Search DubaiPRNetwork.com

Dubai and UAE
Home >> Real Estate & Retail

DAMAC awards AED512 million contract at AYKON City

DAMAC awards AED512 million contract at AYKON City

Saturday, September 1, 2018/ Editor -  

Share

Home >> Real Estate & Retail

China State Construction Engineering Corporation selected to build Tower C, at award-winning development overlooking the Dubai Water Canal

Dubai, UAE – 1 September 2018:  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 USD2 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.”

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. The tower will also boast ‘The Club’, an exclusive residents-only lifestyle and entertainment space with spectacular views of the iconic Dubai Water Canal and Safa Park. The 62-floor tower is made up of two basement, a ground and ten podium levels, in addition to a dedicated lifestyle and entertainment level, 48 residential floors and a rooftop.

AYKON City is one of DAMAC’s most ambitious development projects in Dubai. It features the unique concept of an entire city-like infrastructure within Dubai. The mix-use development includes premium residential, hospitality and commercial units. AYKON City will also have seamless access to the 3.2km long waterway of the Dubai Water Canal, which runs all the way to the Arabian Gulf, from the Creek in Old Dubai.


Previous in Real Estate & Retail

Next in Real Estate & Retail


Home >> Real Estate & Retail Section

Latest Press Release

DGHR approves grievances and complaints system within Dubai's military departmen ...

Pogačar goes fast in the ITT to take second place

RTA announces resumption of metro service at Onpassive, Equiti, and Mashreq Metr ...

Hamdan bin Rashid Al Maktoum Centre for Giftedness and Innovation Team Achieves ...

TCL Electronics introduces the latest QD-Mini LED TV and smart home appliances i ...

GEMS Modern Academy honoured with NAFIS Award for outstanding support of Emirati ...

Our museums are inspiring global communication platforms and vital institutions ...

Emirates Receives Certified Autism Center™ Designation Plaques for all Check In ...

The Treasures of the Library Exhibition at Mohammed Bin Rashid Library… A Museum ...

Arabian Automobiles Presents ‘The Unusual Suspects'

The Science Behind Chery's Pure Air: Enhancing Passenger Well-Being

Mubadala Investment Company Reports 2023 Financial Results

Turkish Airlines Becomes the Main Sponsor of the Taş Tepeler Project

Noatum Launches Maritime Services in Türkiye

A Blissful Summer Package for an Ultimate Luxury Stay at Sofitel Dubai Downtown

Mint joins hands with S2M to transform financial services landscape

Styched Sets Sights on UAE's Booming Fashion Market

AUS named among top 125 in THE Young University Rankings 2024

Emirates returns to Nigeria from 1 October

The Environment Agency – Abu Dhabi Starts the First Reintroduction Phase of Dama ...