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Damac Properties appoints main contractor to start construction on stunning "The Crescent" development
- United Arab Emirates: Monday, July 31 - 2006 at 10:35
- PRESS RELEASE
Luxury lifestyle provider and the region's leading private developer, DAMAC Properties, appoints UAE-based Intemass Engineering and Contracting as the main contractor entrusted with construction of its stunning "The Crescent" residential development, the company's first undertaking to be launched within the International Media Production Zone (IMPZ).
Intermass are renowned contractors in the UAE. They worked as main contractors on dazzling landmarks such as The Mega Mall along with the iconic golden tower in Sharjah.
"Intermass are leaders within the UAE. Their appointment as main contractors is due to our faith in the quality of their work. We have no doubt that they will deliver a final product that is hassle free, while providing customers a living space that offers utmost reliability and comfort", said Peter Riddoch, CEO at DAMAC Properties.
"The Crescent" will encompass a plethora of residential and leisure amenities. It will include 848 luxury studio, one, and two bedroom apartments with breathtaking views over a large man-made lake. The project offers ample parking space for residents, a swimming pool, tennis court, gymnasium, as well as 24 hours security and maintenance.
"Designed to suit many different discerning tastes, each apartment at The Crescent will be built according to the highest specifications and design using the best materials. We have worked very closely with the American architectural firm, PEBM, and local consultant Arkonsult/Arden to ensure that each apartment offers every modern amenity in a chic and homely setting," commented Riddoch
In 2005, the property company was honored with three prestigious Bentley International Awards 2005 in the categories of Best UAE Development for Marina Terrace, Best Architecture for Ocean Heights and Best Developer Website at a ceremony in London on 4 November 2005.
The Bentley International Property Awards, now entering their 11th year, have been described as the 'Oscars' of the property industry. The aim of the awards is to distinguish the highest levels of achievement in a range of property-related fields. Categories cover a wide range of property and real estate related activities and services, including Development, Interior Design, Architecture, Property, Advertising, Marketing, and Estate Agency Services.
The total value of DAMAC Properties' projects is over AED 15 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 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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