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Damac adds new tower on Al Reem island

Abu Dhabi, April 17, 2011

Damac Properties, a leading property developer in the region, is adding a new tower to Al Reem Island in Abu Dhabi, with its Marina Bay development reaching the 7th floor.

Marina Bay is a waterfront, mixed-use development, offering residential, retail and commercial space. The tower will feature a 25-storey tower of one, two and three bedroom apartments. In addition there will be retail and commercial space with shops and restaurant outlets along the ground and mezzanine levels.

“Damac Properties is making excellent progress with our development at Al Reem Island. Construction of Marina Bay is accelerating and we are adding a new floor every week,” said Niall Mc Loughlin, senior vice president of Damac Properties.

The development comprises a state-of-the-art gym, a spa with steam, sauna and massages, meditation, yoga room and children’s playroom. The additional leisure facilities include a pool, entertainment and games room. The retail blocks offer high-class retail brands, landscaped surroundings with restaurant’s, café’s and boutiques, while the commercial blocks offer hi-speed internet, business lounge, business centre and 24-hour security cameras.

Al Reem Island is considered one of the most luxurious locations in the UAE. It’s a natural island 600 metres off the Coast of Abu Dhabi Island, and has attracted interest from foreign nationals due to it being one of the first free zones in the capital.

“Al Reem offers an idyllic island lifestyle, while still in close proximity to the city centre. It’s for people who want to be close to work, but outside of work hours, feel like they are miles away,” he added.

Al-Shafar General Contracting is the main contractor for both Marina Bay and Oceanscape, another Damac project in Abu Dhabi in the highly sought after Shams area of the capital. Oceanscape has also reached he podium level and good progress on this tower can also be seen.-TradeArabia News Service




Tags: abu dhabi | real estate | Al Reem Island | Damac Properties | Marina Bay tower |

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