• HSBC

DAMAC Properties expands UAE sales network

  • United Arab Emirates: Sunday, September 17 - 2006 at 12:40
  • PRESS RELEASE

Luxury lifestyle provider, DAMAC Properties, announces today the opening of its Abu Dhabi sales office due to the substantially high demand for the property company's apartments, retail and offices by citizens of the UAE capital.

The office is located at the ground floor of the Mermaid Building within the prime location of Zayed the 1st street, Khalidiya district, while including all project models to give visitors a comprehensive overview of projects throughout the UAE and the region.

DAMAC's unveiling adds a fourth UAE-based sales office to its already existing outlets in Dubai Media City, Bin Ham Building facing Deira City Centre and Al Moosa Tower 2 on Sheikh Zayed Road. Property consultants will be available to cater to all clients needs during the office opening hours seven days a week from 10am until 7pm.

"The opening of our sales office in Abu Dhabi stems from the large interest in our properties by residents of the UAE capital as well as visitors to the city from many parts of the globe. On 19 September, our launch date, our doors will be exceptionally open from 10am till 10pm and we expect a great turnout",


said Peter Riddoch, CEO at DAMAC Properties.

"We have already established a presence in Abu Dhabi by launching our first project, Oceanscape, earlier this year. We accordingly felt that the presence of a sales office was imminent", Riddoch added.

Positioned on the renowned Al Reem Island, Oceanscape is an iconic mixed-use undertaking, including 184 one, two, and three bedroom apartments with state of the art finishing, as well as eight townhouses, each including a private swimming pool.

The project provides the ultimate in luxury lifestyle. Its sea facing location and ultra modern design will make it the most sought after address in Abu Dhabi.

The real estate endeavor will comprise a number of high-end amenities, including an infinity pool overlooking the mangroves and the sea, a state of the art health club, Jacuzzis, steam rooms, saunas, relaxation and massage rooms, as well as a pharmacy, boutique shops, restaurants, cafes, and a Children's play room and AV centre.

All customers will experience peace of mind with round the clock security, maintenance and concierge services, ample parking space, smart elevators that enable fastest access to each floor, along with smart home technology with electronic access system.
DAMAC Properties. 
DAMAC Properties.
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Throughout the region, DAMAC Properties recently unveiled an exquisite project in Lebanon, "la Residence by Ivana Trump", a US $150 Million real estate venture in the world-renowned Beirut City Center. In Jordan the property company introduced a $120 Million real estate venture within the world-acclaimed Abdali area of Amman.

DAMAC Properties also launched a $3.5 Billion exquisite mixed-use project within Trumpet Bay region located in the Tanggu District, Tianjin, People's Republic of china, as well as a $400 Million 14-building spectacular real estate venture within Lusail's Fox Hills community in Doha.

Last year, 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 (www.damacproperties.com) 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 $4 Billion. It is a subsidiary of the DAMAC Holding established in 1982. An accredited ISO 9002 company, DAMAC Holding 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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