First project to be launched in September.
The 17-storey tower is designed by EDMAC Engineering Consultant
Closing date extended by a week
The cost escalation is entailed by the introduction of new technologies and components to upgrade the project.
Scope of work includes strengthening breakwaters to withstand natural disasters.
Ministry signed $3.3-bn contracts with Chinese firms
Damac Properties PJSC plans to float the main construction tender for its 850 million dirhams Navitas Hotel & Residences project.
Dragon Mart Towers to be ready by end 2018
Earlier project Vertext Towers in design stage
Last date for submission of proposals is 2 June, 2016
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