DAMAC Signs AED 1.4 bn- Contracts in 2017

Sunday, 12th March 2017

Dubai’s leading luxury real estate developer, DAMAC Properties, announces awarding 121 construction, supplier, and consultancy contracts worth of AED 1.4 bn during January and February 2017, Invest-Gate reports.

According to a statement, the main contracts include five of DAMAC Properties’ highly-anticipated projects in Dubai, including the golf community AKOYA Oxygen, DAMAC Hills, AYKON City on Sheikh Zayed Road, as well as, Avanti Tower and Merano Tower; both in the Business Bay area.  

“Sustaining momentum from the successful launch of the Trump International Golf Club Dubai at DAMAC Hills, work has been steadily progressing as the community takes shape,” says Senior Vice President – Commercial at DAMAC Properties Mohammed Tahaineh.

“We are also pleased with the level of progress at AKOYA Oxygen, AYKON City, Avanti Tower, and Merano Tower. Our appointment of these reputable contractors, consultants, and suppliers is to guarantee the completion of our projects at various stages of development,” he adds.

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