Dubai: Meraas, part of Dubai Holding Real Estate, has awarded an AED1.9 billion contract to United Engineering Construction (UNEC) for the construction of its exclusive standalone villa community, The Acres. The agreement includes the first release of 642 villas and associated community facilities, with completion targeted for the fourth quarter of 2027.
According to Emirates News Agency, The Acres is thoughtfully planned around Halo Loop Park, connecting neighborhoods through expansive green spaces and integrated social infrastructure. Khalid Al Malik, Chief Executive Officer of Dubai Holding Real Estate, stated that The Acres represents the next chapter in Meraas' vision to create neighborhoods where design, sustainability, and wellbeing come together seamlessly.
Eng. Abdul Halim Muwahid, Chairman of UNEC, emphasized their commitment to international best practices and innovative construction standards to ensure outstanding quality and robust sustainability performance. Sustainability is a key focus for The Acres, with measures in place to achieve an 80 percent reduction in per capita greenhouse gas emissions compared to the national average and a 33 percent decrease in water usage compared to the UAE average consumption, with all irrigation needs met through treated wastewater.
The project has achieved LEED Gold® Pre-certification for Cities and Communities, underscoring its commitment to sustainable development practices.