DAMAC appoints ECC as the main contractor for its 'Smart Heights' project at TECOM

The project is scheduled to be completed by the end of 2008.

DAMAC was the first to announce an office tower within TECOM with the launch of Executive Heights. Smart Heights is the company's second project in TECOM.

"While aiming to diversify the group's activities, we launched DAMAC Properties four years ago, and today, the property company has grown tremendously to become the Middle East's most prominent luxury focused private sector master developer. We are delighted to have chosen ECC for the Smart Heights project and I am confident that this will be a unique offering that the industry will be proud off," said Mr. Hussain Sajwani, Chairman of DAMAC Holding.

Smart Heights will offer 288,000 square feet of state-of-the-art office space, 22,000 square feet of prime retail outlets, as well as 6 levels of parking. Other amenities include a healthcare and daycare center. The project will offer businesses the ultimate in smart technology.

"Through Smart Heights, we are offering our clients the ultimate in convenience and comfort. Its highly sophisticated smart technology will provide companies with the facility to operate in one of the most efficient and effective businesses environments available today in Dubai. Going forward we plan to launch many such office developments in the markets that we currently operate in,"

said Peter Riddoch, CEO at DAMAC Properties.

Smart technology feature encompasses a smart card for controlled access anywhere in the building, smart lighting energy management system, smart technology featuring eye-biometric recognition, a fully automated boardroom and business lounge, along with a touch pad request and LCD screen response in smart elevators.

International Foundation Group (IFG), Dubai's foremost deep foundation specialists, was the enabling works contractor for Smart Heights. IFG stands as one of the leaders in the field of specialist geotechnical and foundation engineering.

Furthermore, DAMAC Properties recently 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 2' and the best website award for the company's website - www.damacproperties.com. In December 2006, the company also won the IREF ME award for the best residential development in the UAE.