Damac Properties awarded 15 construction and consultancy contracts worth Dh1.26 billion ($343 million) between August and November 2016, bringing the total value of contracts awarded in 2016 to Dh6.51 billion ($1.77 billion) for projects in Dubai and the UK.

The awarded contracts are for the provision of services related to several projects in Dubai including its two golf communities Akoya by Damac and Akoya Oxygen, in addition to multi-tower projects Aykon City and Damac Towers by Paramount Hotels & Resorts.