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Real Estate News Alert is a roundup of the most recent news that gets updated daily to keep you always up to date on the world's most attractive projects in the real estate market from the UAE (Dubai, Abu Dhabi, Umm Al-Quwain, Ajman, Ras Al-Khaimah, Sharjah and Fujairah) and sometimes from the GCC or other countries and from various news sources.


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Tuesday, August 19, 2008

Al Habtoor Wins AED 15m Damac Properties Contract

DAMAC Properties Awards over AED 15m Enabling Works Contract for Executive Bay
Zawya - United Arab Emirates
Dubai, Aug 18 th , 2008: DAMAC Properties -
the luxury lifestyle provider and Middle East's largest private sector master developer - has awarded over a AED 15m enabling works contract for Executive Bay located in Business Bay. The enabling works commenced on 21st July 2008 and has been awarded to Al-Habtoor Engineering enterprises - one of the leading names in construction in the region.

DAMAC Properties is part of DAMA Holdings, it was established in 1995 and has grown into one of the most successful residential, leisure and commercial developers in UAE, Dubai and the Middle East, and is expanding rapidly into North Africa, Jordan, Lebanon, Qatar, Saudi Arabia and the Far East.

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