UNITED ARAB EMIRATES —Drake & Scull International PJSC has secured an AED 127.8 million contract from Prestige One Developments to serve as the main contractor for Berkeley Square, a premium residential development located in Jumeirah Village Circle, Dubai, United Arab Emirates. Under the terms of the agreement, Drake & Scull International will execute the full construction scope for the project, which encompasses a basement level, ground floor, and five upper floors. Work on the project is scheduled to begin immediately following the finalization of definitive contracts.
Drake & Scull International PJSC is a Dubai-based engineering, construction, and development group specializing in infrastructure, water, energy, and real estate projects across the region. Prestige One Developments is a Dubai-based real estate developer focused on high-quality residential communities in prime urban sectors.
This appointment marks a significant expansion of the Strategic Collaboration Agreement established between both organizations in January, transitioning their partnership from specialized works into full-scale project execution. The contract represents a major commercial milestone for Drake & Scull International as it continues to execute its disciplined post-restructuring strategy, focusing on high-value development projects with established real estate partners.
The project reinforces the strong demand for quality residential construction within Dubai's flourishing real estate market, particularly in high-density development zones like Jumeirah Village Circle. For contractors and developers in the region, the partnership underlines the growing emphasis on engineering precision, execution reliability, and collaborative delivery models to meet accelerating market expectations.
Securing a major main contractor role bolsters Drake & Scull International's strategic positioning and financial momentum, reaffirming market confidence in its operational capacity and long-term shareholder value creation within the United Arab Emirates construction sector.
