Damac Properties has awarded a construction contract worth over AED500 million ($136 million) to Shapoorji Pallonji for the main works at the Santorini cluster of its latest luxury project in Dubai.
Construction of the cluster in Damac Lagoons is expected to begin in April and the contract includes 847 villas, a statement said.
“With Shapoorji Pallonji, we have chosen a partner who share our values for quality, safety and on-time delivery. We are confident that with their help, Damac Lagoons will take shape as we have envisioned it, a masterpiece of community living that will elevate urban development in Dubai into new heights,” said Mohammed Tahaineh, general manager of projects at Damac Properties.
Damac Lagoons aims to turn 45 million square feet into a Mediterranean-inspired community with white sandy beaches, a tropical island vibe while featuring villas and townhouses built around a stunning one million square feet of lagoons.
At the Santorini cluster, residents will have access to a fitness and wellness zone while townhouses and villas are strung together by pathways, cycle tracks and ornamental foliage.
Damac Properties has so far delivered about 39,400 homes and has brought new concepts to market in collaborations with The Trump Organisation, Versace, Cavalli, Just Cavalli, Rotana, Paramount Hotels & Resorts, Rotana and Radisson.
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