Developer says construction partner for tower project is set to be appointed by May
Damac Properties on Monday said it has issued a new tender for main works for a second tower at its six-tower, premiere luxury master development, Aykon City, overlooking Dubai Canal.
The tender will be awarded for the tower construction which includes three basements, ground floor and 10 podium levels, in addition to a dedicated lifestyle and entertainment level, 49 residential floors and a rooftop.
The total built up area will be 1.7 million square feet, the developer said in a statement.
“Construction development at Aykon City site is progressing rapidly with piling work for this tower already completed, so we have moved to the tendering stage which will see a new construction partner being appointed as early as May,” said Mohammed Tahaineh, senior vice president – Commercial, Damac Properties.
This tender follows Damac’s recently awarded construction contract to China State Construction Engineering Corporation (CSCEC) for approximately AED600 million to take on the construction of one of the towers at Aykon City.
Aykon City features residences, serviced apartments, a hotel and an office space and will be home to Aykon Plaza, an entertainment and lifestyle hub for the community that includes swimming pools, spa, beach club, cafes, restaurants, yoga and tai-chi areas, as well as a residents-only private recreation space called The Club.