Ssangyong E&C Secures $250 Million Contract for Downtown Dubai Residential Towers
Friday, 6 February 2026
Ssangyong Engineering & Construction has been awarded a $250 million contract to deliver two high-rise mixed-use residential towers in Downtown Dubai, reinforcing strong international confidence in the UAE’s real estate market.
Key Highlights:
- Ssangyong E&C wins a $250 million construction contract in Downtown Dubai.
- Project commissioned by Wasl, Dubai’s state-owned real estate development company.
- Development forms part of the Avenue Park Tower project.
- Two high-rise towers planned at 43 floors and 37 floors respectively.
- Buildings will feature residential units alongside office and commercial facilities.
- Construction period set at 32 months from project commencement.
- Prime location approximately 10 minutes from Dubai International Airport.
- Project supports Downtown Dubai’s continued growth as a mixed-use urban destination.
