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Local firm wins Emaar The Valley residences contract

18 April 2025

 

UAE-based real estate developer Emaar Properties has appointed local contractor Parkway International Contracting (PIC) to build the Venera community at its The Valley development on the Dubai-Al-Ain road.

MEED understands that PIC’s scope of work covers the construction of 696 three- to four-bedroom townhouses at the Venera community.

The local Mirage Leisure & Development is the project consultant.

PIC is already executing several projects at The Valley development. In January last year, MEED exclusively reported that Emaar Properties had appointed PIC to build the Elora and Lillia communities.

PIC’s scope on these projects covers the construction of 430 units at the Elora community and 403 units at Lillia.

Elora will feature 284 three-bedroom and 146 four-bedroom townhouses.

In 2021, Emaar awarded the first construction contract to build The Valley’s first cluster, named Eden Villas, to the local Ginco General Contracting.

The design of Eden Villas features cycling and jogging tracks, play areas, a community centre and central gardens.

Local firms Whitespace and Consistent Engineering were involved in the project as the architect and the mechanical, electrical and plumbing consultant, respectively. The project was completed in the second half of 2023.

Several other packages, including Nara, Orania, Talia, Rivana and Farm Gardens, are under execution.

The Valley was launched in November 2019. Emaar Properties’ founder Mohamed Alabbar told local media at the time that the project would comprise “4,500 residential units spanning an area of 200 hectares” and would be “the Arabian Ranches of the future”.

MEED’s May 2025 report on the UAE includes:

> GOVERNMENT & ECONOMY: UAE looks to economic longevity
> BANKING: UAE banks dig in for new era
> UPSTREAM: Adnoc in cruise control with oil and gas targets
> DOWNSTREAM: Abu Dhabi chemicals sector sees relentless growth
> POWER: AI accelerates UAE power generation projects sector
> CONSTRUCTION: Dubai construction continues to lead region
> TRANSPORT: UAE accelerates its $60bn transport push

https://image.digitalinsightresearch.in/uploads/NewsArticle/13719621/main.jpg
Yasir Iqbal

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