DAMAC Properties reaches new heights

The project is the company's third within Dubai Marina, an 82-story word-class iconic landmark strategically located at the entrance of the upscale development.

"We are very proud to add a new masterpiece to Dubai's growing cityscape. Ocean Heights is envisioned to be the pinnacle of convenience, excellent service, elegance and leisure," said Peter Riddoch, Chief Executive Officer at DAMAC Properties.

The project has a total of 672 apartments consisting of one, two and three-bedroom units with prices starting from AED 1.1 million. It offers a spectacular view of the Arabian Gulf and Palm Jumeirah, and is quite accessible to the nearby beachfront, hotels, shopping malls, beach clubs, golf courses and other leisure facilities.

Ocean Heights will provide customers with 24-hour security, a dedicated concierge desk, professional housekeeping services and 700 parking spaces.

Designed by award-winning architectural firm Aedas, Ocean Heights boasts of a contemporary style that suits the current trends of cosmopolitan Dubai residents. "The building reflects the finer things in life and caters to the exquisite taste of our target market," added Riddoch.

The tower will be fitted with an outdoor leisure deck complete with a temperature-controlled swimming pool, state-of-the-art gymnasium, sauna and steam room, as well as a game room and children's play area.

The development's luxury apartments will be on sale in DAMAC Properties' three sales offices in Dubai Media City, Dubai International Financial Center (DIFC), Bin Ham building next to Deira City Centre, as well as the company's worldwide sales offices.

Through its Dubai Shopping Festival 2005 mega promotion, the company will also hand over the keys to a brand new Audi A3 with any purchase of a studio or one-bedroom apartment. Buyers of 2 and 3 bedroom apartments will be given a 2005 model A4 due to be launched in March, and a Porsche 911 Targa will go to Penthouse investors.

The total value of DAMAC Properties' projects is over AED 4 billion. It is a subsidiary of the Damac Group established in 1982. An accredited ISO 9002 company, the Damac Group has now grown into a global conglomerate with more than 5000 employees in 16 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.