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Invest in DUBAI
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April 2012DAMAC Properties
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Why Dubai? Why DAMAC?
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“ Imagine New York without crime… that’s Dubai ’’
“ Imagine London without its erratic weather… that’s Dubai ’’
“ Imagine Tokyo minus the congestion… that’s Dubai ’’
“ Imagine sun and sand year round… that’s Dubai’’
“ Imagine 100% business and 0% tax… that’s Dubai’’
“Charming as Venice, buzzing as Hong Kong… that’s Dubai’’
“More fashion than Paris, more beaches than Miami… that’s Dubai’’
“ More gold than Fort Knox… that’s Dubai’’
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’’Few other cities in the world, have so many landmarks that have become global firsts’’
The Burj Khalifa - The World’s Tallest Building
Burj Al Arab - World’s first 7 Star Hotel
Dubai Mall - One of the World’s Largest Malls
The Palm Island - The World’s Largest Man Made Island
Dubai Marina - One of the Largest Man Made Marinas in the World
Atlantis, the Palm - One of the Largest Open Air Marine Habitats in the World
Dubai Metro - The Longest Driverless Network
Deira Gold Souq - The Largest Gold Bazaar in the World
Floating Bridge - The Longest Floating Bridge in the World
Largest Flag - The World’s Largest Flag at Union House
Ski Dubai - First Indoor Ski Resort in the Middle East
Dubai World Cup - The World’s Richest Horse Race
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The Global Competitiveness Report placed UAE 1st in the Region and 8th in the World in terms of quality of Infrastructure.
Free Zones - The first free zones in the world for IT, Outsourcing, Media, Biotechnology among others.
The Dubai Financial Market (DFM) was established in March 2000 as a secondary market for trading securities and bonds, both local and foreign.
Sheikh Maktoum International Airport in Jebel Ali - Will be the world’s largest cargo and passenger hub with an annual cargo capacity of 12 million tons and a passenger capacity of 120 million passengers per year.
Dubai remains the most favored location in the Middle east for multinational corporations to establish their regional headquarters.
According to Colliers International, more than 60% of global investors are planning to purchase property over the next 12 months.
’’ The Global Country Brand Index ranks Dubai 2nd as the place most people would like to start doing business!“
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’’If you are looking for a unique destination that is a dynamic business centre and a tourist paradise, offering
more attractions, shopping, fine dining and quality hotels, it’s definitely Dubai’’
Dubai’s Key Advantages
• Strategic location & well established trading links exist with the greater than 1.5 billion people in the neighboring region covering the Gulf, Middle East/Eastern Mediterranean, CIS, Central Asia, Africa and the Asian sub-continent.
• Dubai’s total international trade has grown on average by over 11% per year since 1988 and regional economic growth and liberalization should boost demand further.
• A buoyant local economy strategically located in the midst of one of the world’s richest regions and well endowed with ample supplies of cheap energy and primary aluminum; also adjacent to major regional suppliers of vital agro-export commodities.
• Diversified - varied and significant import requirements generate opportunities for product suppliers and re-exporters.
• Accessible - served by over 120 shipping lines and linked via 120 airlines to over 200 global destinations.
• Open - no exchange controls, quotas or trade barriers.
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• According to Colliers International, more than 60% of global investors are planning to purchase property over the next 12 months.
• Dubai Land Department figures show that the number of property transactions increased by 31% from Q2, 2010 to Q2, 2011.
• The total value of property transactions increased by 59% in the same period. This supports the view that many of the MENA buyers are buying luxury high-end properties.
• Jones Lang LaSalle’s recent survey of institutional real estate investors showed that interest is becoming increasingly focused on the UAE, Saudi Arabia, and Qatar, with significantly more potential buyers than sellers of real estate in each of these markets.
• Asian investors are also beginning to enter the middle and lower end segments of the market according to Jones Lang LaSalle.
“You might want to know who is investing in Dubai property market? Lets find out…“
SOURCE: JONES LANG LASALLE - DUBAI CITY PROFILE REPORT – SEPTEMBER 2011 & COLLIERS
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• There is an inverse relationship between stocks and property – as global stock markets fall, the value of property sales rises.
• Property is seen to be a safer investment than stocks during periods of economic volatility.
• According to Jones Lang LaSalle, the decline in the stock market is positive for “quality” property investments in Dubai.
