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Victory Heights Golf Residential and Development, UAE, the joint venture between Bahrain-based Arcapita and Dubai Sports City, has awarded a contract to Al Jaber Group to construct phase one, comprising 579 of the total projected 935 villas of the prestigious Victory Heights golf course villa community, situated within Dubai Sports City.
The total value of the contract is AED977 million and the first set of homes will be delivered in April, 2008.
“The Victory Heights development is a unique endeavour and choosing the right contractors was imperative to ensure first-class quality,” said Yasser Abdulla, general manager of Victory Heights. “Al Jaber met our stringent requirements given their excellent track record and experience with other high-level developments.”
Victory Heights’ golf course villa community, has already sold out of its phase one villas and town houses, with the exception of a limited number of the five bedroom A and B type villas.
“Victory Heights is one of the most impressive and sought-after residential projects in Dubai. We are delighted to be able to play such an integral role in the project,” added Fatima Al Jaber, Group COO of Al Jaber Group, the Abu Dhabi-based construction company.
