2012 Project expected to be completed

Project News

13-May-2008 UAE: Nakheel signs deal worth over Dh2b for Veneto - Khaleej Times
16-Apr-2008 Nakheel launches Veneto - Khaleej Times
02-Apr-2008 Nakheel commences development work on Veneto phase of Waterfront - Emirates Business 24/7
 
Nakheel Center, Al Sufouh Road, P.O. Box 17777, Dubai, United Arab Emirates
Tel: +971 4-390-3333 | Fax: +971 4-390-3314 | Email: info@nakheel.com | Website: http://www.nakheel.ae
  • Name: Endro Van Niekerk
    Position: Construction Manager
 
Wade Adams
Contractor - Infrastructure
Wade Adams Middle East Ltd.Liaison Office: Wade Adams Contracting, P.O. Box: 4337, Dubai
Tel: +971 4-266-6833 | Fax: +971 4-269-3039 | Email: wadeadam@emirates.net.ae | Website: http://www.wadeadams.com
  • Name: Bashir Al Kassab
    Position: Construction Manager
 
Al Jaber Building, Musafah Street, P.O. Box 2175, Abu Dhabi, United Arab Emirates
Tel: +971 2-555-4300,+971 2-204-0240 | Fax: +971 2-555-3370 | Email: aje@emirates.net.ae | Website: www.aljaber.com
Key:    Master Project    Contract Package
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