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Zetas ATS Foundation Technology awarded the enabling works contract for Damac Heights

  • United Arab Emirates: Tuesday, July 15 - 2008 at 13:42
  • PRESS RELEASE

Damac Properties has appointed Zetas ATS Foundation Technology as the enabling works contractor for its Damac Heights project, located in Dubai Marina.

The enabling works will begin July this year with completion scheduled for June 2009. Damac has awarded nine contracts in 2008 till date worth over Dhs1.14bn, with many more to follow.

Damac Heights is a 98 storey residential tower located in Dubai Marina, and was Damac's first self branded tower. Overlooking the Palm Jumeirah, Damac Heights will house penthouses, duplexes, and 3, 2 and 1 bedroom apartments. The tower will offer the ultimate in luxury amenities such as health clubs for men and women, steam and sauna facilities, a gymnasium, swimming pools, nursery and day-care centers, a barbecue area, banquet area, golf simulator and games room. Residents can look forward to coming home to a private cinema, personal gymnasium, indoor swimming pool, jet spa and sauna.

Through agreements with Zetas and Aedas, Damac Properties is working towards satisfying client needs and will continue to reiterate its commitment and focus on completion of projects.

Of the appointment, Peter Riddoch, CEO, Damac Properties said:

"Delivery is the most important aspect of a real estate deal, UAE's property boom lead to high demand and shortage of construction facilities. To overcome this challenge, Damac is employing extra resources to ensure Damac customers get their homes as quickly as possible. Work is in progress in all of our projects; this year alone we have awarded contracts for nine projects and we will be awarding more contracts in the near future."


Earlier this month, Damac Properties announced its plans to deliver over 2300 units in 2008, followed by additional 7100 units in 2009/10.

He further added, "We are pleased to be working with Zetas as enabling contractor for Damac Heights. They have an industry reputation for delivering quality and efficiency and Aedas, our concept architects for this project, is an internationally renowned firm recognized worldwide for their creative building design consultancy services. Both our partners on this project have extensive experience and high credibility and we are confident that this expertise will assist us on delivery a unique, high-end project."

Damac Holding has now grown into a global conglomerate with more than 7000 employees in 18 countries. Being one of the first private sector companies 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.

Over 110 nationalities have bought properties from Damac Properties till date and effective support services have been provided by the property developer. The company's comprehensive customer care program provides solutions through its vast regional network with offices in the UK (London, Manchester), Ireland, UAE, Russia, Italy, Jordan, Saudi Arabia, Lebanon, Egypt and Qatar.
Damac Heights. 
Damac Heights.
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About Damac Properties:
Damac Properties is part of Damac Holdings. Damac properties was established in 1995 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, Saudi Arabia and the Far East.

The company's portfolio includes properties spread across 670 million square feet and is worth in excess of $45bn. 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, luxury and determination to delivers homes to its customers as quickly as possible, the company is working closely with contractors and providing the necessary support mechanism to deliver quality and timely completion of projects. The company is taking every step towards safeguarding its customer's interest and will deliver 2300 units in 2008 and a further 7100 units by 2010.

Damac Properties manage all their projects from start to finish, the company's diverse range of expertise allows them to control 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, Reading, Leicester, Birmingham and Glasgow), Ireland, Italy, UAE, Russia, Jordan, Lebanon, Egypt, KSA and Qatar.

Damac Properties were recently awarded five CNBC Arabian Property Awards for 2008. The accolades included awards for Best High-Rise Architecture for their Marina Bay Project in Abu Dhabi, Best Development for their Hyde Park project in Cairo, Egypt, Best Marina Development, also for Marina Bay in Abu Dhabi, Best Property Marketing awards for the Dubai Shopping Festival 2008 campaign and Best Developer Website for the third consecutive year.

The parent company, Damac Holdings, 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 more information please contact:
Niall McLoughlin
Senior Vice President - Corporate Communications
Damac
Tel: +971 4 3322005 Ex 383
Fax: 00 9714 3311028
Mobile +971 50 6251329

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