Dubai - Mubasher: DAMAC Properties has issued a tender for enabling works on its 30-storey tower VERA Residences in Business Bay.
VERA Residences comprises a basement and ground level, three podium levels, 25 residential floors, and a rooftop, the Dubai-listed developer revealed in a statement released on Monday.
“DAMAC is issuing the tender following unprecedented response by buyers for this value-driven investment proposition, located in the most desirable area of Dubai,” senior vice president – commercial at DAMAC Properties Mohammed Tahaineh said.
DAMAC is set to appoint an enabling contractor in April, who should complete the foundational work at the VERA Residences site within 30 days.
“We wanted to start construction work without delay, to be in a position to deliver the units to their new owners as quickly as we can,” Tahaineh commented.
