DAMAC Properties Awards more than AED 1.2 Billion Construction Contracts in 2015

The Club House at Akoya by DAMACBy Accommodation Times News Services

Developer’s Firm Belief in Dubai Real Estate sees Substantial Contracts Awarded in the Last Month

Dubai, United Arab Emirates: For Immediate Release: 17th February 2015. Leading luxury real estate developer DAMAC Properties has awarded five major construction contracts worth a total of AED 1.2 billion so far in 2015.

Signifying the developer’s firm belief in the Dubai real estate market, DAMAC Properties has appointed five contractors for additional work on its two luxury master developments, AKOYA by DAMAC and AKOYA Oxygen in addition to main works packages on three of its serviced hotel apartment’s projects, Privé by DAMAC, Celestia and Vantage.

All of the contracts have been awarded within the last month.

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