DAMAC ISSUES ENABLING WORKS TENDER FOR ITS VERA RESIDENCES
Dubai-based developer, Damac Properties, has issued a new tender for enabling works on its VERA Residences, a 30-storey tower in Business Bay.
The tender is being issued for enabling works, which will prepare the ground for foundational layout, piling work, followed by main construc- Al Fahid Island Development, a highend mixed-use waterfront development in Abu Dhabi, has awarded its first construction package to Faithful+gould, a member of the Snc-lavalin Group.
The project management consultancy was engaged in Q4 2017 by Al Fahid Property Development to provide cost management services at design, tender, and construction stages on the development. Local contractor Bright Accord General Contracting has been awarded the nine-month reclamation tion work. The tower includes a basement and ground level, three podium levels, 25 residential moors, and a rooftop.
Mohammed Tahaineh, senior vice president – Commercial, Damac Properties, said: “DAMAC is issuing the tender following unprecedented response by buyers package and construction work has now begun on site. Faithful+gould’s cost management services cover the reclamation, marine works, site-wide infrastructure and landscaping, residential, and leisure components.
Steven Batchelor, regional director for commercial services in SNC Lavalin’s Faithful+gould business, said: “We played a key role awarding the first construction contract for this development and are excited to see the development take its formative shape. The client has master-planned a truly for this value-driven investment proposition, located in the most desirable area of Dubai. We wanted to start construction work without delay, to be in a position to deliver the units to their new owners as quickly as we can.”
The enabling works tender is for foundational work at the VERA Residences site and will see the appointment of enabling contractor to take place by lrst week of April, with the enabling works being completed within 30 days after the contract award.
The 30-storey tower is complemented by life-enhancing amenities including dedicated children’s play area, barbecue area, temperature-controlled swimming pool, ltness centre, jogging track, steam rooms and sauna, landscaped gardens, as well as covered parking. VERA Residences will also include a shopping boulevard, further elevating the community feel and providing convenience to residents. exceptional luxury development that will transform the landscape over the coming years.”
Located between Abu Dhabi’s Saadiyat and Yas Islands, Al Fahid Island will host a variety of residential offerings including beachfront villas, luxury townhouses, and medium-rise apartment blocks situated around a marina, a beach club, retail and F&B outlets, schools, community facilities, and landscaped community parks.
The masterplan will be delivered in five phases, with phase one having a plot area of circa 2,100ha. Jewelz is launched with a refined customer in mind, offering luxury living at an affordable price and 15% returns on the total investment. ” RIZWAN SAJAN, DANUBE PROPERTIES The positive results achieved by Emirates Steel in 2017 indicate our success, despite the challenges in the industry globally.” HE ENG SAEED AL REMEITHI, EMIRATES STEEL We are delighted to announce that Azizi Developments has pushed the boundaries of innovation with the development of one of the tallest towers in Dubai.” MIRWAS AZIZI, AZIZI GROUP