{"article":{"annotation":{"article_id":"parkway-meraas-city-walk-crestlane-phase-3-main-construction-contract-september-2026","available_at":"2026-10-06T23:11:45.734575Z","geography_revision":"ef6ee0010dda5fe7b240fd514749b43e214c57da73222d2e40ec83b276dd0977","id":"cef87dce0794716020d8214a1858fd7ba654a4f038e5b382dc1f2e78770d7b38","input_sha256":"4d21affb7f0a1e16146c73044c94e5693fbde11219ea6105397d00b4bcd227a9","limitations":["Rule-derived subjects are candidates, not verified editorial labels or calibrated model probabilities.","Coverage is distinct from event location. 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The contract is for the delivery of 394 apartments across four residential buildings in Phase 3 of City Walk Crestlane in Dubai.","Meraas said construction has already commenced and that completion is anticipated by Q3 2028. It describes Crestlane as an extension of City Walk’s walkable urban environment, with landscaped open spaces and water features. Across the wider community, residents are to have swimming pools, sports facilities, a fitness centre, a floating clubhouse and an outdoor cinema.","The release gives the value only as more than AED 590 million, not an exact amount, and does not say when the contract was signed."],"sections":[]},"corrections":[{"at":"2026-10-07T00:52:10+03:00","language":"en","text":"German and Portuguese editions and translations of the data and correction explanations have been added to this article."}],"country":"AE","data":{"blocks":[{"description":{"ar":"قيمة العقد وعدد الشقق كما وردت في بيان «مراس» الصادر في 7 سبتمبر 2026 والمنشور عبر «دبي القابضة».","de":"Vertragswert und Wohnungszahl laut Mitteilung von Meraas vom 7. September 2026, veröffentlicht von Dubai Holding.","en":"Contract value and apartment count stated in the Meraas release of 7 September 2026, published by Dubai Holding.","es":"Valor del contrato y número de apartamentos indicados en el comunicado de Meraas del 7 de septiembre de 2026, publicado por Dubai Holding.","fr":"Valeur du contrat et nombre d’appartements indiqués dans le communiqué de Meraas du 7 septembre 2026, publié par Dubai Holding.","pt":"Valor do contrato e número de apartamentos conforme comunicado da Meraas de 7 de setembro de 2026, publicado pela Dubai Holding.","tr":"Dubai Holding’in yayımladığı Meraas duyurusunda (7 Eylül 2026) belirtilen sözleşme bedeli ve daire sayısı."},"id":"contract-scope-figures","items":[{"basis":"observed","label":{"ar":"قيمة العقد","de":"Vertragswert","en":"Contract value","es":"Valor del contrato","fr":"Valeur du contrat","pt":"Valor do contrato","tr":"Sözleşme bedeli"},"measure":{"aggregation":"stock","frequency":"irregular","geography":"dubai","id":"city-walk-crestlane-phase-3-contract-value","periodRole":"announcement-date","unitCode":"million-aed"},"period":"2026-09-07","unit":"million AED","value":590,"valueQualifier":"lower-bound"},{"basis":"target","label":{"ar":"الشقق المشمولة بالعقد","de":"Vom Vertrag umfasste Wohnungen","en":"Apartments covered by the contract","es":"Apartamentos incluidos en el contrato","fr":"Appartements couverts par le contrat","pt":"Apartamentos abrangidos pelo contrato","tr":"Sözleşme kapsamındaki daireler"},"measure":{"aggregation":"stock","frequency":"irregular","geography":"dubai","id":"city-walk-crestlane-phase-3-apartments","periodRole":"announcement-date","unitCode":"count"},"period":"2026-09-07","unit":"count","value":394},{"basis":"target","label":{"ar":"المباني السكنية المشمولة بالعقد","de":"Vom Vertrag umfasste Wohngebäude","en":"Residential buildings covered by the contract","es":"Edificios residenciales incluidos en el contrato","fr":"Immeubles résidentiels couverts par le contrat","pt":"Edifícios residenciais abrangidos pelo contrato","tr":"Sözleşme kapsamındaki konut binaları"},"measure":{"aggregation":"stock","frequency":"irregular","geography":"dubai","id":"city-walk-crestlane-phase-3-buildings","periodRole":"announcement-date","unitCode":"count"},"period":"2026-09-07","unit":"count","value":4}],"methodology":{"ar":"مبلغ 590 مليون درهم حد أدنى لأن «مراس» ذكرت أن القيمة تتجاوز 590 مليون درهم. وأعداد الشقق والمباني مخطط لها وليست مكتملة.","de":"590 Millionen AED sind eine Untergrenze, da Meraas den Wert mit „mehr als 590 Millionen AED“ angab. Wohnungs- und Gebäudezahlen sind Planwerte und keine fertiggestellten Einheiten.","en":"The AED 590 million is a lower bound because Meraas gave the value as more than AED 590 million. The apartment and building counts are planned figures, not completed units.","es":"Los 590 millones de dirhams son un límite inferior, porque Meraas indicó un valor superior a 590 millones de dirhams. Las cifras de apartamentos y edificios son previstas, no unidades terminadas.","fr":"Les 590 millions de dirhams constituent une borne inférieure, Meraas ayant indiqué une valeur supérieure à 590 millions de dirhams. Les nombres d’appartements et d’immeubles sont des chiffres prévus, et non des unités achevées.","pt":"AED 590 milhões é um limite inferior, pois a Meraas informou um valor superior a AED 590 milhões. As contagens de apartamentos e edifícios são números planejados, não unidades concluídas.","tr":"590 milyon BAE dirhemi bir alt sınırdır; çünkü Meraas değeri 590 milyon BAE dirhemini aşan bir tutar olarak belirtti. Daire ve bina sayıları planlanan sayılardır, tamamlanmış birimler değildir."