Gulf Bank Offers 6 Chances a Year

Published February 24th, 2007 - 01:45 GMT
Al Bawaba
Al Bawaba

Luxury lifestyle provider DAMAC Properties has handed over Jaguar X Types, 2007 model to 25 of its clients, as part of its promotional campaign for its property, ‘The Heights’, a 35 story ultra modern tower.

The promotion was for the first 25 buyers of 3-bedroom apartments in the high-rise, located in Abdali. “We are proud to have the opportunity to provide our clients not only with a prime product and service, but to give them a token of our appreciation as well,” said Mr. Peter Riddoch, CEO, DAMAC Properties. “Jaguar cars are of the highest class and standard, which is reflective of what DAMAC offers its clients.  In one word it is - luxury.”

‘The Heights,’ which is expected to be completed within three years, was totally sold out within two months since the launch. ‘The Heights’ from DAMAC is located at the entrance of the Abdali master planned development. It encompasses studio, one, two and three bedroom apartments, and penthouses, including open-air balconies in every apartment. Its luxury amenities comprise quality marble and wooden floorings, smart home technology, ample parking space, 24 hours concierge and helpdesk services, an advanced cabling system for telephone and internet lines, as well as a standby power generator.


“Our presence in Abdali stems from our belief in the extremely vibrant and dynamic master plan that is due to become a true hub for business and tourism for many nationalities throughout the region and beyond,” commented Riddoch.
The project is set to be among the country’s first residential high-rises, towering above virtually all of Amman. It is hoped that the addition of this and other projects in the area will help Abdali become a vibrant, thriving center of investment and commercial activity. DAMAC is yet to launch its fourth project in Abdali Area.  The company has launched ‘The Heights’, ‘The Lofts’ and ‘The Courtyard’ till date.

DAMAC Properties recently won three prestigious awards at the CNBC Arabian Property Awards 2006. The property developer won the best development award, best architecture award, and the best website award for the company’s website. In December 2006, the company also won the IREF ME award for the best residential development in the UAE.

ABOUT DAMAC PROPERTIES:
DAMAC Properties is part of DAMAC Holding. The company was established in 1996 and has grown into one of the most successful residential, leisure and commercial developers in Dubai and the Middle East, and is expanding rapidly into North Africa, Jordan, Lebanon, Qatar and the Far East. The company’s portfolio of 52 towers is worth over AED15 billion. By partnering with world renowned architects and designers, DAMAC Properties aims to develop schemes that include residential, commercial and leisure facilities that will create an integrated community. The company’s schemes are located in the most desirable and exclusive locations and the homes are built to a high quality specification that has become synonymous with the group. Driven by a passion for excellence, DAMAC Properties manage all their projects from start to finish. The company’s diverse range of expertise allows them to control their land purchase activity, appointment of architects and designers, construction and sales and after sales service. In addition to support services provided by their Dubai headquarters, the company’s comprehensive Customer Care Program provides solutions through its vast regional network with offices in the UK (London, Manchester and Glasgow), UAE, Iran, Russia, Jordan, Lebanon and Qatar. DAMAC Holding has grown over the years from a specialist catering company established in 1982, into a multi-billion dollar corporation to become one of the largest organizations in the Middle East. For further information, please refer to www.damacgroup.com and www.damacproperties.com.