Dubai’s Shamal Awards AED 1 Billion Contract for Dubai Harbour Residences
Saturday, 28 June 2025
Dubai-based investment firm Shamal has awarded a contract worth over AED 1 billion ($272 million) to Khansaheb Civil Engineering for the construction of Dubai Harbour Residences. Located in a luxury seafront district, the project will feature low-rise beachfront homes offering sea and skyline views. The announcement signals a major milestone as the development moves into its main construction phase.
Key Highlights:
- Major Contract Awarded: Shamal signs a AED 1 billion+ ($272 million) contract with Khansaheb Civil Engineering for Dubai Harbour Residences.
- Project Scope: The project is part of Dubai Harbour, a luxury seafront district that blends residential, hospitality, retail, and maritime infrastructure.
- Construction Timeline: Work begins immediately following foundation and beachfront formation completion.
- Design and Development Collaboration: Khansaheb will work alongside development partner H&H and renowned Japanese architectural firm Nikken Sekkei.
- Residential Features: The project will include low-rise beachfront homes offering premium views of the sea and Dubai skyline.
- Experienced Contractor: Khansaheb, a UAE-based firm established in 1935, brings a long-standing legacy in delivering large-scale infrastructure and real estate projects.
