UAE’s leading property developer, Danube Properties has appointed Dubai-based construction company Naresco Contracting as the main contractor for the construction of the $129 million (AED475 million) Skyz Tower.
Skyz is a Mediterranean-themed high-rise residential tower with elegantly-designed apartments, retail outlets, and recreational facilities.
The Tower will be developed on a 67,837.39 sq ft plot of land at Arjan, close to the Miracle Garden with easy access to Mohammed Bin Zayed Highway. As per the contract, Naresco Contracting will construct and deliver Skyz Project by the end of the third quarter of 2024.
“As a customer-centric and delivery-focused developer, today we are announcing the appointment of the main contractor for Sky tower that reinforces our commitment to deliver homes to our customers on time and with the right quality. A property developer’s credibility depends on the timely delivery of the project and as per quality. We are very conscious of our commitment to our customers-our biggest stakeholders. Since entering the real estate business, we have been delivering projects on time and on quality. Naresco Contracting has previously constructed our projects and delivered on time. This time also, we have put our trust on them to deliver the project on time to our satisfaction.”
The company said that “the affordable homes come with Danube Properties’ trend-setting 1 percent payment plan that helps middle-income tenants and end-users to easily acquire their dream homes.”
Mr. Abdulla Abdulkarim Al Arif, Chairman of Naresco Contracting, said that, “We are very pleased to be working with Danube Properties for the construction of the Skyz Tower, after successfully delivering several residential projects to them. It’s a new feather in our cap.”
“The award of this contract reflects our client’s renewed trust in our work. We are known as a quality-conscious contractor with a reputation of on-time delivery of projects and achieving client’s satisfaction,” Mr. Al Arif added.