UAE-based APCC Piling and Contracting has won an AED165m ($45m) contract from real estate developer Nakheel to build six marinas at its Deira Islands project.
The latest development by Nakheel follows after four contracts, collectively worth more than AED430m ($117m) for islands A and B of the four-island development was awarded in August.
Upon becoming operational, the marinas will be capable of accommodating a total of 614 boats and yachts up to 60 metres long.
Construction is slated to commence during the fourth quarter of 2017, with phased delivery over a period of two years.
Nakheel chairman Ali Rashid Lootah said: “We are investing billions of dirhams to deliver Deira Islands and transform Dubai’s Deira district into a world class hub for tourism, retail, leisure and entertainment.
“Our new coastal city paves the way for hundreds of hotels, residences and attractions, many of which we are developing ourselves under our business diversification strategy.”
Deira Islands, a 15.3 square kilometre waterfront city, will add 40km, including 21km of beach, to Dubai’s coastline and feature hotels, residences and attractions.
Earlier in April, Nakheel awarded a contract for AED4.2bn ($1.14bn) to build Deira Mall, located at the heart of the development.