AED 1.5billion Ocean Heights tower reaches 14th floor
DAMAC Properties, one of the luxury lifestyle providers and region's leading private sector master developers, announced that its prestigious Ocean Heights residential tower project has reached the 14th level. Ocean Heights is one of the many freehold towers being built in the Dubai Marina, which is located opposite to Le Meridian Mina El Seyahi. Ocean Heights will be a 310 meter (1,017 feet) 82-storey tower, with 680 apartments.
The AED1.5bn ($408m) free hold residential tower will contain 1, 2, and 3 bedroom apartment units from 722 to 1,515 square feet and will feature 9 units of Signature Series Apartments from the 67th to the 75th floor and Duplex apartments from the 76th to the 81st floor.
Peter Riddoch, CEO of DAMAC Properties, said: 'We are highly delighted to see the development of Ocean Heights and we are proud to have already reached the 14th floor in a short period with the highest quality standards. It is a very important time for us as we have recently handed over 572 units at Lake Terrace and will continue delivering to our customers.'
“Furthermore, in 2008, DAMAC will also deliver 527 units in Lake View located at Jumeirah Lake Towers, 192 units in Executive Heights project at TECOM, 198 units in Tera Del Sol 1&2 and 848 units of The Crescent, located at IMPZ.š In 2009/10, we will deliver a further 8000 units,” added Mr. Riddoch.
'AEDAS is the lead architect for Ocean Heights offering tailored customized services and accommodating the needs of every development. Their international experience extends across a range of projects, private and public. Having AEDAS on board ensures that we deliver the highest level of architecture and creative design. DAMAC projects are designed with passion and vision aimed at becoming the Middle East's most prominent luxury focused private sector master developer,' he added.
Amenities at Ocean Heights will include an outdoor leisure deck with a temperature-controlled swimming pool, gymnasium, sauna, steam room, game room and children's play area. Other amenities included are coffee and juice bars, restaurants, 24-hour security, concierge desk, and housekeeping services.
DAMAC Properties, the luxury lifestyle provider and region’s leading private sector master developer, has bagged five awards this year according to the recent announcement made by CNBC Arabian Property Awards 2008. DAMAC won the award in all the five categories that it entered. The awards will be presented in a glittering gala dinner to be held in October this year.