UAE-based Danube Properties has signed up Naresco Contracting for the construction of its Mediterranean-themed high-rise residential development, Skyz Tower, which will feature a mix of apartments, retail outlets and recreational facilities, on a 67,837 sq ft plot of land within Dubai’s Arjan community.
To be built at an investment of over Dh475 million ($129 million), Skyz boasts key holistic amenities including a retail arcade, games room, kids play area, health club, outdoor gymnasium, infinity pool, lily pool with water beds, kids pool, outdoor jacuzzi, viewing deck, paddle tennis, gazebo, outdoor seating area and water bodies.
It will also have a BBQ area, jacuzzi lounge, party hall with billiards room, business centre and above all Sky Jogging Track.
Danube Properties said as per the deal Naresco will be responsible for the construction of the Skyz project which is scheduled to be fully completed by Q3 2024. The Dubai-based group has 36 years of legacy in the construction industry and has delivered 129 projects while 20 more are at various stages of construction.
Group Founder and Chairman Rizwan Sajan stated that Naresco Contracting had previously worked on Danube's projects and delivered on time. These include Glitz 1, 2 and 3 and Miraclz.
Naresco Contracting Chairman Abdulla Abdulkarim AlArif said: “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.”