Damac Issues Tenders For Eight ProjectsSunday, August 23, 2009
 Damac Properties has said it issued eight tenders for projects in August, worth Dhs2bn. The tenders are for Capital Bay, Executive Bay, The Corner, Park Central, Burjside Boulevard, Amber Residence, Lake side and Al Jawhara, the developer said. Enabling tenders for Commercial Square, Water's Edge and Harbour Heights have also been issued. The company, which has been criticised for missing completion deadlines on some projects, said this year it was moving away from aggressive expansion to aggressive completion and delivery. Over the coming two years it aims to have completed 25 towers, delivering 7,100 units, it said. Source: AME Info
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