• Investors make money from property by either buying low or selling high, or both. Now is the time to buy low.
“Why invest now and not wait for a year or two?
Here is why..”
SOURCE: JONES LANG LASALLE - DUBAI CITY PROFILE REPORT – SEPTEMBER 2011 & COLLIERS
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Did you know?
• Dubai International Airport was rated as the World’s fourth busiest International Airport in 2010.
• It enjoyed a record year in 2011 in terms of passenger growth and is on its way to becoming the second busiest airport in the world!
• According to a recent study by Capa Centre for Aviation, Dubai International Airport will soon emerge as the second busiest airport in the world, leap-frogging Hong Kong and Charles de Gaulle!
• The report’s analysis of seat capacity found that the airport’s winter 2011-12 schedule will push Dubai into the second spot worldwide!
Airline Operators Operating Margin, 2010 (%) Worlds Busiest AirportsBy International Passenger Traffic, 2010 (m)
AMRHeathrow (UK) 60.9
Charles De Gaulle (France) 53.2
Hong Kong Int. (China) 49.8
Dubai Int. (UAE) 46.3
Frankfurt (Germany) 46.3
Lufthansa
United Continental
Emirates
Cathay Pacific
Sources: Morgan, Stanley: Bloomberg;Airports Council International10
Knight Frank Global House Price Index
Rank Country12-month % change
(Q4 2010-Q4 2011)
6-month % change
(Q2 2011-Q4 2011)
3-month % change
(Q3 2011-Q4 2011)
Latest data if not Q4 2011
1 Brazil* 26.3% 10.2% 4.2%2 Estonia 12.3% 4.4% 1.3%3 Hong Kong 11.3% -2.7% -2.4%4 India 11.1% 2.8% 3.3%5 Slovenia 10.1% 3.8% -0.9% Q3 2011
6 Iceland 8.1% 4.4% 2.7%7 Norway 8.0% -0.1% -0.4%8 Turkey 7.7% 4.6% 2.4%9 Malaysia 6.6% 2.7% -1.3% Q3 2011
10 Canada 6.5% 6.1% 2.2% Q3 201111 Switzerland 5.5% 3.6% 3.2%12 Germany 5.4% 5.5% 2.7%13 Austria 5.1% 1.1% 4.1% Q3 201114 Indonesia 5.1% 1.6% 1.2%15 Singapore 4.6% 1.4% 0.3%16 Luxembourg 4.4% 3.6% 2.3% Q3 201117 France 4.3% 1.7% -0.6%18 Belgium 4.2% 3.1% 3.0% Q3 201119 South Africa 3.6% -0.2% -1.0%20 Colombia 3.2% 3.6% 2.8% Q3 201121 New Zealand 3.1% 2.2% 0.7%22 Morocco 2.9% 0.6% -0.5%23 Lithuania 2.6% -5.7% -2.6% Q3 201124 Malta 1.8% 5.5% 3.4% Q3 201125 United Kingdom 1.1% -1.2% -1.1%
26 Dubai UAE 0.5% 0.4% 2.3%
Knight Frank Global House Price Index
Rank Country12-month % change
(Q4 2010-Q4 2011)
6-month % change
(Q2 2011-Q4 2011)
3-month % change
(Q3 2011-Q4 2011)
Latest data if not Q4 2011
27 Croatia 0.2% 1.0% 0.2%28 Finland -0.4% -2.5% -1.4%29 Israel -1.2% -3.0% -1.8%30 Hungary -1.4% -2.3% -1.0% Q3 201131 China** -2.1% -2.4% -4.3%32 Italy -2.3% -1.4% -0.7%33 Slovak Republic -2.7% -1.6% -1.0%34 Sweden -2.8% -3.5% -3.3%35 Japan -3.2% -1.5% -0.8%36 Netherlands -3.3% 2.4% -1.7%37 United States -3.7% -1.3% -1.4%38 Taiwan -4.1% -51-.1% 1.8%39 Latvia -4.3% -1.2% -0.2%40 Australia -4.8% -2.9% -1.0%41 Denmark -5.0% -5.3% -5.3% Q3 201142 Portugal -5.1% -4.9% -2.8%43 Czech Republic -5.2% -1.5% -0.9%44 Greece -5.9% -4.6% -2.8%45 Bulgaria -6.2% -2.4% -1.5%46 Poland -6.6% -2.9% -0.9%47 Jersey -6.8% -6.6% -1.6%48 Spain -6.8% -3.1% -1.8%49 Ukraine -7.0% -3.3% 0.3% Q3 201150 Russia -9.3% 3.5% 1.8%51 Cyprus -9.5% -5.2% -4.4% Q3 201152 Ireland -16.7% 9.0% -5.4%
*Based on asking prices**Based on Beijing & Shanghai
Global House Price Index - Knight Frank
The Knight Frank Global House Price lndex was established in 2006 and is the definitive means for investors and developers to monitor and compare the performance of mainstream residential markets across the world. The index is compiled on a quarterly basis using official government statistics or central bank data where available.
