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Thursday, November 26 - 2009

DAMAC to launch its first project in Dubailand

  • United Arab Emirates: Tuesday, December 19 - 2006 at 12:41
  • PRESS RELEASE

Luxury lifestyle provider, DAMAC Properties, today announced the launch of its first project in Dubailand called - The Cyclades.

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The project is comprised of 7 office buildings - Andros, Amorgos, Ios, Milos, Naxos, Paros and Santorini, of which the last two are now being launched.

'The Cyclades is a commercial property with Greek style architecture at Arjan, the master planned development within Dubailand. Brilliant white architectures with the great blue sky as backdrop, best describe The Cyclades at Arjan,' said Mr. Peter Riddoch, CEO DAMAC Properties.

Dubailand is an innovative, awe-inspiring entertainment and leisure development that represents an integral part of Dubai's bold vision to become the worlds top tourism destination. Arjan is a development within Dubailand and has been master planned to suit the busy lifestyle of fast-paced professionals. Located in the heart of Emirates Road - the business and commercial centre of Dubai, it is also close to the Arabian Ranches and Dubai Sports City.

The Cyclades are a Greek island group in the Aegean Sea, south-east of the mainland of Greece; and an administrative region of Greece. They are one of the island groups which constitute the Aegean archipelago. The name refers to the islands around the sacred island of Delos. The Cyclades comprise about 220 islands, the major ones being Amorgos, Anafi, Ándros, Antiparos, Delos, Ios, Kea, Kimolos, Kythnos, Milos, Mykonos, Naxos, Paros, Folegandros, Serifos, Sifnos, Sikinos, Siros, Tinos, and Santorini (Thira).

Designed in Greek style architecture, The Cyclades is a cluster of 7 office buildings of which 5 buildings rise upto six storey and the other are four storey buildings.

DAMAC Holding has now grown into a global conglomerate with more than 6000 employees in 18 countries. Being the first private sector company to make a commitment to Dubai¡¯s real estate market, DAMAC Properties has become the market leader with a strong sales record to its credit.
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Luxury lifestyle provider and the region's leading private sector developer, DAMAC Properties, won three prestigious awards at the CNBC Arabian Property Awards 2006. Property developer bagged the best development award for 'Oceanscape', best architecture award for 'Ocean Heights' and the best website award for the company's website - www.damacproperties.com.

ABOUT DAMAC PROPERTIES:
DAMAC Properties is part of DAMAC Holding. The company was established in 1996 and has grown into one of the most successful residential, leisure and commercial developers in Dubai and the Middle East, and is expanding rapidly into North Africa, Jordan, Lebanon, Qatar and the Far East. The company's portfolio of 52 towers is worth over AED15 billion. By partnering with world renowned architects and designers, DAMAC Properties aims to develop schemes that include residential, commercial and leisure facilities that will create an integrated community. The company's schemes are located in the most desirable and exclusive locations and the homes are built to a high quality specification that has become synonymous with the group. Driven by a passion for excellence, DAMAC Properties manage all their projects from start to finish. The company's diverse range of expertise allows them to control their land purchase activity, appointment of architects and designers, construction and sales and after sales service. In addition to support services provided by their Dubai headquarters, the company's comprehensive Customer Care Program provides solutions through its vast regional network with offices in the UK (London, Manchester and Glasgow), UAE, Iran, Russia, Jordan, Lebanon and Qatar. DAMAC Holding has grown over the years from a specialist catering company established in 1982, into a multi-billion dollar corporation to become one of the largest organizations in the Middle East. For further information, please refer to www.damacgroup.com and www.damacproperties.com.

Media contact:
Prem A. Ramachandran, DAMAC Properties,
Tel: 00 9714 3322005 - Fax: 00 9714 3311028

Agency Contact:
Ashutosh Gupta, PanGulf PR,
M: +97150 2834339

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