Meraas, a member of Dubai Holding Real Estate, has awarded a construction contract worth over 690 million UAE dirhams ($188 million) to local firm Bhatia General Contracting Co. for the fourth phase of Nad Al Sheba Gardens villa community in Dubai. 

The 188-unit project, which includes 92 townhouses, 96 villas and two pool houses, is slated to be handed over in the first quarter of 2027, the developer disclosed in a press statement.

Last week, the developer launched Atélis, a 45-storey, 280-unit residential tower in d3, Dubai's creative district. Designed by SOM, the project forms part of d3's AED 825 million ($225 million) expansion programme.

(Writing by Majda Muhsen; Editing by Anoop Menon)

(anoop.menon@lseg.com)

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