Damac 'Ocean Heights' reaches 10th floor
Dubai, July 9, 2008
Damac Properties, the luxury lifestyle provider and region’s leading private sector master developer, has reached the 10th floor level for its Signature Series Ocean Heights residential tower.
Ocean Heights is one of the many freehold towers being built in the Dubai Marina, which is located opposite to Le Meridien Mina El Seyahi.
The Dh1.5 billion ($408 million) free hold residential tower will have 82-storeys, with 680 apartments.
The 310 m high tower will have 1, 2, and 3 bedroom apartment units in the range of 722 to 1,515 sq ft and also feature 9 units of Signature Series Apartments from the 67th to the 75th floor and Duplex apartments from the 76th to the 81st floor.
In his comments, Peter Riddoch, Damac Properties CEO, said: “It is a very important time for us, we recently handed over 572 units at Lake Terrace and will continue delivering to our customers.'
'We are pleased to see the development of Ocean Heights; we have already reached the 10th floor and are now able to see it while driving by. We’re happy to see Ocean Heights coming from the design concept to reality,' he quipped.
“Aedas is the Lead architects for Ocean Heights and offers tailored, customized services and accommodates the needs of every development. Their international experience extends across a range of projects, private and public.'
'Having Aedas on board will ensure that we deliver 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.-TradeArabia News Service
More Construction & Real Estate Stories
- New Tekla software accelerates information flow
- Damac unveils first Trump Estates in ME
- GFH in key London property placement
- Green Valley unveils new UAE, Turkey projects
- Jotun colour collection tracks new trends
- RAK Properties to distribute $27.2m profit
- Top construction firms head to Bahrain
- Investors pull out of $65m Bahrain project
- Projects stalled in Bahrain due to 'mismanagement'
- Emaar rules out plans for new tall tower
- Barwa net profit surges 27.3pc
- RAK Properties adds new villas to Flamingo project
- Saudi launches housing scheme to ease shortage
- R&M wins Oman residential project contract
- Asian skyscraper prices tower over rest of the world
- Tamleek opens new office in Dubai
- $29m allocated for Bahrain drainage projects
- Indian group plans $300m Bahrain Bay investment
- Drake and Scull awards key supply contract
- FCC wins $702m Doha metro line contract
- SPF Realty sees Dubai project success
- Abu Dhabi set for big property show
- Aldar working on $1.5bn UAE housing projects
- Gulf Finance House to start $3bn Tunisia project
- Abu Dhabi to see 10pc surge in new homes
- Saudi construction sector booming on new contracts
- Emaar offers 330 apartments in MBR City
- Dubai Design District sees big demand
- HUGE DEAL: Arabtec inks $40bn Egypt housing project
- Galfar ex-CEO gets 15 years' jail over bribes