"Deyaar Development" Awarded the Construction Contract for the two Phases of Afnan and Dania in Midtown Project Belhasa Engineering and Contracting
It announced that "Deyaar Advancement", one of the leading and specialized UAE companies in the area of real estate development and property services, revealed the visit Belhasa Engineering and Getting as the major contractor for construction management procedures for both stages Afnan and Dania in Midtown project, under an agreement was awarded to Belhasa worth AED 600 million.
Under the contract, which runs over 29 months from the signing of the construction of 1,238 real estate systems day, it is expected to be completed metadata structures in the two stages of Afnan and Danny its by December 2018. It is anticipated that the percent of accomplishment rises in both regions from 15% to 20% by the end of this year.
On this occasion, Saeed Mohammed Al Qatami, Chief Executive Officer of "Deyaar Advancement" said: "Belhasa Engineering and Getting Company has actually efficiently logged many successes throughout her profession in this dynamic field, that makes them an excellent partner for us in the two phases of Afnan and Dania within the project 'Midtown'. I the project attracted attention amongst investors, and confirms the sale of greater than 70% of the systems, and that we have been keen to cooperate with considerable experience prominent company in this area as a BDC, the project to make certain timely delivery. "
In turn, Majid Belhasa, Managing Director of Belhasa Engineering and Contracting: "It is our enjoyment to collaborate with the company 'Deyaar Advancement' project 'Downtown'. We are keen to Belhasa the choice of jobs is an include - industry household tasks within the Emirate of Dubai, and our involvement stated in the project 'Midtown' is an expansion of this approach. "
The "Midtown" project integrated residential facility, located in the city of Dubai production adjacent to Sheikh Mohammed bin Zayed Road, which creates an incorporated household project comprising 27 MBNA structure area of roughly 5 million square feet. The project consists of a range of household devices consisting of studios and one - room houses, two bed room homes, and homes in three rooms. "Deyaar Development" has introduced the initial and second phases of the "Downtown" project, that includes the very first phase; Afnan Area 659 housing devices, while the 2nd phase includes; Dania District 579 housing units.
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