Local developer Damac Properties has awarded a roads and infrastructure works contract to the local company Proscape at its Damac Lagoons development in Dubai.
The deal is valued at over AED137m ($37.2m).
Located in the Dubailand area, Damac Lagoons covers an area of 4.45 square kilometres and will include 510 villas and townhouses. There will also be other amenities such as waterways and fitness facilities including rock-climbing walls, indoor snorkelling, kayaking and paddle surfing, and bicycle trails.
The scheme has 93,000 square metres of lagoons with beaches. It is divided into clusters including Portofino, Venice, Malta, Nice, Santorini, Costa Brava, Marbella, Monte Carlo and Ibiza and is set for completion at the end of 2024.
Proscape’s scope of work includes the provision of construction, completion, testing, commissioning and maintenance of the roads and infrastructure services for the Nice, Costa Brava and Portofino clusters, according to Damac.
MEED reported in November that Damac Properties had awarded a contract valued at over AED273m ($74m) to China Nuclear Industry 22nd Construction Company to construct villas at Damac Lagoons.
You might also like...
A MEED Subscription...
Subscribe or upgrade your current MEED.com package to support your strategic planning with the MENA region’s best source of business information. Proceed to our online shop below to find out more about the features in each package.