UAE developer lets $6m deal
- Nshama awards earthwork contract at Town Square project
- Binladin Contracting awarded deep services contract
- Town Square project expected to be completed by 2025
UAE developer Nshama has awarded the local Al-Naboodah Contracting a AED22m ($6m) deal for earthwork on the Town Square project in Dubai.
The scope of the work covers the areas of the Zahra and Hayat townhouses and apartments.
Nshama also recently awarded the first-phase deep services contract for the development to the local office of Binladin Contracting.
The 180-day deep service deal covers excavation and back filling for district cooling piping network, storm drainage and main sewers across the area that includes the recently launched Zahra and Hayat townhouse communities.
Nshama launched the first phase of the Town Square scheme in early March. Once fully complete, the development will have 3,000 townhouses and 18,000 apartments, as well as a central square, which will comprise retail, hospitality and commercial space, including a range of lifestyle choices such as the Vida Town Square Dubai hotel and a Reel Cinemas cineplex and open-air cinema.
The development is expected to be completed by 2025.
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