Skip to content Skip to Search
Skip navigation

Damac awards multiple contracts for Lagoons master development

Summer, Architecture, Building Damac Properties
Work is progressing well across all clusters as part of phase 1 of the Damac Lagoons development

Damac Properties has awarded multiple contracts for consultancy services for its Damac Lagoons master development in Dubailand.

Energoprojekt Entel Co. Ltd bagged the contract for consultancy services for a 132/11kV sub-station.

Global infrastructure consultancy Aecom was awarded a contract for the Venice cluster and the central hub of the master development. 

A contract for consultancy services for three of the community’s clusters, including Malta, Nice 1 and 2, was awarded to BHNS Engineering Consultants. 

A similar contract has been awarded to Khatib & Alami for the Nice 3, Costa Brava villa package and Portofino clusters.

“Work is progressing well across all clusters as part of phase 1 of the Damac Lagoons development,” said Mohammed Tahaineh, general manager of Damac.

Damac Lagoons is the developer’s third master community development in the emirate. 

Last month Damac awarded the main construction contract for its 71-storey Cavalli Tower in Dubai Marina to China State Construction Engineering Corporation.

The contract, valued at approximately AED886 million ($241.22 million), was awarded to finalise the main works construction of the high-end residential tower.

Latest articles

Aramco pipelines

BlackRock-led investors to refinance Aramco Pipelines stake

Investors in Saudi Aramco’s gas pipeline network, led by BlackRock, the world’s largest asset manager, are planning to issue $3 billion in bonds to refinance a loan that backed their purchase of a stake in the network.   The consortium of investors took a $13.4 billion bridge loan in 2021 to acquire a 49 percent stake […]

Over the first half of the year Sanad Group signed deals with international airlines including Asiana Airlines and Deucalion Aviation

Mubadala-backed Sanad Group reports 53% revenue growth

Sanad Group, the Abu Dhabi-based global aerospace engineering and leasing company, has seen revenues increase by more than half over the first six months of the year. Figures released to AGBI show revenue totalling AED2.3 billion ($620 million) was reported in the first half of the year, up from AED1.5 billion over the same period […]

Amanat's listing represents the third education IPO in the UAE over the past two years

Amanat to list its education platform

Amanat Holding, an investment company in Dubai, has announced plans to list its education platform. The move will be the third education-related initial public offering in the UAE in the last two years, following the listing of Dubai’s Taaleem in 2022 and Abu Dhabi’s Alef Education earlier this year. Amanat, which specialises in healthcare and […]