Wedoany.com Report-Mar 14, Arabian Construction Company has secured a contract exceeding Dh2bn ($544m) from Dubai Holding Real Estate member Meraas for building Design Quarter at Dubai Design District (d3), United Arab Emirates.
The contract is forecast for completion by mid-2027.
The initiative also marks the inclusion of the initial residential community in d3. The project, which is a key component of d3’s master plan, is set for completion by mid-2027 and aims to establish a ‘creative’ living space.
Design Quarter is set to encompass 558 one-, two-, and three-bedroom apartments distributed across three buildings of one low-rise and two skyscrapers.
These structures are integrated within an elevated podium, which will act as a communal space, fostering a sense of community among residents.
The podium will feature amenities such as pools, co-working areas, and barbecue areas, as well as activity zones for the children.
d3 involves a mix of art galleries, fashion stores, design and creative institutes, and a varied culinary scene.
In alignment with the vision for a car-free and pedestrian-friendly environment, the residential area will be accommodated with car parking via controlled access podium levels.
Dubai Holding Real Estate CEO Khalid Al Malik said: “We are delighted to partner with Arabian Construction Company on this inaugural residential venture. This project not only encapsulates the spirit of artistic living but also contributes significantly to the long-term economic growth of the city in line with Dubai Economic Agenda D33 and the 2040 Urban Master Plan.
“The construction of Design Quarter at d3, is a testament to our commitment to fostering creativity and innovation as crucial drivers for sustainable economic progress.”
