Meraas has awarded a contract exceeding AED 450 million to Naresco Contracting LLC for the main construction works of Central Park Plaza
In a significant move for Dubai’s real estate landscape, Meraas, a prominent player in the development sector and a member of Dubai Holding Real Estate, has partnered with Naresco Contracting LLC. The awarded contract, valued at over AED 450 million, is earmarked for the construction of the highly anticipated high-end residential development known as Central Park Plaza. This project marks an exciting addition to City Walk, one of Dubai’s most sought-after lifestyle destinations, with an expected completion date set for the third quarter of 2027.
Central Park Plaza is poised to redefine luxury living, featuring two architecturally striking towers nestled amidst lush greenery. Tower A and Tower B will soar to heights of 23 and 20 floors, respectively. Collectively, they will house a total of 212 intricately designed living spaces, including one-, two-, three-, and four-bedroom apartments, spacious four-bedroom townhouses, and exclusive penthouses. This diverse offering caters to a wide array of upscale lifestyles, placing residents in one of Dubai’s most coveted neighborhoods.
As the final addition to Central Park within City Walk, Central Park Plaza aims to elevate the experience of urban living by seamlessly integrating the vibrancy of city life with peaceful natural surroundings. Residents will enjoy this unique blend, with green spaces, active lifestyle facilities, and an atmosphere designed to foster community and well-being.
Commenting on the initiative, Khalid Al Malik, Chief Executive Officer of Dubai Holding Real Estate, emphasized the project’s commitment to enhancing urban community living. He stated, “Central Park Plaza at City Walk is poised to provide a new level of urban community lifestyle right in the heart of Dubai, embodying our commitment to develop refined destinations that prioritize community living and well-being.” His excitement reflects a broader vision to create innovative living experiences that resonate with contemporary lifestyles.
Omar Abdulla Al Arif, General Manager of Naresco Contracting, expressed enthusiasm about partnering on this ambitious project. He stated, “We are excited to be part of City Walk’s expansion, which aims to solidify the destination’s status as the city’s most distinguished address for urban living within nature.” This collaborative effort marks a significant milestone for Naresco, showcasing its commitment to contributing to Dubai’s global prominence as a leading urban destination.
The architectural design of Central Park Plaza is more than just eye-catching; it encompasses a lifestyle that harmonizes the fast-paced living of the metropolis with the serenity found in nature. This interplay is a crucial aspect of the development, allowing residents to experience both the energetic buzz of city life and the tranquility offered by its lush, green surroundings. The stunning views of the Dubai skyline further enhance this living experience, making it truly exceptional.
Central Park Plaza doesn’t just offer residences; it provides a complete lifestyle. Residents will have access to an impressive array of premium amenities designed to support an active lifestyle right at their doorstep. These features include swimming pools, dedicated children’s play areas, a running track, dog parks, multi-purpose sports lawns, tennis and squash courts, and even a half-court basketball area. For those seeking relaxation and wellness, the development will include a spa, sauna, and areas for yoga and meditation. Furthermore, various dining outlets, retail stores, function rooms, and a nursery will round out the lifestyle experience, ensuring convenience and engagement for all residents.