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THE OUTLINE
•Strategichublocation
•Multi-Trillionfiscalreserves
•PoliticallyStable
•Nownon-oildependent
•Strongregulatoryenvironment
•FreeofallIncomeTaxandCorporationTax
•Lifestyledestination
THE VISION
•Tobethetoptourismdestinationintheworld
•Tobetheglobalonshorefinancialcentreofchoice
for the world’s leading financial institutions
•To“house”theworld’slargestITcorporationsin
central free zones like TECOM such as to Cisco,
Microsoft, IBM, DELL
SOURCE: http://www.ameinfo.com/news/Company_News/G/Government_of_Dubai/Dubai_Strategic_Plan_2015
Dubai 2015 Strategic Plan
Dubai population 2000 - 20155,000,000
4,500,000
4,000,000
3,500,000
3,000,000
2,500,000
2,000,000
1,500,000
1,000,000
500,000
2000 01 02 03 04 05 06 07 08 09 10 11 12 13 14 15
Population Growth Population Forecast
Per Capita GDP USD$ 2000 - 201550,000
45,000
40,000
35,000
30,000
25,000
20,000
15,000
10,000
5,000
02000 01 02 03 04 05 06 07 08 09 10 11 12 13 14 15
Per Capita GDP Growth Per Capita GDP Forecast
Visitor Growth 2000 - 201516,000,000
14,000,000
12,000,000
10,000,000
8,000,000
6,000,000
4,000,000
2,000,000
02000 01 02 03 04 05 06 07 08 09 10 11 12 13 14 15
Visitor Growth Visitor Forecast
Source: Dubai Strategic Plan12
Why DAMAC?13
DAMAC Properties - Who we are ?
As the region’s largest private developer, DAMAC Properties has an established pedigree and a proven track record for delivering some of the most luxurious residential, commercial, retail, leisure and hospitality developments in the Middle East.
As an internationally acclaimed developer, DAMAC Properties has a diverse real estate portfolio which includes architecturally inspiring super-tall towers, deluxe hotel apartments and a boutique shopping mall in Egypt.
The company’s position as a premium developer has been reinforced through a series of strategic collaborations and partnerships with leading international designers, architects and consultants.
DAMAC Properties has completed 36 buildings to date with 7,374 units and spanning 13,132,484.00 sq feet
In addition, DAMAC Properties has a further 50 buildings at various stages of progress across the Middle East and North Africa region. These consist of 9,849 units, spanning 16,886,151.00 sq feet
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DAMAC Properties’ building for a sustainable future
DAMAC Properties is strategically focused on sustainable development. The company is renowned for identifying the most sought after locations in the world and enhancing them to create a harmonious synergy between the natural environment and the developer’s concept of luxury living.
At DAMAC Properties, sustainability not only refers to the incorporation of innovative energy saving solutions from the design phase to construction, but also the establishment of a sustainable development pipeline which will deliver value to customers for many years to come.
DAMAC Properties’ credentials in this sphere were recognized by the 2011 Big Project BGreen Awards, in which the company was named ‘Developer of the Year.’
The developer has been delivering premium properties to customers for the last decade. It has been redefining the urban landscape, contributing to the creation of communities as well as providing stable long term investment opportunities within the region’s real estate sector.
There are very few developers in the world who could claim to match DAMAC Properties’ achievements across such a diverse range of regional markets.
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efining ifferentiated istinctive
Luxury is in the detail. DAMAC Properties focuses on the
finer points and searches the world for premium materials to
accentuate and distinguish its developments. Whether its crystal
imported from Austria or leather couriered from Italy, DAMAC
Properties will go to the ends of the earth to create its own
unique style.