},"sourceUrls":["https://www.dubaiholding.com/en/media-hub/press-releases/meraas-awards-over-aed-590-million-main-construction-contract-for-city-walk-crestlane"],"title":{"ar":"أرقام العقد ونطاقه","de":"Vertrags- und Umfangsangaben","en":"Contract and scope figures","es":"Cifras del contrato y del alcance","fr":"Chiffres du contrat et du périmètre","pt":"Valores do contrato e escopo","tr":"Sözleşme ve kapsam 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Holding","publishedAt":"2026-09-07","url":"https://www.dubaiholding.com/en/media-hub/press-releases/meraas-awards-over-aed-590-million-main-construction-contract-for-city-walk-crestlane"}],"summary":"Meraas awarded Parkway International Contracting a main construction contract worth more than AED 590 million for 394 apartments in four buildings in Phase 3 of City Walk Crestlane, Dubai, it announced on 7 September 2026.","text":"Meraas awarded Parkway International Contracting a main construction contract worth more than AED 590 million for 394 apartments in four buildings in Phase 3 of City Walk Crestlane, Dubai, it announced on 7 September 2026.\n\nMeraas, a member of Dubai Holding Real Estate, announced on 7 September 2026 that it has awarded Parkway International Contracting a main construction contract worth more than AED 590 million. The contract is for the delivery of 394 apartments across four residential buildings in Phase 3 of City Walk Crestlane in Dubai.\n\nMeraas said construction has already commenced and that completion is anticipated by Q3 2028. It describes Crestlane as an extension of City Walk’s walkable urban environment, with landscaped open spaces and water features. Across the wider community, residents are to have swimming pools, sports facilities, a fitness centre, a floating clubhouse and an outdoor cinema.\n\nThe release gives the value only as more than AED 590 million, not an exact amount, and does not say when the contract was signed.\n\nGerman and Portuguese editions and translations of the data and correction explanations have been added to this article.","title":"Parkway awarded over AED 590 million City Walk Crestlane construction contract","topics":["epc-contractors"],"translations":[{"api_url":"https://newsverum.com/api/v1/articles/parkway-meraas-city-walk-crestlane-phase-3-main-construction-contract-september-2026?lang=tr","language":"tr","url":"https://newsverum.com/tr/news/parkway-meraas-city-walk-crestlane-phase-3-main-construction-contract-september-2026"},{"api_url":"https://newsverum.com/api/v1/articles/parkway-meraas-city-walk-crestlane-phase-3-main-construction-contract-september-2026?lang=en","language":"en","url":"https://newsverum.com/en/news/parkway-meraas-city-walk-crestlane-phase-3-main-construction-contract-september-2026"},{"api_url":"https://newsverum.com/api/v1/articles/parkway-meraas-city-walk-crestlane-phase-3-main-construction-contract-september-2026?lang=ar","language":"ar","url":"https://newsverum.com/ar/news/parkway-meraas-city-walk-crestlane-phase-3-main-construction-contract-september-2026"},{"api_url":"https://newsverum.com/api/v1/articles/parkway-meraas-city-walk-crestlane-phase-3-main-construction-contract-september-2026?lang=fr","language":"fr","url":"https://newsverum.com/fr/news/parkway-meraas-city-walk-crestlane-phase-3-main-construction-contract-september-2026"},{"api_url":"https://newsverum.com/api/v1/articles/parkway-meraas-city-walk-crestlane-phase-3-main-construction-contract-september-2026?lang=es","language":"es","url":"https://newsverum.com/es/news/parkway-meraas-city-walk-crestlane-phase-3-main-construction-contract-september-2026"},{"api_url":"https://newsverum.com/api/v1/articles/parkway-meraas-city-walk-crestlane-phase-3-main-construction-contract-september-2026?lang=de","language":"de","url":"https://newsverum.com/de/news/parkway-meraas-city-walk-crestlane-phase-3-main-construction-contract-september-2026"},{"api_url":"https://newsverum.com/api/v1/articles/parkway-meraas-city-walk-crestlane-phase-3-main-construction-contract-september-2026?lang=pt","language":"pt","url":"https://newsverum.com/pt/news/parkway-meraas-city-walk-crestlane-phase-3-main-construction-contract-september-2026"}],"url":"https://newsverum.com/en/news/parkway-meraas-city-walk-crestlane-phase-3-main-construction-contract-september-2026"},"version":"1"}