Arabtec Awarded AED 222 Million Contract for 352 Villas at Villanova by Dubai Properties

Dec 27,2018

Dubai, UAE – 27 December 2018: Arabtec Holding PJSC (Arabtec or Group), a leading contractor for social
and economic infrastructure, today announced that its wholly-owned subsidiary Arabtec Construction has
been awarded an AED 222 million contract by Dubai Properties, a leading UAE master-developer, for the
construction of 352 villas in its Amaranta project in Villanova, Dubai. The contract works will commence
immediately for a duration of 20 months.

Villanova is an easily accessible residential community in Dubailand, located at the intersection of the Dubai
– Al Ain Road with Emirates Road. Centrally located only five minutes away from Sheikh Mohammed Bin
Zayed Road, the distinct community is close-by Dubai’s major business and retail hubs.
The façade design of each of the townhouses is inspired by contemporary Mediterranean architecture, with
the spacious units featuring elegantly finished interiors and bright natural colours that complement a
relaxed lifestyle.

Group Chief Executive Officer, Mr. Hamish Tyrwhitt comments: “We are delighted that Dubai Properties
continue to show confidence in Arabtec Construction through the award of our fifth phase at the Villanova
Project, further building on our solid relationships in our core markets.”