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Arabtec secures contract for luxury homes in DAMAC's Akoya community

Jan 03, 2019 - Marketline Newswire

Arabtec Construction, a wholly-owned subsidiary of Arabtec Holding, has won an AED269m ($73m) contract from DAMAC Properties for luxury villas in Dubai's Akoya community.

Under the contract, Arabtec Construction will build the villas in the Aquilegia cluster, consisting of a built-up area of more than 86,000m². Work will commence immediately with a construction period of 22 months.Akoya community is a 55 million ft² master development that will include an 18-hole championship-sty...