{
  "id": 7975923,
  "title": "Nakheel awards Dh800 million deal to build 537 Dubai Islands homes",
  "url": "https://urgent.news/2026/09/17/nakheel-awards-dh800-million-deal-to-build-537-dubai-islands-homes",
  "topic": "business",
  "section": "Business",
  "published": "2026-09-17T05:49:20.000Z",
  "source": {
    "name": "Gulf News",
    "slug": "gulf-news",
    "url": "https://gulfnews.com/business/property/nakheel-awards-dh800-million-deal-to-build-537-dubai-islands-homes-1.500677701"
  },
  "original_language": "en",
  "account": "Dubai's Nakheel has awarded Metac General Contracting Co a Dh800 million contract to construct 537 homes at the sold-out Bay Grove Residences on Dubai Islands. The main construction works are expected to be completed in late 2028, with Phase 1 featuring 296 homes across four residential buildings and Phase 3 adding another 241 homes across three buildings. The project encompasses one to four bedroom units and includes basement construction, infrastructure, and resident amenities such as swimming pools, play courts, and a fitness centre. Dubai Healthcare City is also contributing to the development with a Dh3 billion project in Dubai Creek Gardens. Nakheel's CEO, Khalid Al Malik, highlighted the strong demand for high-quality waterfront homes in Dubai, stating that the award of this contract signifies a significant step in the development of Dubai Islands.",
  "summary": "Dubai: Construction of 537 homes at the sold-out Bay Grove Residences on Dubai Islands is moving ahead after Nakheel awarded a main construction contract worth more than Dh800 million to Metac General Contracting Co. Get updated faster and for FREE: Download the Gulf News app now - simply click here. The contract covers Phases 1 and 3 of the waterfront development, with the main construction…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}