'The Crescent' reaches 10th level
Dubai, July 10, 2007
Damac Properties said ‘The Crescent’, its first project at IMPZ, is rising as planned and had reached the 10th level.
The three-tower masterpiece includes 704-luxury studio, one, and two bedroom apartments, with breathtaking views over a large man-made lake.
Damac is the first to launch a residential undertaking 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 June 2008.
‘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.
“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,” said Hussain Sajwani, chairman, Damac Group.
“The International Media Production Zone is due to become a highly dynamic media hub with an extensive number of residents.”
The International Media Production Zone (IMPZ), launched in July 2003 and 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,” said Peter Riddoch, CEO, Damac Properties.
“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.” TradeArabia News Service