A development by DAMAC Properties stands out from the
crowd. Through a combination of striking architecture, the use
of premium materials and distinctive interior design concepts,
DAMAC Properties creates its own unequivocal space.
It’s therefore not surprising that distinctive names like
Versace Home choose to partner with DAMAC Properties
in the Middle East.
Luxury in the detailLuxury across 7 countries Versace branded apartments
DAMAC Properties defines luxury across seven countries.
With a string of prestigious international property awards, the
developer sets the benchmark for quality and style. Whether
it’s Versace branded residences in Saudi Arabia and Lebanon,
or high rise penthouses in Dubai, DAMAC Properties has set
new expectations for quality and luxury across the Middle East
region.
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eveloping ominant elivering
DAMAC Properties is always evolving, always expanding, always
growing. With fifty projects currently under development across
the region, spanning 17 million square feet, DAMAC Properties
development footprint is vast and only getting larger. DAMAC
Properties has the size and scope to keep developing and
continue delivering.
DAMAC Properties dominates the premium market segment,
with over 30 million square feet of luxury. It is the largest private,
luxury developer in the Middle East.
DAMAC Properties delivers on its promises. To date, DAMAC
Properties has handed over 36 buildings, including 7374 units,
over a development footprint of more than 13 million square
feet. Its portfolio of delivered projects has received international
acclaim with an impressive display of awards and accolades.
50 Buildingsunder development
30 million sq. ft. of luxury 36 buildings delivered
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DAMAC PropertiesAn Award Winning Luxury Property Developer
2005 - 2011
DAMAC Properties is a global leader in real estate development and has back-to-back wins in the most prestigious real estate awards in the world; ‘The Bloomberg International Property Awards’. In 2011, DAMAC Properties’ ‘Park Towers’ development in Dubai was named ‘The Best Mixed-Use Development’ in the world. Also in late 2011, DAMAC Properties was named ‘Developer of the Year’ in the Regional Big Project BGreen Awards.
This collection of regional and international awards reinforces DAMAC Properties’ pedigree as a luxury developer and represents an expansion of the award-winning property development portfolio. It is further recognition of the company’s ability in consistently delivering some of the most luxurious residential, commercial and retail properties in the world.
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DAMAC Properties Product Mix
Hospitality
Luxury Offices
Branded Residences
IconicTowers
Retail & Malls
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The Promise delivered DAMAC Properties has completed 36 buildings to date with 7,374 units and
spanning 13,132,484.00 sq feet
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Ocean Heights at the Dubai Marina was completed in 2011.
Ocean Heights is an 84 storey, 612 unit development situated in the premium acreage of Dubai, surrounded by five-star resorts, boutique hotels and breathtaking developments. At Ocean Heights, experience the finer points of luxury apartment living at its finest.
If anything can match the elegance of its exteriors, it is the interiors. Every corner of Ocean Heights complements its intriguing architecture. When you close your doors and windows, you don’t loose breathtaking views of the azure-blue sea.
Delivered22
Park Towers at the Dubai International Financial Centre was completed in 2011.
Park Towers is an international award winning two-tower mixed use project in the heart of the Dubai International Financial Centre. Each tower is 49 storeys high, and offer exquisitely designed 1, 2 & 3 bedroom apartments offering panoramic views of the financial hub and provides for the ultimate in exclusivity and comfort.
The two towers are designed to provide a luxurious yet comfortable setting. Already a Dubai real estate icon, the intelligent design of Park Towers is a feature in itself.
Delivered 23
Marina Terrace in Dubai Marina was completed in 2006.
DAMAC Properties’ first project to be completed, Marina Terrace set new standards for opulence, exclusivity, and luxury living.
Its contemporary design and sensibility exudes grace and style. Every apartment in Marina Terrace is designed to maximize the panoramic views from Dubai Marina’s finest waterfront location.
A world of elegance, privacy and international sophistication in one of Dubai’s most dazzling marina settings.
Delivered24
The Waves in Dubai Marina was completed in 2006.
The Waves is a 600,000 sq. ft, two-tower residential project situated in the heart of the Dubai Marina.
