DAMAC awards construction contracts as it accelerates development at AKOYA Oxygen

This is the third contract awarded by DAMAC for the construction of substations at AKOYA Oxygen.

  
DAMAC awards construction contracts as it accelerates development at AKOYA Oxygen

Emirates Electrical Engineering LLC to build 3rd substation to power a further 2,888 villas and 855 apartments at DAMAC’s flagship master community

Dubai, UAE : DAMAC Properties has awarded, among others, a construction contract to Emirates Electrical Engineering LLC (EEE) for a third 132/11KV substation at its 55 million square foot master community, AKOYA Oxygen.  The new substation will feed power to a further 2,888 villas and 855 apartments and is expected to be commissioned within two years.

This is the third contract awarded by DAMAC for the construction of substations at AKOYA Oxygen, and is the first for EEE, following previous substation builds by ABB and Jazeera Emirates.

“This is the first major contract to be awarded in 2018 as we continue to accelerate construction development at AKOYA Oxygen, to provide electrical supply for all residential units in phases 6, 7 and 9,” said Mohammed Tahaineh, Senior Vice President – Commercial, DAMAC Properties. “We are making positive progress with construction efforts at AKOYA Oxygen and across all our developments, with more than AED3.5 billion in contracts awarded in 2017 alone.”

AKOYA Oxygen offers a tranquil environment with lush, green surroundings in a secluded, family-friendly community, with energy-efficient homes surrounded by beautiful landscaping and cascading water features.

Located off the Umm Sequim Road extension and approximately 15 minutes from DAMAC Hills, AKOYA Oxygen will include contemporary residential properties of various sizes surrounding an 18-hole championship golf course.

Community precincts at AKOYA Oxygen will contain facilities arranged around local plazas that house a variety of functions such as mosques, clinics, schools, nurseries, gyms, post offices, restaurants and local grocery shops.

The 18-hole golf course will comprise of two loops of nine holes starting and finishing at the centrally located clubhouse, hotel, driving range and putting green. The Golf courseis landscaped to achieve variation between holes with scenic waterways linked to overall site. The southern quarter will include a signature high-rise tower cluster, mid-rise residential apartments and local community precinct. The towers provide a landmark at this entry point for the development.

-Ends-

Further information is available at www.damacproperties.com

DAMAC Properties has been at the forefront of the Middle East’s luxury real estate market since 2002 – bringing luxury living experiences to residents from all over the world. Making its mark at the highest end of stylish living, DAMAC Properties has cemented its place as the leading luxury developer in the region, offering iconic design and the upmost quality. The Company’s footprint now extends across the Middle East with projects in the UAE, Saudi Arabia, Qatar, Jordan, Lebanon and the United Kingdom.

As of 30th September 2017, DAMAC Properties has delivered approximately 19,855 homes. The company has a development portfolio of over 44,000 units at various stages of progress and planning, comprising more than 13,000 hotel rooms, serviced apartments and hotel villas, which will be managed by its hospitality arm, DAMAC Hotels & Resorts. With vision and momentum, DAMAC Properties is building the next generation of Middle East luxury living.

For more information, please contact: Sherif Elghamrawy, Assistant Vice President, Corporate Communications, DAMAC Properties. Tel: +971 4 3731000 │Email: sherif.elghamrawy@damacgroup.com

© Press Release 2018

More From Press Releases