A Sharjah-based construction company has been awarded a 450 million dirham contract to build three towers within a high profile residential project in Ajman, the UAE real estate developer Sweet Homes announced on Tuesday. Sweet Homes awarded the contract to Master Civil Construction Company as part of its 1.7 billion dirham Rainbow Towers development in Emirates City, which is its first project in the UAE.
Rainbow Towers is set for completion in the last quarter of 2010 and will consist of nine towers.
The construction company has committed to complete building work for three of the towers within 24 months.
“Our aim is to exceed their expectations and deliver a project that will definitely stand out in Emirates City and transform the skyline of Ajman,” said Ehab Nagati Khafagi, the general manager of Master Civil Construction Company.
Sweet Homes has also named Eng. Adnan Saffarini Office, an international engineering consultancy firm, as the design and supervision consultant for the project.
Six towers have already sold out, while 70 per cent of the remaining three have also been sold, Sweet Homes said.
It is optimistic that the entire project will sell out in the next few months.For all the latest business news from the UAE and Gulf countries, follow us on Twitter and Linkedin, like us on Facebook and subscribe to our YouTube page, which is updated daily.
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