DAMAC logs 24 million safe man-hours on $1.4bn four-tower project

DAMAC Properties has announced reaching 25 million safe man-hours on its DAMAC Towers by Paramount master development.

15/05/2018 by Construction Week

DAMAC Properties has announced reaching 25 million safe man-hours on its DAMAC Towers by Paramount master development.

The figure translates to almost 2,000 days of incident-free work, the Dubai-based developer said in a statement.

With an estimated sales value of $1.35bn (AED4.96bn), the project is located in Dubai’s Burj area and is being developed in collaboration with Paramount Hotels & Resorts.

DAMAC Properties’ general manager of operations, Ali Sajwani, commented: “Zero incidents is our most important performance benchmark, with worker safety being a critical factor in the decision-making processes when selecting our construction partners.

“DAMAC Towers by Paramount is a four-tower master development that demanded considerable effort and care during its construction. As we work to finalise the remaining elements to bring the project to completion in the coming months, we are happy that we have set a new safety record with our partners at the site.”

Comprising 2,000 units, the project consists of hotel apartments in three towers and 800 hotel rooms operated by Paramount Hotels & Resorts in one tower.

The four-tower complex will have a total built-up area of approximately 371,612m2 and will feature landscaped areas, health facilities, and on-site parking, in addition to dining establishments.

DAMAC Towers by Paramount Hotels & Resorts won ‘Tower Project of the Year’ at the Construction Week Awards in 2016.

Related Press

View All
Ali Sajwani nabs Family Business Council’s Next Generation Award

Ali Sajwani nabs Family Business Cou ...

Press 24/10/2022

DAMAC Properties’ Managing Director Ali Sajwani has been recently awarded the prestigious Next Generation Awar ...
Read more

Web3 is transforming the UAE’s real estate landscape-0

Web3 is transforming the UAE’s real ...

Press 03/10/2022 by Zawya

Dubai, United Arab Emirates: Fully interactive virtual real estate and communities designed in the metaverse a ...
Read more

Metaverse will boost online home sales ‘five-fold’, says DAMAC

Metaverse will boost online home sal ...

Press 03/10/2022 by AGBI

One of Dubai’s largest real estate developers is already close to $500 million in property sales each year onl ...
Read more