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DUBAI / Emirates Business
Damac Properties has awarded an AED512 million construction contract to China State Construction Engineering Corporation (CSCEC) to build tower C of AYKON City, DAMAC’s luxury mixed-use development on Sheikh Zayed Road. The new contract covers civil construction works for tower C, the residential tower in the award-winning $2 billion development, overlooking the Dubai Water Canal.
“CSCEC shares our commitment to quality, safety and timely delivery. After a thorough tendering process, we have chosen to expand CSCEC’s remit in the AYKON City project beyond AED1.1 billion, having awarded them the contract to build tower B earlier this year,†explained Ali Sajwani, General Manager of Operations at DAMAC Properties. “We also look forward to seeing the towers of AYKON City complement Dubai’s distinctive skyline and one of the world’s greatest urban transformations, the Dubai Water Canal.â€
Tower C, known as ‘The Residence’, will have a total built up area of nearly 1.8 million square feet. It will feature studio, one, two and three-bedroom apartments, all with premium interiors and exceptional finishing.