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Emirates News Agency – DAMAC Properties awards main contract for Zada project in Business Bay

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Sun 11-10-2020 11:47 AM Dubai, 11th October, 2020 (WAM) — DAMAC Properties has awarded Trans Emirates Contracting, LLC, a contract worth AED181,000,000 to start main work construction of Zada, a 26-storey building located in the coveted Business Bay neighbourhood in Dubai. The development is significant given the challenges the property market has faced in current[…]

Evolving with the times

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Share Tweet Share Share Email Masood Al Awar, CEO of Medallion Associates, on the state of the UAE’s real estate market, and why quick-thinking developers and investors can take advantage of opportunities presented by the COVID-19 crisis Home transactions in the UAE fell by almost 50% between the first two quarters of the year as[…]

Damac Properties Dubai : Overcoming property market shock, DAMAC Properties awards main contract for Zada project in Business Bay

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DAMAC Properties has awarded Trans Emirates Contracting, LLC a contract worth AED 181,000,000 to start main work construction of Zada, a 26-storey building located in the coveted Business Bay neighbourhood. The development is significant given the challenges the property market has faced in light of Covid-19 and a subsequent lockdown. DAMAC views the awarded contract[…]