DAMAC hands $55mn tower contract to Commodore
DAMAC Properties has awarded Commodore Contracting Co with the AED 200mn ($55mn) main contract to build the Merano Tower in Business Bay, Dubai.
The project is a 29-storey residential tower due for completion in 2019. Excavation works are in progress up to raft level and the de-watering system is connected.
Mohammed Tahaineh, Senior Vice President – Commercial, DAMAC Properties, said: We are pleased with the contractors we have appointed and which represent a significant portion of the construction of Merano Tower, where we continue to make steady progress.
We strive to appoint leading contractors and consultants in the industry with a proven track record in terms of quality of work and efficiency on delivery times.
Merano Tower includes a basement level, ground floor and three podiums with 26 floors of residential apartments varying from studios, to one, two, and three-bedrooms, with units starting at AED 575,000.