This deal comes in the light of Tameer's expansion strategy to execute its latest property projects in conjunction with some of the leading construction firms, including UNEC and Al Arrab Contracting for the construction of the Palace Towers and Regal Tower respectively (this being the second project between Al Arrab Contracting and Tameer).
Omar Ayesh, President of Tameer Holding said:
"The property developer should be committed to its clients, customers, and investors in the development of its projects. This commitment should be evident throughout the launch and the sale of the project right onto the construction work. This is part of our strategy in Tameer, to choose contracting companies that are known for their good quality and performance in the construction market , thus our choice for Al Jawzaa Project is just one example of this and is a project that we consider as the latest in a long line of achievements".
He added: "Al Jawzaa Project is a special addition to the residential property sector in Dubai, delivering high quality standards and competitive prices to a huge property market that is incessantly competitive".
He continued: "The Dubai market is no longer satisfied with normal projects. Investors are looking for a special property product that come at international standards of development - forcing property developers to create more unique developments in a bid to out shine their competition. Tameer's mission has been and continues to be, to strongly establish its position and enhance its qualifications in order to create and deliver the best property projects".
Likewise Mr Nusair Awar Tani, General Manager of Al Arrab Contracting said: "Signing the second deal with Tameer puts a great responsibility on to us. That responsibility is to provide all the best to one of the leading realty developers in the region and to finish the work to the highest of standards. This deal shows Tameer's confidence in our performance, which further encourages us to rise to that challenge and not let them down".
Al Jawzaa Project, which is located in Dubai International City, is composed of 180 freehold residential units, of studio and one and two bedrooms in addition to 6 retail shops. This includes swimming pools, a gym, health center, banquet area, and other entertainment and rest facilities.
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Posted by Anne-Birte Stensgaard, Senior News Editor