Consistent occupancy rates in excess of 97% shows that the modern design blended with the most advanced amenities and a breathtaking view of the Marina, makes it one of the most desired residential addresses in the Dubai Marina.
Delivered 25
Smart Heights in TECOM was completed in 2010.
SMART Heights offers office space as a smart investment. Owning an office in the heart of the Technology & Media Freezone (TECOM) gives your business the competitive edge, reduces overheads and increases productivity.
Delivered26
Executive Heights in TECOM was completed in 2009.
Executive Heights is the calling card of global & regional businesses. A 25 floor structure offering 360,000 Sq. ft. of office space with state of the art communications and networking technology to keep your business on the move at all times.
Delivered 27
Lake Terrace in Jumeirah Lake Towers was completed in 2008.
Lake Terrace was designed by award winning architects WS Atkins, the team behind the famous Burj Al Arab, and is a stunning display of modern architecture.
Dubai Marina, Emirates Golf Club, International Hotels and impressive new retail malls are some of the leisure facilities just a short stroll away.
Delivered28
Lake View in Jumeirah Lake Towers was completed in 2008.
Living at Jumeirah Lake Towers is all about exceeding expectations - be it realising an investment or dreaming of a lakeside lifestyle. Lake View raises 40 storeys on the waterfront at Jumeirah Lake Towers.
Lake View offers a range of studio, 1 & 2 bedroom apartments, each with access to an array of recreational and retail outlets .
Delivered 29
Business Tower in Business Bay was completed in 2011.
Business Tower is symbol of dynamism and growth. On the water in Business Bay, this is a signature commercial building which stands out amongst other properties in Dubai.
A property investment with a distinguishable identity from the surrounding buildings.
Business Tower in Business Bay is undoubtedly a prime Dubai real estate destination for both work and leisure.
Delivered30
The Crescent at the International Media Production Zone was completed in 2010.
The Crescent features studio, 1&2 bedroom apartments, with a unique floor plan that affords you panoramic views of the surrounding landscape and picturesque lake.
Offering the conveniences of a master-planned community this Dubai real estate investment has shopping, restaurants and recreation facilities.
Delivered 31
XL Tower in Business Bay was completed in 2011.
Situated at the gateway to Downtown Dubai, XL Tower provides an ideal location and the infrastructure for multi-national corporations to establish their local, regional and international headquarters.
XL Tower sits on the water-front, with views across water to Dubai’s tallest building, the Burj Khalifa.
Delivered32
Emirates Gardens in Jumeirah Village was completed in 2010.
A Mediterranean themed architectural style, Emirates Gardens is where every detail shows care and every furnishing spells class.
The development is a delightful combination of 3 buildings, Gardenia, Lavender and Rose. A low rise development, which is only four storeys high. Exquisitely punctuating the Dubai real estate landscape with refined style and elegance, Emirates Gardens is also host to retail and restaurants on the ground level alongside the street.
Delivered 33
Lago Vista in the International Media Production Zone was completed in 2010.
Lago Vista is a three tower development gracefully designed around a crescent-shaped portico. Tower A and C are 21 floors while Tower B is 24 floors
Designed to give space and the freedom to live life to its fullest, close enough to see the glittering lights of the city, but far enough away not to hear the noise. These bright and airy apartments are your refuge from the hustle and bustle of life in the big city.
Delivered34
Emirates Gardens in Jumeirah Village was completed in 2011.
Emirates Gardens 2 is a freehold residential development centrally located near Dubai Media City, Dubai Internet City and Jebel Ali Freezone, the location is central, yet serene.
The development is a delightful combination of 3 buildings, Maple, Magnolia and Mulberry. A low rise development, just four floors high. A diverse selection of spacious Mediterranean and Arabic themed studio, 1 & 2 bedroom apartments.
Delivered 35
Tuscan Residiences in Jumeirah Village was completed in 2011.
Tuscan Residence is strategically positioned near Dubai Media City, Dubai Internet City and the Jebel Ali Freezones.
Mediterranean and Arabic architecture, a three building development, Florence, Siena and Arezzo stand side-by-side in a trilogy. Enjoy a quiet, serene lifestyle, without compromising on proximity to the city. Studio, 1 & 2 bedroom apartments, with balconies and terraces.
