The tender is being issued for enabling work, which is set to prepare the ground for foundational layout and piling work, followed by the main construction work. The enabling works are due to take place from the beginning of April and be completed within 30 days.
Strategically located, VERA Residences is close to Downtown Dubai district offering connectivity to the city. The residences are planned to include amenities such as a dedicated children’s play area, barbecue area, temperature-controlled swimming pool, state-of-the-art fitness centre, jogging track, steam rooms and sauna, landscaped gardens, as well as covered parking. Vera Residences is expected to also include a shopping boulevard, providing convenience to residents.
“DAMAC is issuing the tender following unprecedented response by buyers for this value-driven investment proposition,” said Mohammed Tahaineh, senior vice president, commercial, DAMAC Properties. “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.”