Meraas: Meraas Awards Contracts Worth $544Mn to Arabian Construction Company

Meraas, a member of Dubai Holding Real Estate , has announced that it has awarded a contract worth more than AED2 billion ($544 million) to Arabian Construction Company for development of its flagship project Design Quarter at d3 in Dubai . A major project, Design Quarter at d3, includes the first residential community within the Dubai Design District (d3), a global creative and design ecosystem. Scheduled for completion by mid-2027, the Design Quarter at d3 comprises a collection of 558 apartments spread across three buildings-one low-rise and two towering skyscrapers - nestled within a landscaped podium. This elevated podium serves as a communal area, linking the residential towers to form a social hub for the residents, said the developer. This will include co-working spaces, an indoor-outdoor gym, pool facilities, barbecue areas and fun-filled zones for children's activities, it added. D3 is set to open in 2027 For the project, Meraas has partnered with Steven Harrington, harnessing his unique illustrative style and creative spirit to launch this one-of-a-kind living environment. D3 is home to some of the world's leading creative brands, designers, studios and entrepreneurs and features a blend of high-end fashion stores, art galleries, design and creative institutes as well as a diverse culinary scene. To ensure a car-free and pedestrian-friendly environment, car parking will be provided for the residential area through controlled access podium levels. Words by the leadership Khalid Al Malik, Chief Executive Officer of Dubai Holding Real Estate, said: "We are delighted to partner with Arabian Construction Company LLC 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." Hamed Mikati, Chief Operation Officer, Arabian Construction Company LLC, said: "We are thrilled to contribute to this extraordinary development, a project that aligns with the exciting future of Dubai. "Our collaboration with Meraas goes beyond construction, it's about fostering an ecosystem that nurtures creativity and innovation and contributing to Dubai's transformation into a dynamic, creative metropolis."