Arabtec has won a AED645 million ($175.6 million) contract to build the Ocean Heights I tower in Dubai Marina, the company said on Monday.
The UAE construction firm said work on Damac’s 81-storey tower would take place over the next 36 months.
“Arabtec is pleased to add this project to its iconic projects spread all over the UAE. The nature and construction period of this project shows Arabtec’s commitments toward its clients to deliver its projects on time to the highest quality,” commented Riad Kamal, managing director of Arabtec.
Earlier this month Arabtec was awarded a $211.8 million to expand the National Exhibition Centre in Abu Dhabi, including the construction of a 60,000 square metre extension to the existing exhibition hall and two large parking structures totaling to 235,000 square metres.
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