Work begins on Damac Heights
Developer’s second marina project in collaboration with Arabtec
Mina construction work has begun on Damac’s latest Dubai Marina project, Damac Heights, following the completion of enabling works by Zetas Foundation Technology.
Arabtec is now onsite to complete the AED 508 million residential development. The project is the second partnership between the developer and Arabtec Construction at Dubai Marina, following the recently completed Ocean Heights.
“To impress in Dubai these days, developers are aware they need to go to the next level. It’s not enough to build a nice apartment building in a mediocre location. You have to build a phenomenal building, in a prestigious location with every conceivable modern convenience included. That’s what we are aiming to achieve with DAMAC Heights” said Damac senior vice president said Niall Mc Loughlin.
Damac Heights will comprise one, two and three bedroom apartments, as well as duplexes and penthouses. Residential apartments will overlook the Palm Jumeirah and the complex will incorporate a number of “five star” amenities, including a temperature controlled swimming pool, gymnasium, nursery, sauna, steam room and spa facilities.
“There is a lot of speculation about falling property prices in Dubai, but that’s not the exactly the whole story. In reality there is a two tiered market emerging and demand is actually rising for high quality properties in premium locations such as the Marina,” Mc Loughlin added.
“Damac Heights will be another shining jewel along the beachfront real estate band on Al Sufouh Road, Dubai Marina. This two kilometre stretch of land is home to some of the most exclusive and luxurious residential properties ever constructed, and of these real estate gems, DAMAC Heights will shine the brightest,” Mc Loughlin added.
The developer also recently announced it had reached the third level of the Suburbia development, at Dubai’s Jebel Ali Freezone (JAFZA)
Damac has completed 28 buildings to date in the UAE and a further eight projects are due for completion this year. The developer has a portfolio of 50 buildings at varying stages of completion across the Middle East.
