Dubai-based property developer Emaar Properties has awarded two contracts to Arabtec Construction to build 682 villas at the Arabian Ranches, valued at Dh487 million.
It has issued Letters of Intent to Arabtec for the completion of the design and construction of 594 villas known as Palmera (District 7) at Arabian Ranches to be completed in phases by June 20, 2007 and 88 villas known as Hattan (District 6A), also at Arabian Ranches to be completed by May 1, 2007.