DAMAC Properties, a premier real estate developer in the Middle East, has officially awarded construction contracts valued at AED588 million ($160.09 million) for two residential projects within the DAMAC Hills master development in Dubai.
DAMAC Properties – Contract Awarding Details:
The contracts, pivotal for DAMAC’s continuous expansion, were granted to Dubai-based Engineering Construction and Reconstruction Company. The developer disclosed the details and values of the contracts through an official statement.