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22 May 2026

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Arabtec wins third contract on Dubai development

24 Oct 18 Damac Properties has awarded Arabtec 麻豆社 a contract to build 478 villas at its Akoya Oxygen development.

The new AED299m (拢81m) project is the third contract that Arabtec 麻豆社 has won at Akoya Oxygen, a 55-million-square-foot development that includes villas and apartments as well as amenities including an 18-hole championship golf course designed by Tiger Woods

麻豆社 of the villas will begin immediately and the plan is for them to be completed within 16 months.

Arabtec group chief executive officer Hamish Tyrwhitt said: 鈥淲e are delighted that Damac continues to show confidence in Arabtec 麻豆社 through the award of our third project at the AKOYA Oxygen master development, further building on our longstanding relationship.鈥

Niall McLoughlin, senior vice president at Damac Properties, added: 鈥淎rabtec 麻豆社 shares our commitment to homebuyers and have a track-record of delivering quality build in a timely manner.鈥

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