DAMAC Capri Towers contract marks a new construction milestone within Dubai’s expanding premium residential market, with China Energy Engineering Group Construction Company securing the general contracting role. The project forms part of DAMAC Riverside, a master-planned waterfront community in Dubai Investments Park 2.
The development will deliver two residential buildings comprising ten tower sections and approximately 231,900 square meters of built-up area. Although the contractor’s appointment signals progress for the project, the reported announcement does not disclose the contract value.
DAMAC Capri Towers Contract Expands Dubai’s Waterfront Housing
The Capri development will introduce furnished apartments designed around contemporary living, waterfront views and access to landscaped communal spaces. Its location within DAMAC Riverside places the buildings inside a wider residential community built around artificial canals and pedestrian-friendly waterfront environments.
According to SaudiGulf Projects, the development comprises Capri Tower 1 and Capri Tower 2, with each building containing five designated sections, A through E. Together, these structures will form a substantial residential component of the wider master-planned community. The reported built-up area of approximately 231,900 square meters indicates the scale of the construction package.
The apartments will include one-bedroom and two-bedroom configurations, with reported sizes ranging from 702 to 1,481 square feet. These layouts target residents seeking modern homes within an integrated community.
Furthermore, floor-to-ceiling windows and private balconies will connect interior spaces with surrounding views. Residents will also benefit from the development’s relationship with artificial canals, landscaped green areas and waterfront promenades. These features support DAMAC Riverside’s emphasis on combining residential accommodation with outdoor recreation.
The project’s construction will therefore contribute to Dubai’s continued expansion of premium housing beyond established central districts. However, the available announcement does not confirm the construction schedule, completion date or individual tower heights.
The expansion of Dubai’s premium residential market is also evident in RAK Properties’ plans to add Mirasol as part of 12 projects worth $1.36 billion in the Mina master development. Like DAMAC Riverside’s Capri Towers, the Mina development reflects continued investment in integrated residential communities, with waterfront living and lifestyle amenities shaping new construction across the UAE.
DAMAC Capri Towers Contract Strengthens China Energy’s UAE Portfolio
China Energy Engineering Group Construction Company’s appointment adds another DAMAC residential development to its UAE portfolio. The contractor has previously undertaken work on other DAMAC developments, including DAMAC Crystal Lake Apartment Towers and DAMAC Royal Apartment Towers.
The company’s involvement in Dubai’s residential construction market also reflects a broader presence among Chinese contractors delivering large-scale developments across the emirate. For example, China Energy Construction Group reported that construction commenced on the DAMAC Royal Apartments project in May 2026. That development covers approximately 192,700 square meters and features four apartment buildings.
Consequently, the Capri appointment provides continuity for China Energy’s work within DAMAC’s residential development pipeline. Nevertheless, the available announcement does not identify the project’s architect, engineering consultant, subcontractors or individual construction managers.
The development also aligns with Dubai’s wider urban expansion objectives. The Dubai 2040 Urban Master Plan places emphasis on improving quality of life and developing integrated communities. Waterfront housing, accessible public spaces and landscaped environments support these broader urban development priorities.
Once completed, the Capri towers are expected to expand the supply of premium apartments in Dubai Investments Park. They will also strengthen DAMAC Riverside’s residential offering as southern Dubai continues to develop.
The undisclosed contract value remains an important information gap. Until DAMAC or China Energy publishes a confirmed figure, the project’s financial scale should not be presented as an established dollar amount.
Project Fact Sheet
Name: DAMAC Riverside Capri Apartment Towers.
Type: Premium residential construction.
Location: Dubai Investments Park 2, Dubai, United Arab Emirates.
Developer: DAMAC Properties.
General contractor: China Energy Engineering Group Construction Company.
Development: DAMAC Riverside master-planned residential community.
Building configuration: Two residential buildings, Capri Tower 1 and Capri Tower 2, each comprising five designated tower sections.
Total tower sections: 10.
Total built-up area: Approximately 231,900 square meters.
Apartment types: Furnished one-bedroom and two-bedroom apartments.
Apartment sizes: Approximately 702–1,481 square feet.
Architectural features: Floor-to-ceiling windows, private balconies and contemporary residential design.
Community amenities: Artificial canals, waterfront promenades, landscaped green spaces and leisure facilities within the wider development.
Contract value: Not disclosed in the available announcement; USD value unconfirmed.
Construction timeline: Not disclosed.
Expected completion date: Not disclosed.
Project status: General contracting appointment announced on October 19, 2026.
Development objective: Expand premium residential accommodation within Dubai Investments Park and strengthen DAMAC Riverside’s housing offering.
Project Team
Developer: DAMAC Properties.
General contractor: China Energy Engineering Group Construction Company.
Master-planned community: DAMAC Riverside.
Architectural consultant: Not identified in the available announcement.
Structural engineering consultant: Not identified in the available announcement.
Mechanical, electrical and plumbing contractor: Not identified in the available announcement.
Infrastructure contractor: Not identified in the available announcement.
Project management consultant: Not identified in the available announcement.
Construction supervision consultant: Not identified in the available announcement.
Project financing institution: Not disclosed.
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