DAMAC Properties’ JumeirahVillage Projects Approach Completion

Published October 12th, 2010 - 08:40 GMT
Al Bawaba
Al Bawaba

The Middle East's largest private luxury developer, DAMAC Properties, has nearly completed the lion's share of its projects at JumeirahVillage in Dubai. Of DAMAC's three main projects in the north section of JumeirahVillage, one has been delivered to customers and the balance are in the final stages of completion. In the south, DAMAC has two projects under construction, which are progressing well. DAMAC Properties has been handing over units from its 'Emirates Gardens 1' development for several months, while the finishing touches are being put on its sister project 'Emirates Gardens 2.' The Tuscan Residences are also more than 95% complete, with snagging works now underway. "DAMAC Properties is progressing well with the handover of 550 units from Emirates Gardens 1, and once we begin delivering Emirates Gardens 2, and Tuscan Residences, that number will rise to above 1500 units" said Ziad El Chaar, General Manager of DAMAC Properties. "We believe it's our commitment to creating luxurious interiors, by paying attention to details such as quality fixtures that sets DAMAC apart from our competitors. It's these types of details that make a house a home" added El Chaar.

Emirates Gardens 1 is a low rise development, consisting of three structures, each four storey's high. EmiratesGardens 2 is a near mirror image of the first. They're bright and colourful, fusing elements of Mediterranean and Arabic architecture. Tuscan Residences, as the name suggests, draws inspiration from the iconic Italian homesteads perched on the rolling hills of Tuscany. The apartments and terraces at Tuscan Residences overlook a piazza, with a water fountain as the centrepiece. "DAMAC has a vision for JumeirahVillage; we wanted to create a sense of community, while also delivering a relaxed, comfortable and luxurious lifestyle. We are beginning to see the realization of our vision" said El Chaar.

JumeirahVillage is ideally situated in the heart of new Dubai, with close links to Media and Internet cities, SportsCity and the Jebel Ali Free Zone. "DAMAC's apartments and terraces at JumeirahVillage are highly sought after by people who want more space, but still want to live in a central location. We are offering the best of both worlds" El Chaar said.

DAMAC has almost a dozen projects nearing completion across its entire portfolio, including developments in the Marina, the DIFC and BusinessBay. During the downturn, DAMAC has remained focused on construction and delivery, and over the next 12 months, will be delivering almost 4,000 units to the market.