DAMAC Properties awards $241.2mn main works construction contract for Cavalli Tower ...United Arab Emirates

Developer DAMAC Properties has awarded China State Construction Engineering Corporation the main works construction contract for its 71-storey Cavalli Tower. In a statement, DAMAC said that the contract is valued at approximately US $241.2mn and finalises the main works construction of the luxury high-rise residential tower in Dubai Marina. Once complete, the Cavalli Tower will feature interior designs by Italian fashion house Roberto Cavalli. Offering views of the Palm Jumeirah, the design of the tower comes from Shaun Killa; it has a development value of approximately $544.5mn and comprises 436 units divided into three sections. The developer explained that the first section is considered

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