Jubail Island Investment Company (JIIC) has awarded a Dh40 million ($11m) contract to Al Dhafra Pipeline & Contracting Company (APCC) for the new 66-berth Marina in the Marfa Al Jubail community.
Handover of the luxury waterfront project with a marina, houses and yacht club is expected by mid-2024, while the district within Marfa Al Jubail is set to launch in October, JIIC said.
The district will consist of 41 townhouses and 18 apartments, surrounded by mangroves.
Marfa Al Jubail will be anchored by a luxury yacht club complex and boardwalk, with restaurants and alfresco cafes.
“Marfa Al Jubail will be part of the array of social attractions and amenities within the island, that is unlike anything else in the capital," said Abdulla Saeed Al Shamsi, operations corporate director at JIIC.
"The contract signing reinforces JIIC’s commitment to developing a landmark destination and a premier marine community that is synonymous with luxury living.”
Jubail Island, located between Saadiyat Island and Yas Island, will have six residential village estates covering more than 400 hectares and will be home to 10,000 residents within four years.
Building heights at Jubail Island will be strictly controlled, with no villa exceeding 15 metres.
The project received a boost in April when Abu Dhabi Islamic Bank provided a Dh500 million ($136m) Sharia-compliant financing facility for development and construction.
The funding covers the infrastructure works and building of up to 453 villas and 133 town houses as part of the first phase of development.
A contract to build the first 300 villas was awarded to Arabian Construction Company in April 2021. At the time, JIIC said 60 per cent of the site's infrastructure was complete.
A number of new large-scale housing projects have been announced in Abu Dhabi so far this year.
Close to Jubail Island will be Louvre Abu Dhabi Residences by Aldar, while Reem Hills will be a $2.1bn gated villa community with a man-made hill on Reem Island.
Bloom Holding is also tapping into the gated community model with its Dh9bn Bloom Living project, near Abu Dhabi International Airport.
Masters%20of%20the%20Air
%3Cp%3E%3Cstrong%3EDirectors%3A%3C%2Fstrong%3E%20Cary%20Joji%20Fukunaga%2C%20Dee%20Rees%2C%20Anna%20Boden%2C%20Ryan%20Fleck%2C%20Tim%20Van%20Patten%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EStarring%3A%3C%2Fstrong%3E%20Austin%20Butler%2C%20Callum%20Turner%2C%20Anthony%20Boyle%2C%20Barry%20Keoghan%2C%20Sawyer%20Spielberg%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ERating%3A%3C%2Fstrong%3E%202%2F5%3C%2Fp%3E%0A
The President's Cake
Director: Hasan Hadi
Starring: Baneen Ahmad Nayyef, Waheed Thabet Khreibat, Sajad Mohamad Qasem
Rating: 4/5
What is graphene?
Graphene is extracted from graphite and is made up of pure carbon.
It is 200 times more resistant than steel and five times lighter than aluminum.
It conducts electricity better than any other material at room temperature.
It is thought that graphene could boost the useful life of batteries by 10 per cent.
Graphene can also detect cancer cells in the early stages of the disease.
The material was first discovered when Andre Geim and Konstantin Novoselov were 'playing' with graphite at the University of Manchester in 2004.
The biog
Favourite colour: Brown
Favourite Movie: Resident Evil
Hobbies: Painting, Cooking, Imitating Voices
Favourite food: Pizza
Trivia: Was the voice of three characters in the Emirati animation, Shaabiyat Al Cartoon
The specs
Engine: 3.6 V6
Transmission: 8-speed auto
Power: 295bhp
Torque: 353Nm
Price: Dh155,000
On sale: now
Timeline
2012-2015
The company offers payments/bribes to win key contracts in the Middle East
May 2017
The UK SFO officially opens investigation into Petrofac’s use of agents, corruption, and potential bribery to secure contracts
September 2021
Petrofac pleads guilty to seven counts of failing to prevent bribery under the UK Bribery Act
October 2021
Court fines Petrofac £77 million for bribery. Former executive receives a two-year suspended sentence
December 2024
Petrofac enters into comprehensive restructuring to strengthen the financial position of the group
May 2025
The High Court of England and Wales approves the company’s restructuring plan
July 2025
The Court of Appeal issues a judgment challenging parts of the restructuring plan
August 2025
Petrofac issues a business update to execute the restructuring and confirms it will appeal the Court of Appeal decision
October 2025
Petrofac loses a major TenneT offshore wind contract worth €13 billion. Holding company files for administration in the UK. Petrofac delisted from the London Stock Exchange
November 2025
180 Petrofac employees laid off in the UAE
UAE currency: the story behind the money in your pockets
