DAMAC Properties Awards Contract Worth AED 58.4 million for Main Structure Works of a Villa Cluster at AKOYA Oxygen

April 6, 2017

DAMAC Properties, a leading luxury real estate developer in the region, has recently awarded a contract worth AED 58.4 million for the main structure works of villas at Mulberry cluster in AKOYA Oxygen, a 55-million-square-foot lush green development in Dubailand. The main structure works contract has been awarded to Towers Technology Contracting Co LLC – Dubai.

The grading works, final design and mobilisation works at Mulberry cluster in AKOYA Oxygen are all completed. Engineering works and deep service works are in progress.

Mohammed Tahaineh, Senior Vice President - Commercial, DAMAC Properties, said: “We are content with the pace of progress in development across the various clusters at AKOYA Oxygen. The contractors we appoint hold a proven track record characterised by quality work and timely delivery. We are confident that Towers Technology Contracting will deliver on our contractual agreement to complete the main structure works of the villas at Mulberry cluster in AKOYA Oxygen in a timely manner, while maintaining quality standards.”

AKOYA Oxygen presents a tranquil community environment based around greenery and seclusion. Energy-efficient homes are surrounded by lush landscaping and cascading water features. Located off the Umm Suqeim Road extension and around 15 minutes from DAMAC Hills, AKOYA Oxygen will have an up-market resort feel. The development will include contemporary residential properties of various sizes surrounding an 18-hole championship golf course, along with an organic produce market, hydroponic café, luxury wellness centre, outdoor yoga enclave and retail outlets featuring well-known brands.