Delivered36
The Progress – Under constructionDAMAC Properties has 50 buildings at various stages of progress across the Middle East
and North Africa region. These consist of 9,849 units, spanning 16,886,151.00 sq feet
37
Structure completed
Burjside Boulevard is DAMAC’s first luxury serviced Hotel Apartment development, and is located opposite the Dubai Mall, with unobstructed exclusive views of the Burj Khalifa.
Managed as per five-star international hotel standards by hospitality management company ’DAMAC Suites & Spa’, Burjside Boulevard offers contemporary opulent 3, 2 and 1 bedroom apartments with fully equipped kitchens.
• Housekeeping• Room service• Concierge• Restaurant and coffee lounge• Residents lounge• Sauna and Spa • Swimming pool • State of the art Gymnasium
Personalized services including Private Chef Service, Personal Shopping Service, Baby Sitting Service, Butler Service, Spa Services within the private confines of apartments. Other luxury services include Private Yacht Charter, Private Jet Charter, Limousine and Chauffeur Service.
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Piling works complete
Burjside Terrace is a luxury serviced apartment development overlooking the Burj Khalifa, Business Bay lake view, Al Khail Road and walking distance to Dubai mall. Burjside Terrace offers contemporary opulent 3, 2, 1 bedroom and studio apartments, fully furnished and serviced to the highest levels.
Managed as per five-star international hotel standards by hospitality management company ‘DAMAC Suites & Spa’, Burjside Terrace offers contemporary opulent 3, 2 and 1 bedroom apartments with fully equipped kitchens.
• Housekeeping• Room service• Concierge• Restaurant and coffee lounge• Residents lounge• Sauna and Spa • Swimming pool • State of the art Gymnasium
Personalized services including Private Chef Service, Personal Shopping Service, Baby Sitting Service, Butler Service, Spa Services within the private confines of apartments. Other luxury services include Private Yacht Charter, Private Jet Charter, Limousine and Chauffeur Service.
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A prime location is central to fine living. The Residences at Business Central, in Dubai’s emerging central Business Bay district is superbly located close to the world’ s tallest building, the biggest mall and the most prestigious square kilometer of land in the world. This residential address offers you a Dubai apartment with a refreshing perspective on luxury living. Choice of thoughtfully appointed 1, 2 & 3 bedroom Dubai apartments.
• Landscaped gardens • Modern Gymnasium • Swimming pool • Barbeque area • Children’s outdoor play area • Retail on ground & mezzanine • Shopping arcade
Topped out42
Main works commenced
From the moment you step inside DAMAC Heights, you›ll be swept away into the lap of luxury. Overlooking the Palm Jumeirah, the 8th man-made wonder of the world, this signature tower offers the most exclusive penthouses, duplexes, 3, 2 and 1 bedroom apartments in the world.
When looking for apartments in Dubai, look no further than DAMAC Heights.
• Security access control • Intelligent control of cooling, heating and lighting • Central monitoring and control of building services • Meeting room for parties and gatherings • Temperature controlled swimming pool • Sauna/Steam/Spa bath and Gymnasium • Barbecue area • Ample covered car parking on multiple levels
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Level 9 in progress
Located in the heart of the Dubai World Central Residential City and close to the world’s largest airport, the Dubai World Central Al Maktoum International Airport (JXB), Amber Residence offers a long term Dubai property investment. It’s Dubai real estate right in the middle of Dubai’s logistics corridor.
• Swimming pool • State of the art Gymnasium• Multi-purpose activity room• Retail on ground floor• Conceirge desk• Restaurants and Coffee shops
44
Topped out
Located in Majan in Dubailand, you’ll definitely stop to admire the diverse and unique architecture of this development. Madison Residences exemplifies the artistic mastery of the early 20th century Manhattan style of architecture. The exteriors are truly a visual delight and set a hallmark of excellence.
Situated close to the Jebel Ali Airport, the Arabian Ranches, Dubai Sports City and the Mall of the Emirates.
• Gymnasium • Swimming pool • Reception desk • Restaurants and cafes
45
Level 4 complete
Located in Jumeirah Village with architecture that captures the exotic mystique of this alluring land, Green Park is a truly beautiful residential development (two buildings forming a development), in a delightful combination of buildings. Green Park offers the perfect duplexes, studios, 1 & 2 bedroom apartments.
