| Member Options |
|---|
| Property Search | |||||||||
|---|---|---|---|---|---|---|---|---|---|
|
| Real Estate News |
|---|
 |
Azizi Investments confirmed purchase of land at Mina Rashid Arabtech Construction to construct Dubailand Project Radisson SAS Residence, Dubai Marina opens luxury apartments |
Damac’s ‘The Crescent’ handover in 3rd quarter 2008
- June 7, 2008, 12:32 pm
Damac was once again, the first to launch a residential offering within the International Media Production Zone. The company’s other two projects in IMPZ are Lago Vista and Lakeside. The project is slated to be completed by summer 2008.
Commenting on the company’s aggressive project delivery plans, Peter Riddoch, CEO, Damac Properties said,
‘Reinforcing the company’s focus and commitment to the delivery of projects, Damac has announced plans to deliver over 2300 units in 2008, followed by an additional 7100 units in 2009/10. 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. In 2009/10, they will deliver a further 7100 units.’
‘The Crescent’ will encompass residential and leisure amenities. It includes 704-luxury studio, one, and two bedroom apartments with breathtaking views over a large man-made lake. The project offers a wide range of restaurants, as well as ample parking space for residents, a swimming pool, tennis court, squash court, gymnasium, 24 hours security and maintenance.
‘The International Media Production Zone is due to become a highly dynamic media hub with an extensive number of residents. Our significant investment in IMPZ is a result of our belief in the project and the fact that it is due to develop into one of the leading residential undertakings in Dubai,’ added Riddoch.
The International Media Production Zone (IMPZ), launched in July 2003 is the first dedicated trade zone created in the region for media-related production activities. The new initiative provides a highly pro-business environment and a complete technology and community infrastructure to support and foster the growth of media production.
‘Designed to suit many different discerning tastes, each apartment at The Crescent will be built according to the highest specifications and design using the best materials. We have worked very closely with New York based architectural firm, BM Design Group, and local consultant Al Gurg & Associates, to ensure that each apartment offers every modern amenity in a chic and homely setting,’ concluded Riddoch.
The Crescent will encompass a plethora of residential and leisure amenities. It includes 704-luxury studio, one, and two bedroom apartments with breathtaking views over a large man-made lake. The project offers a wide range of restaurants, as well as ample parking space for residents, a swimming pool, tennis court, squash court, gymnasium, 24 hours security and maintenance.
Related News
Damac Properties announces currently five projects in Egypt
Damac Properties invest in development in South East Asia
DAMAC has 79 state-of-the-art towers
Deyaar plans to develop mega residential project in IMPZ
DAMAC unveils ‘Water’s Edge’ at Business Bay
Latest News
Dubai Property Prices to fall by 2011
Tamweel announced that it expects higher growth in 2008
Realty Capital cooperates with Al Naboodah to boost i-Rise
Nakheel partners with US food retailer Balducci’s
| Currency Converter | |||||
|---|---|---|---|---|---|
|