Nakheel Signs Two Construction Contracts for Legacy Villas of Jumeirah Park

31st December 2012

Dubai,30 December 2012:  Nakheel has signed today contracts with the newly awarded construction companies for the construction of 381 Legacy Villas at Jumeirah Park, the company announced today.

The First Contract was signed between Nakheel’s CEO Mr Sanjay Manchandaand SS Lootah Contracting, which was represented by their CEO Mr Nasser Saeed Lootah, for the construction of the 5 bedroom Jumeirah Park VillasPackage A1with a total number of 247 villas.

The Second Contract was signed between Nakheel’s CEO Mr Sanjay Manchanda and Arabtec Construction LLC, represented by company’s CEO Mr Greg G. Christofides, for the construction of the 4 Bedroom Jumeirah Park Villas Package A5 with a total number of134 villas.

The Dubai developer, which has sold more than AED 1.2 billion worth of Legacy Villas up to date, is planning to begin construction of project in February, and is anticipated for completion in Q4 2014.

Legacy Villas are the latest addition to Nakheel’sJumeirah Park community, which spans 350 hectaresand, when complete, will have 2,000 homes.So far, 545 villas have been completed.

For more information on Jumeirah Park Legacy Villas, visit the Nakheel Sales Centre or call 04 390 3333.

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