Dubai's real estate sector continues its strong upward trajectory as Meraas, part of Dubai Holding Real Estate, awards AED 2.4 billion (USD 653 million) in construction contracts to develop 557 luxury villas across The Acres and The Acres Estates in Dubailand. This strategic expansion reinforces Dubai's position as one of the world's most dynamic property markets, driven by sustained demand for high-quality villa communities.

A Significant Expansion of Premium Villa Supply

The newly awarded contracts cover the construction, testing, commissioning, and handover of all 557 villas, marking one of the most substantial villa development phases announced in 2026.

371 villas will be built within The Acres, featuring 3-5 bedroom layouts and full community infrastructure.

186 villas will be delivered in The Acres Estates, offering 5-7 bedroom luxury residences on larger, more exclusive plots.

This expansion comes amid strong buyer appetite from both local and international investors seeking spacious, nature‑integrated homes in master‑planned communities.

Who Will Build the New Communities?

Two major contractors have been appointed:

United Engineering Construction (UNEC) will lead construction for The Acres.

GCC Contracting will deliver The Acres Estates, known for its high‑specification architectural and engineering requirements.

Executives from both firms emphasized their commitment to efficient execution, technical precision, and top‑tier construction standards throughout the project lifecycle.

A Nature‑Integrated Vision for Modern Living

Both communities are designed around a sustainability‑driven master plan:

The Acres centers on Halo Loop Park, a landscaped green space anchoring the community.

The Acres Estates elevates the concept with waterfront features, swimmable lagoons, and curated architectural collections.

The development has also achieved LEED Gold for Communities Precertification, underscoring Meraas commitment to environmentally responsible design and long‑term value creation.

Why This Matters for Dubai's Real Estate Market

This AED 2.4 billion investment signals:

Continued confidence in Dubai's premium villa segment

Growing demand for larger, family‑oriented homes

Strengthening of Dubailand as a hub for master‑planned luxury communities

Increased supply of high‑quality villas amid record‑breaking market performance

Khalid Al Malik, CEO of Dubai Holding Real Estate, highlighted that the award reflects both strong market fundamentals and the company's commitment to delivering quality, distinction, and sustainable community‑led living.