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FinancialNews


  • 08-11-17

    Akoya Oxygen construction work of Damac begins

    (MENAFN) Leading luxury real estate developer in the region, Dubai-based Damac Properties has initiated further construction work worth over Dh350 million at its largest residential community development, Akoya Oxygen, in October.

    This follows its recent Dh628 million contract awarded to Arabtec Construction in August 2017, to develop 1,296 villas at Akoya Oxygen.

    "Damac continues to initiate major construction projects at Akoya Oxygen to accelerate development to ready its 55-million sq-ft green development in Dubailand to welcome its first residents as early as possible" Senior VP of Commercial at Damac Properties, Mohammed Tahaineh observed.

    MENAFN0811201700450000ID1096054833

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