Dubai

Damac Properties issued 25 construction contracts valued at a combined Dh3 billion in the first six months of the year. This includes the main packages for more than 2,678 villas at the Akoya Oxygen master-development as well as the main package for the Golf apartment buildings at Carson – The Drive at Akoya. “The Golf course design is completed and we are making progress in the selection of the Golf course main contractor,” said Ziad El Chaar, Managing Director. “The designs of several clusters are completed, several main contractors were appointed and work started in many areas on site. In Akoya by Damac, the Golf course is completed and the handover of approximately 766 villas is imminent.”