Meraas Allocates AED 2.4 Billion for The Acres Villas Development

Post by : Raina Nasser

The The Acres project by Meraas marks a significant advancement as it has allocated AED 2.4 billion for construction contracts related to its villa developments in Dubai. This project encompasses The Acres and The Acres Estates, situated in the vibrant Dubailand area, aimed at satisfying the increasing appetite for high-quality residences from both domestic and foreign investors.

Well-established construction companies have secured the contracts, with United Engineering Construction set to oversee The Acres, while GCC Contracting will manage The Acres Estates. Collectively, they will bring forth 557 villas, featuring a variety of configurations from three to seven bedrooms, tailored for contemporary family lifestyles.

The latest phase of The Acres comprises 371 villas that span three to five bedrooms, complemented by essential community amenities. Meanwhile, The Acres Estates will introduce 186 larger residences ranging from five to seven bedrooms, prioritizing spaciousness and privacy. These homes are envisioned as part of an upscale lifestyle community offering superior amenities.

Project officials note that this development epitomizes the robust demand for luxury villas in Dubai. Emphasizing a blend of nature, comfort, and connectivity, The Acres is meticulously designed around green landscapes and a central park, creating a serene atmosphere paired with state-of-the-art facilities. The Acres Estates expands upon this concept, featuring larger residences with waterfront elements and landscaped areas, including swimmable lagoons.

Moreover, the The Acres project by Meraas underscores a commitment to sustainability. It has achieved LEED Gold certification for its communities, signifying a strong focus on environmentally-friendly design and the efficient utilization of resources.

Nestled in Dubailand, this project is strategically located with convenient access to key roadways such as Sheikh Zayed bin Hamdan Al Nahyan Street and Emirates Road. Additionally, it's proximate to renowned attractions like Global Village, the Dubai Polo & Equestrian Club, and the Hamdan Sports Complex.

By investing in this project, Meraas aims to bolster Dubai’s real estate sector further, offering high-quality housing options. The initiative is anticipated to significantly enhance the city's property market while delivering modern and sustainable living environments for its residents.