DAMAC Properties Secures Contracts Worth $81.74 Million for DAMAC Hills 2 Developments

DAMAC Properties Secures Contracts Worth $81.74 Million for DAMAC Hills 2 Developments

In a recent press release, real estate giant DAMAC Properties announced winning contracts totaling $81.74 million for its DAMAC Hills 2 project. The main works package, valued at AED 300 million, includes significant contributions from key partners.

Visit the Properties for Sale with NBS Real Estate : For Sale – Click here

Key Highlights:

  1. China Tiesiju Civil Engineering Group: Awarded the first contract worth over AED 210 million. This deal focuses on constructing 439 villas and townhouses in the Natura cluster.

Read This also : Trojan General Contracting Secures AED 584 Million Contract for Reem Hills Phase 1 Twin Villas

  1. Infra Nets Contracting LLC: Successfully raised AED 7 million for infrastructure development, including roads, at DAMAC Hills 2 Farmhouses, Verona, Natura, and Violet Clusters.

Visit the Properties for Sale with NBS Real Estate : For Rent : Click here

Project Expansion: Mohammed Tahaineh, DAMAC’s General Manager of Projects, expressed excitement about the upcoming additions to the Farmhouses, Verona, Natura, and Violet clusters, anticipating growth with these new contracts.

Read this also : Dubai’s Real Estate Soars with AED 4 Billion in Transactions on Wednesday

Significant Deals: These contracts are part of DAMAC Properties’ broader achievements, including a substantial AED 2.40 billion deal for DAMAC Lagoons in H1 2023 and AED 236 million for Camelia in DAMAC Hills 2.

DAMAC Properties continues to make strides in real estate development, ensuring a bright future for its projects. Stay tuned for more updates on this dynamic venture! #DAMACProperties #RealEstate #Development #DAMACHills2 #Contracts #Infrastructure 🏗🏡✨

Join The Discussion

0 thoughts on “DAMAC Properties Secures Contracts Worth $81.74 Million for DAMAC Hills 2 Developments”

  • Тркеу

    I don’t think the title of your article matches the content lol. Just kidding, mainly because I had some doubts after reading the article.

    Reply

Compare listings

Compare

Sign-Up Now