Page 57 - Magazine October 2022

Construction Contractors News

Danube Properties appoints

Naresco Contracting for the construction of Skyz Tower

Danube Properties announces the appointment of
Naresco Contracting as the main contractor for the
construction of Skyz Tower, a Mediterranean-themed
high-rise residential tower with elegantly-designed
apartments, retail outlets and recreational facilities
with a development value exceeding Dh475 million.
Skyz will be developed at an 67,837.39sqft plot
of land at Arjan, close to the Miracle Garden with
easy access to Mohammed Bin Zayed Highway. The
tower overlooks Miracle Garden, Arabian Ranches
and Motor city communities. The affordable homes
come with Danube Properties’ trend-setting 1
percent payment plan that helps middle income
tenants and end-users to easily acquire their dream
homes.
Main contractor is responsible to construct
an assigned project, as per the developer’s or
project owner’s timeline and specifications. Main
contractor is legally bound to deliver complete
project on time and as per quality. Main contractors
usually hire sub-contractors and suppliers to help
them in completing the project. As per the contract,
Naresco Contracting will construct and deliver Skyz
Project till the end of Q3 2024.
Naresco Contracting LLC, a Dubai-based
construction company with 36 years of legacy
in the construction industry, has delivered 129
projects while 20 more are at various stages of
construction. It currently has more than 4,500
employees on payroll and vast group of companies
actively involved in their construction business. It
had successfully delivered a number of projects for
Danube Properties, including Glit 1, 2 and 3 and
Miraclz.
Abdulla Abdulkarim AlArif, Chairman of Naresco
Contracting, says, “We are very pleased to be
working with Danube Properties for the construction
of the Skyz Tower, after successfully delivering a
number of residential projects to them. It’s a new
feather in our cap.

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