• Swimming pool • State-of-the-art Gymnasium • Sauna and steam room
46
Tower A, B, C & D - Level 13
Located in the International Media Production Zone, Lakeside is a beautiful residential development that is aligned around a crescent-shaped portico, and offers a distinct floor plan that maximizes views across the lake. You will have everything you need to feel at home in your dream apartment by the lake.
• Gymnasium • Steam & sauna room • Swimming pool • Children’s play area • Barbecue area • Function room • Tennis court
47
Topped out
Located in Jumeirah Village and inspired by Chicago style architecture, Lincoln Park has a well articulated and ornamented front entrance, flat roofs with parapet walls and beautifully designed roof terraces.
Brilliant low-rise architecture with the great blue sky as a backdrop, best describes Lincoln Park. Situated near Dubai Sports City, the Arabian Ranches and Mall of the Emirates.
• Gymnasium
• Swimming pool
• Retail & restaurants on ground level
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Suburbia, located in Downtown Jebel Ali, is a spectacular real estate development comprising of 2 towers with spacious townhouses. Inspired by a montage of Moroccan architecture, incorporating bright colour schemes, geometrical patterns and richly ornamented exteriors, Suburbia captures the exotic mystique of this alluring land.
• Townhouses offer - triplex, duplex and single floor dwelling • Open roof terraces • 24-hr concierge and help desk facilities • Outdoor swimming pool • Jogging track • State-of-the-art Gymnasium • Children play area • Retail on ground floor • Restaurants with outdoor settings
Topped out49
DAMAC PropertiesAbu Dhabi
Reem Island, Abu Dhabi
50
Topped out
Marina Bay is a mixed-use tower on Abu Dhabi’s Reem Island with residential, retail and prime commercial space. Located in close proximity to two 5-star hotels, Marina Bay offers you an Abu Dhabi apartment with exquisite views of the canal that connects the entire development. Indulge in the pleasure of owning a waterfront Abu Dhabi property, and a lifestyle where the sky and bay meet outside your balcony. A distinguished lifestyle investment for connoisseurs of fine living.
• Premium retail space with boutiques and small shops• Restaurant and cafes • A pool overlooking serene waterfront • State-of-the-art Gymnasium• Steam, sauna & massages • Children’s playroom • Residents lounge
Reem Island, Abu Dhabi
51
A triumph of futuristic design with a true statement of the ultimate lifestyle, Oceanscape, on Al Reem Island, is an iconic mixed used landmark development, dynamically occupying pride of place on the water’s edge. Residents can enjoy uninterrupted views of the sea as they settle in to this vibrant district. Oceanscape offers exclusive sea-facing Abu Dhabi townhouses above the podium, boutique retail space over 3 levels and manicured landscaping and gardens to enhance the appeal of the surrounds.
• Island living on one of Abu Dhabi’s natural islands• Less than 1 kilometer from the Abu Dhabi CBD• Coffee shops • Swimming pool overlooking the mangroves and the sea • State of the art Gymnasium • 24-hour security • Jacuzzis • Residents lounge
Top Slab Works completed52
DAMAC PropertiesJordan
53
Level 26 complete
The Heights, in Abdali - located in the heart of Amman, is a unique Jordan real estate opportunity to build a new downtown for a vibrant city. A carefully crafted plan spanning more than one million square meters of construction.
• State-of-the-art Gymnasium• Temperature controlled swimming pool• Retail on ground & mezzanine levels• Cafe• Juice bar
54
Ground floor pour completed
The Courtyard is a Jordan real estate marvel, located at the gateway to the Abdali master plan. A unique lifestyle choice with an open roof terrace, lofts and parking at basement level. At The Courtyard you can enjoy state-of-the-art infrastructure and services. Certainly the finest of Jordan apartments.
• Open roof terrace• State-of-the-art Gymnasium• Temperature controlled swimming pool• Retail on ground & mezzanine levels• Cafe• Juice bar
55
1st Floor Verticals under progress
The Lofts are located at the gateway to the Abdali master plan. Undoubtedly, the finest address of the privileged few. These Jordan apartments offer a unique lifestyle choice with homes that feature high ceilings and wide open spaces that exude an elegant style and sense of freedom. Ideal for lovers of modern living.
