{"id":17120,"date":"2016-06-20T18:25:56","date_gmt":"2016-06-20T11:25:56","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/?p=17120"},"modified":"2016-06-20T16:30:26","modified_gmt":"2016-06-20T09:30:26","slug":"jumeirah-golf-estates-awards-mid-market-homes-contract-to-dubai-based-sumer-contracting-company","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/jumeirah-golf-estates-awards-mid-market-homes-contract-to-dubai-based-sumer-contracting-company\/","title":{"rendered":"Jumeirah Golf Estates awards mid-market homes contract to Dubai-based Sumer Contracting Company"},"content":{"rendered":"


\nJumeirah Golf Estates (JGE) has awarded a contract to build 728 mid-market homes to Dubai-based Sumer Contracting Company as part of its strategy to build more “affordable homes” at its DP World Tour Championship golf course development.The developer, which has been owned by the Dubai government since the global financial crisis, announced that Sumer would build 674 apartments and 54 townhouses at its proposed new Alandalus neighbourhood.JGE said that apartments at the new development would start from Dh597,000 – just a fraction of the price fetched by the large luxury villas which currently huddle around the 1,100 hectare golfing complex.It said that construction of the new development, which was first marketed in May 2015, was due to start this month and completion was scheduled for 2018. It did not say how many of the homes it had sold over the past year.JGE is the latest of a number of Dubai developers to target so called “affordable housing” projects in the hope of attracting buyers. Developers building apartments costing less than Dh1 million include Danube and Nshama.According to property broker JLL, the middle income housing market in Dubai for properties priced around Dh790,000 is going largely untapped while most developers in Dubai have historically catered towards the top end of the market.”The appointment of Sumer Contracting Company is a major milestone in the construction of Alandalus and a pivotal development in Jumeirah Golf Estates’ growth story,” said Yousuf Kazim, chief executive of Jumeirah Golf Estates.”Having previously constructed a range of luxury projects, Sumer Contracting Company was a natural choice for this role, as we create luxury living choices with affordable prices, for a captive audience of buyers.”JGE has completed two of the planned four golf courses at the mega-project and started handing over the first of a planned 1,050 villas at Jumeirah Golf Estates in 2013.Dubai developer Nakheel, which unveiled the project in 2005, had originally promised to complete all four courses by the first quarter of 2007.After two years of falling prices, property brokers in Dubai are divided over whether the Dubai housing market has yet reached its bottom.lbarnard@thenational.aeFollow The National’s Business section on Twitter
\n
\nSource : thenational.ae
\nRead more…Jumeirah Golf Estates awards mid-market homes contract to Dubai-based Sumer Contracting Company<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Jumeirah Golf Estates (JGE) has awarded a contract to build 728 mid-market homes to Dubai-based...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-17120","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-4s8","jetpack-related-posts":[{"id":153496,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/dubai-real-estate-wasl-reveals-massive-jumeirah-golf-estates-expansion-with-12000-new-homes\/","url_meta":{"origin":17120,"position":0},"title":"Dubai real estate: Wasl reveals massive Jumeirah Golf Estates expansion with 12,000 new homes","date":"May 15, 2025","format":false,"excerpt":"\r Jumeirah Golf Estates\u2019 \u2018The Next Chapter\u2019 masterplan spans 4.68 million sqm and includes branded residences, a new golf course, and extensive green spaces\r \r Source : arabianbusiness.com\r Read more...Dubai real estate: Wasl reveals massive Jumeirah Golf Estates expansion with 12,000 new homes","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"https:\/\/i1.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2025\/05\/Jumeirah-Golf-Estates-expansion-4-1000x667-1.jpg?fit=1000%2C667&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":161367,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/dubai-real-estate-ascendas-developers-unveils-12-5mn-bespoke-villa-at-jumeirah-golf-estates\/","url_meta":{"origin":17120,"position":1},"title":"Dubai real estate: Ascendas Developers unveils $12.5mn bespoke villa at Jumeirah Golf Estates","date":"September 22, 2025","format":false,"excerpt":"\r The developer operates in Dubai's property renovation market, focusing on creating individual villas rather than replicating identical homes\r \r Source : arabianbusiness.com\r Read more...Dubai real estate: Ascendas Developers unveils .5mn bespoke villa at Jumeirah Golf Estates","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"https:\/\/i1.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2025\/09\/Ascendas-Developers-Unveil-Maison-Nami-at-Jumeirah-Golf-Estates-Driving-AED-500-Million-Pipeline-of-Luxury-Villas-1000x667-1.jpg?fit=1000%2C667&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":20762,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/damac-to-launch-phase-two-of-akoya-imagine-jumeirah-golf-estates-puts-new-villas-on-market\/","url_meta":{"origin":17120,"position":2},"title":"Damac to launch phase two of Akoya Imagine, Jumeirah Golf Estates puts new villas on market","date":"July 25, 2016","format":false,"excerpt":"\r Damac Properties has said that phase one of its Akoya Imagine villa scheme in Dubai has sold out, while the launch of the second phase will be on July 30.The villas were designed and priced to attract professionals in the under 35 age group, according to Damac. They have\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":42303,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/riviera-group-launches-dh125-million-la-riviera-apartments-in-dubai\/","url_meta":{"origin":17120,"position":3},"title":"Riviera Group launches Dh125 million La Riviera Apartments in Dubai","date":"January 30, 2017","format":false,"excerpt":"\r Property developer Riviera Group has launched a 22-storey apartment block in Jumeirah Village Circle (JVC) worth Dh125 million.La Riviera Apartments will contain 144 mainly one and two-bedroom properties that will range in price from Dh575,000 to Dh1.1 million. There will also be two ground floor retail units.Work on the\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":5874,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/azizi-says-dubai-property-to-recover-fast-as-it-launches-palm-jumeirah-project\/","url_meta":{"origin":17120,"position":4},"title":"Azizi says Dubai property to recover fast as it launches Palm Jumeirah project","date":"February 25, 2016","format":false,"excerpt":"\r \r Afghan developer Azizi Developments has become the latest in a string of property companies to launch new off plan luxury apartments in Dubai.Marketing a block of 90 partly-built apartments on Palm Jumeirah with a press conference and marketing shindig aboard a yacht sailing from Dubai Marina, Azizi attempted\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":11164,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/dubai-property-groups-showcase-projects-to-chinese-buyers\/","url_meta":{"origin":17120,"position":5},"title":"Dubai property groups showcase projects to Chinese buyers","date":"April 22, 2016","format":false,"excerpt":"\r BEIJING \/\/ Jumeirah Golf Estates opened its doors to some of the world's biggest property buyers at Beijing's Luxury Property Showcase on Friday as 120 companies from 35 countries chased Chinese customers.The Chinese have bought everything from luxury homes and commercial units in countries including the United States, Australia,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/17120"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=17120"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/17120\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=17120"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=17120"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=17120"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}