FINANCIAL NEWS

Damac awarded USD817m deals in H1

26 Jun 2016

(MENAFN) Damac Properties, a UAE firm, said it had awarded 25 construction and consultancy contracts worth USD817 million during the first half of this year.

In detail, the leading luxury real estate developer said that the awarded contracts include the main packages for more than 2.678 villas within its luxury lifestyle community.

The lifestyle community is called Akoya Oxygen, as well as the main package for Golf apartment buildings at Carson ” The Drive at Akoya by Damac.

“In Akoya Oxygen, the total number of villas now awarded exceeds 2,670. The Golf course design is completed,” the managing director at Damac Properties said.

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