• Jacuzzi• Sauna and steam • State-of-the-art Gymnasium• Temperature controlled swimming pool• Restaurants• Cafe• Juice bar• Underground parking
56
DAMAC PropertiesQatar
57
With an ultra-modern and sleek architectural design, Business Square is among the most stylish towers in the Qatar real estate market. Vibrant with a modern atmosphere, this mixed-use Doha property is one of the leading developments in the region, and a Qatar real estate gem.
• Hi-speed internet • Swipe access • Business lounge • Health club • State of the art Gymnasium • Multi-function room • Retail on ground level • Restaurants • Boutiques • Multi-level car parking • 24-hr security & security camera
1st Floor in progress58
First Floor in progress
With an exhilarating modern design, The Piazza is situated in Qatar’s largest domestic development, Lusail. Its unique exterior meshes a palate of colour, creating a visual display against the backdrop of the blue sky. The Piazza offers a Qatar real estate investment opportunity from the largest private property developer in the region.
• State-of-the-art Gymnasium• Temperature controlled swimming pool• Retail on ground & mezzanine levels• Cafe • Juice bars• Close proximity to World Cup 2022 matches
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DAMAC PropertiesEgypt
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Handover for fit - out commenced
Park Avenue on Cairo Alex Desert Road will be Cairo’s premier boutique retail and commercial destination, with 657 retail units and 84 office units over 120,625 sqm of developed land. There is also provision for 2,050 parking spaces. Ten minutes from the pyramids of Giza, 30 minutes from downtown Cairo and 45 minutes from Cairo International Airport, Park Avenue is an exclusive world of boutique retail and office space, a destination to shop and enjoy with friends & family.
• 657 retail outlets• Premium office spaces• Excellent connectivity• Modern infrastructure and emergency systems• Masterful combination of design, space and detail
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DAMAC PropertiesSaudi Arabia
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Level 17 complete
Luxurious Jeddah apartments are nestled in beautifully landscaped surrounds and among the finest of Saudi Arabia real estate. Al Jawharah features a double height lobby, designer guest lounge and multi-level car parking. In terms of Saudi Arabia property, Al Jawharah sets a new benchmark for luxury.
• Located on the Jeddah Corniche• Views of the Red Sea• Lavish penthouses • 3, 2 & 1 bedroom apartments
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Located on the Jeddah Corniche on the coast of the Red Sea, the top ten floors of Al Jawharah will feature DAMAC Residences with interiors by Versace Home. These luxurious Jeddah apartments are nestled in beautifully landscaped surrounds and among the finest of Saudi Arabian real estate.
The essence and uniqueness of Versace Home style is to combine the appeal of precious materials with beautiful and decorative innovations. It expresses Versace’s highest standard for elegance and the quality is, of course, excellent, due to the attention toward detail and superb craftsmanship.
Whether a property is being purchased as an investment, or as a place to live, distinguishing features are becoming increasingly important to ensure the value of the property continues to grow. Interior design is one of the main reasons a customer will choose to purchase a particular apartment over another of similar specifications. After location and internal floor space, interior design can be a defining factor in the purchase decision.
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DAMAC PropertiesLebanon
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Main Contractor appointed
DAMAC Tower in Solidere Beirut is not just an address, it’s a lifestyle. The jewel of the Lebanon real estate market, DAMAC Tower is unrivalled, having won the world’s most prestigious property award for ‘Best High Rise Architecture.’
Designed to epitomize luxury living through a unique partnership with world renowned Italian designer VERSACE Home, each Beirut apartment boasts the finest fixtures and fittings with a choice of stunning contemporary design packages available.
• 28 storey tower • 1, 2, 3 and 4 bedroom apartments • Terraces with unique design • Grand double height lobby • Convenient elevator access from parking levels to the apartments • Camera surveillance covering multiple floor parking • Smart Home technology enabled • Spa bathrooms with Jacuzzi, Steam and Sauna where applicable • Drivers area • Private storage spaces
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DAMAC Properties has taken all care to ensure the accuracy of facts included in the presentation. The information was accurate at the time of preparation. DAMAC Properties disclaim any liability should any information or matter in this
presentation be inaccurate in any way.
Ocean Heights Sales OfficeAl Sufouh Road
Dubai, UAETel: +971 4 4508777FAX: +971 4 4542891
Park Towers Dubai International Financial Centre
Dubai, UAETel : +971 4 3763600Fax : +971 4 3731490
www.damacproperties.com