Danube Properties awards main construction contract of ‘Jewelz’ to Cast Construction LLC
by Kasun Illankoon
Danube Properties has awarded a Dh149.5 million contract to Cast Construction LLC for the main construction works of Jewelz.
The Dh300 million Jewelz project offers 463 residential units, ranging from studio, one and two-bedroom apartments.
Prior to this Danube Properties delivered 831 residential units worth Dh1.12 billion including 171 townhouses within Dreamz project worth Dh500 million by March 2018
The amenities include a fully equipped health club, swimming pool, steam and sauna room, multi-purpose hall, jogging track, barbecue deck, badminton court, paddle tennis court and a high tech surveillance system for the protection and security of the residents.
Atif Rahman, Director and Partner of Danube Properties, said, “The latest construction contract raises our construction contract value to Dh1.4 billion across ten projects. As a developer, our key objective is to deliver projects on time and with supreme quality and in most cases we have been successful in delivering deliver better than promised value in our real estate projects.”
Yusra Saleh Al Yafei-Managing Director of Cast Construction LLC, said: “I would like to extend my warm regards to Mr. Atif Rahman Director & Partner of Danube Properties for considering and selecting Cast Construction LLC. Cast Construction LLC has a proven track record of embarking and successfully accomplishing construction projects over the last 2 decades.”
The project, launched in March 2018, is scheduled for delivery in Q1 2020.