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Monday, November 23 - 2009

Finishing touches continue at Damac's "The Crescent"

  • United Arab Emirates: Tuesday, September 23 - 2008 at 11:42
  • PRESS RELEASE

Luxury lifestyle provider, Damac Properties, is beginning the finishing touches to The Crescent, its IMPZ development that will offer residents tranquil living in the heart of Dubai.

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  • Damac's "The Crescent".
    Damac's "The Crescent".
Combining the convenience of the Emirates Road with a setting of lush and green landscaping, The Crescent is a stylish three tower development offering studio, one and two bedroomed apartments. Thanks to an innovative floor plan all apartments have views of the picturesque landscape and will be able to enjoy this quiet cocoon in the middle of Dubai.

Landscaping of the gardens is expected to be completed by the end of next month with an array of different plants and features being used to create a green haven in the centre of the development. Palms and ornamental trees will give a distinctly tropical feel while ground cover plants and rocks are being used to create interest and colour for residents. Work on the fountains within the complex has already been completed and the residents' swimming pool is currently being tested.

CEO of Damac Properties Peter Riddoch said:
"The Crescent will offer residents a wonderful green environment in which to live and careful consideration has gone into the landscaping part of the project. The outdoor environment will reflect the style and luxury of The Crescent apartments themselves and we are delighted to see this project now nearing its completion."


Inside the building snagging works are underway with representatives from Damac's Customer Relations Team undertaking regular visits to the site. All electrical appliances have been delivered as has the equipment for the shared gym at the development. Lifts are also expected to be completed this month.

Meanwhile Damac's design team has also started the process for the design and decoration of the lobby area which will feature marble and also the choice of soft furnishings and finishings for the reception area.

Damac Properties' will hand over 848 units at The Crescent in Q4 and Mr Riddoch added that he believed this development would be yet another landmark property in the company's iconic property portfolio.

"Today, Damac Properties' epitomises high-end luxury and high investment returns through its projects in the region. The Crescent is a fine example of combining the most stylish and modern apartments in an eco-sensitive setting," he said.

Damac Holding has now grown into a global conglomerate with more than 8000 employees in 12 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.

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.
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Notes and media contacts

About Damac Properties:

Damac Properties is part of Damac Holdings. Damac properties was established in 2002 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, 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, Italy, UAE, Russia, Jordan, Lebanon, Egypt, KSA and Qatar.

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: +9714 3322005 Ext 383
Fax: +9714 3311028

Padma Shivdasan Venu
Account Manager
BPG Public Relations
P.O. Box 3294. Dubai UAE
Tel: +9714 2953456 Ext 316
Fax: +9714 2951027

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