Dubai — Mubasher: Danube Properties on Wednesday announced that it has awarded an AED190m contract to Dubai-based civil construction company RAQ Contracting for implementing the main construction works of Bayz.
Located in Dubai’s upscale Business Bay, the AED 450 million Bayz project offers 456 fully-furnished apartments, including studio, one- and two-bedroom apartments, the Dubai-based property developer said in a statement.
The 29-storeyed project is attractively located on a plot on Al Khail Road – a major highway in Dubai – located within close proximity to Burj Khalifa, the world’s tallest tower, Danube Properties noted.
Launched in May 2017, the development, which is Danube’s only project in Business Bay, is set for delivery in 2021.
The project has already been sold out to buyers and investors, Danube said.
Commenting on awarding the contract, Rizwan Sajan, founder and chairman, of the Danube Group, said, “We have so far awarded contracts for ten out of 11 projects launched so far. The awarding of the construction contract reflects our determination to deliver projects on time. It also strengthens our reputation as a developer that is committed to on-time construction and delivery.”
The Bayz tower features a slew of amenities including swimming pool, health club and a kid’s play area cum party hall.
When delivered, every home will include a European technology enabled convertible sofa that makes way for a bed- tucked into the wall, the real estate firm said.
For his part, Rami Al Qaisi, managing director of RAQ Construction LLC, said, “we are very pleased to partner with Danube Properties in developing Bayz Tower. As a developer, Danube Properties is very particular in every aspect of construction activities including choice of material, quality of construction, finishing, facilities, amenities and timely delivery.”
