Nakheel, a subsidiary of Dubai Holding Real Estate, has awarded a Dh2.6 billion contract to Fibrex Contracting for the Bay Villas project at Dubai Islands. This project includes 636 luxury units across five unique property types, marking Nakheel’s latest waterfront community development.
Building on a successful partnership with Fibrex Contracting, previously demonstrated in the District One West community at Mohammed Bin Rashid Al Maktoum City, Bay Villas will feature exclusive residences like Townhouses, Semi-detached Villas, Garden Villas, Waterfront Villas, and Beachfront Villas. Residents will have access to top-tier amenities such as three pool houses, a beach club, and landscaped parks.
Khalid Al Malik, CEO of Dubai Holding Real Estate, stated: “Our collaboration with Fibrex Contracting is a significant milestone for Bay Villas, a landmark project that reaffirms our dedication to shaping Dubai’s future with sophisticated spaces residents can call home. This development aligns with our vision of creating waterfront communities that emphasize wellbeing, luxury, and privacy, offering an unparalleled island living experience.”
Located in prime spots along a promenade with exclusive beach access, the three-story Beachfront Villas will offer six bedrooms, a show kitchen, a spacious rooftop lounge and terrace, and a dedicated dining space. The Waterfront Villas will boast panoramic views, while the Garden Villas provide a serene escape amid lush, natural surroundings. The Semi-detached Villas are crafted to offer a modern community feel, and the Townhouses will be part of four- to six-home complexes featuring private gardens.

Overlooking the Arabian Gulf, Bay Villas incorporates traditional design elements like wooden finishes and arabesque detailing, reflecting Dubai’s heritage while optimizing natural light. Residents will enjoy a premium resort lifestyle with a central park, swimming pools, sports facilities, children’s playgrounds, and lush green corridors linking directly to the waterfront, perfect for walking, jogging, and relaxation.
Sufyan S. Saleh, Group Managing Director of Fibrex Contracting, commented: “Fibrex Contracting is proud to collaborate with Dubai Holding Real Estate, a renowned and visionary developer with a remarkable track record of iconic projects. We are honored to extend our successful partnership to the esteemed Bay Villas project at Dubai Islands. As one of the UAE’s leading construction groups, we are dedicated to delivering this flagship development on schedule and upholding the highest industry standards. Equipped with advanced construction technologies, specialized in-house capabilities, and a reliable supply chain network, we are ready to bring this waterfront community to life.”
Developed in accordance with the Dubai 2040 Urban Master Plan, Dubai Islands spans five islands across 18.6 square kilometers, offering approximately 59 kilometers of exclusive waterfront, over 20 kilometers of beaches, and expansive open areas, including parks, golf courses, promenades, and cycling paths. Located near Downtown Dubai and Dubai International Airport, it provides convenient access to world-class hotels, retail, dining, and entertainment venues.





