Infracorp has announced the signing of a strategic agreement with Abr Al Mutawassit Contracting Co to execute the third phase of its ambitious residential project, California Residences, located in the heart of Dubai.
The agreement was signed by Mr Majed Al Khan, Chief Executive Officer and Board Member of Infracorp, and Mr Wael Al Sahawneh, Chief Financial Officer of Abr Al Mutawassit Contracting, marking a new milestone in the development of this project.
This partnership will launch the third phase of California Village, which will include the development of 370 luxury residential units designed in line with the latest quality standards and contemporary designs that meet the needs of modern families.
The third phase of the project is an extension of the remarkable success achieved in the first and second phases of California Village, which were fully completed and delivered to buyers following the conclusion of all construction works.
California Village as a whole comprises over 600 residential units, including villas, apartments and townhouses, offering spacious layouts and elegant designs that strike a perfect balance between urban living and modern housing needs.
“We are delighted to announce our partnership with Abr Al Mutawassit Contracting, which has a proven record of excellence and achievement in the construction sector, and is renowned for applying the highest global quality standards and ensuring precise, on-time delivery.
“Our choice of Abr Al Mutawassit to implement Phase III of California Village reflects our confidence in their ability to realise our ambitious vision for this project, which is to create a sustainable residential community that combines luxury, comfort, and integrated services.”
Majed Al Khan, CEO, Infracorp
The project’s market value exceeds USD 350m and it extends across 112,127 sqm in a prime location near Shaikh Mohammed bin Zayed Road, IMG Worlds of Adventure, and Global Village, providing a fully integrated residential destination with modern amenities and upscale services that enable residents to enjoy an active and healthy lifestyle.
“We are proud of our partnership with Infracorp and look forward to leveraging our decades of expertise in contracting to deliver this distinguished project to the highest standards of quality and precision. California Village represents a forward-looking vision for residential communities, and we are excited to contribute to turning this vision into reality.”
Wael Al Sahawneh, Chief Financial Officer, Abr Al Mutawassit Contractin
