Damac logs 24 million safe man-hours on $1.4bn four-tower project
Valued at $1.35bn, Damac Towers by Paramount is a four-tower master development located in Dubai's Burj area
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.
SITE VISIT: Damac Towers by Paramount
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.