Wednesday, May 09, 2007

Arabtec wins Dh.370m contract for Umm Al Quwain Marina

Arabtec Holding yesterday announced that it has been awarded a Dh.370m ($101 million) contract of designing and constructing villas at Umm Al Quwain Marina.

About 277 villas are being planned under the leadership of Emaar Properties. The project will be completed within two years.

With this, the total number of villas currently under construction by Arabtec will reach a total of 2,801, with 759 villas for Emaar, 558 for Dubai Properties and 1484 villas for Mohammed bin Rashid Housing Programme.

During the last four years, Arabtec had already completed 4,964 villas with 4,386 villas for Emaar properties at Emirates Lakes, Emirates Hills, Springs, Meadows, Arabian Ranches and about 560 villas for Dubai Silicon Oasis.

No comments: