Tall & Urban News

Danube Properties has awarded an AED149.5 million (US$40.7 million) contract to Cast Construction LLC, a Dubai-based civil construction company, for the main construction works of Jewelz, the developer’s tenth residential project to be built at Arjan, near Miracle Gardens in Dubai.  
 
The AED300 million (US$81 million) Jewelz project offers 463 residential units, ranging from studios to one and two-bedroom apartments. The project is located on a plot adjacent to the park with a private entrance leading to the property. 
 
The project, launched in March 2018, is scheduled for delivery in Quarter one of 2020. 
 
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. 
 
The building design and architectural aesthetic was created to reinforce the design strategy of Danube, which helps maximize the living space while delivering the convenience of community living. The project dedicates 50 percent of its space to open areas with an emphasis on greenery and landscapes. 
 
Rizwan Sajan, Founder and Chairman, of the Danube Group, said: “As a developer we remain committed to the Dubai Real Estate market. The awarding of the main construction contract within seven months of the launch of the project reflects our strong commitment to our customers.” 
 
Following the commercial launch of properties and subsequent sell-out, Danube has tended to start tendering for the construction of the project, before launching the next project. 
 
Atif Rahman, Director and Partner of Danube Properties, said, “The latest construction contract raises our construction contract value to Dh1.4 billion (US$3.8 billion) across ten projects. As a developer, our key objective is to deliver projects on time and with supreme quality. I am very confident that our partnership with Cast Contracting will set a new benchmark of construction quality.” 
 
Yusra Saleh Al Yafei-Managing Director of Cast Construction LLC, said: “It is my utmost delight to be awarded Danube Properties Jewelz Project as the Main Contractor and certainly privileged to associate with Danube Properties.”  
 
For more on this story, go to Danube Properties.