Name: The Buildings by Daman
Location: DIFC
Floors: 55
Height: ?
Use: Res


http://www.skyscrapercity.com/photopost/data/500/11020The_Buildings_by_Daman.jpg

Daman announces AED 1.6 billion 'The Buildings by Daman' at DIFC

Daman Asset Management, a leading investment firm in the GCC region, today announced 'The Buildings by Daman' Project, an AED1.6-billion (USD 450 million) real estate development in the Dubai International Financial Centre (DIFC).

http://www.ameinfo.com/images/news/7/14707-difc.jpg
'The Buildings by Daman' at DIFC.
The announcement follows the acquisition by Daman of a 220,000 square foot plot of land in the DIFC following an open tender process during 2004.

The project is being financed by a US $ 100 million private equity real estate fund structured along internationally recognized lines. This unique ownership structure, along with the overall project finance model which includes non-recourse debt and re-invested project revenue, provide investors with the opportunity to participate in a major development through a special purpose structure.

The Fund will provide the equity component of the development funds for the project, which will also be funded with a significant debt component as well as re-invested project revenue.

'Real estate developments in Dubai have traditionally been funded by single owners that have invested a great deal of equity in a single project and secured financing by collateralizing assets beyond the scope of the project. In this project, Daman is bringing a globally recognized methodology in project finance to Dubai,' said Mr. Shehab M. Gargash, Managing Director, Daman.

The US $ 100 million investment was placed successfully with investors in units of $ 5 million and was successfully closed by December 30, 2004. 40% of the capital was raised from international investors and Daman has taken a 5% stake in the project.

'Investors recognized our innovative approach and the Fund was fully subscribed almost immediately,' said Mr. Gargash. 'The concept is new to the region and attracted top tier investors from around the world including select financial institutions and high net worth individuals. We expect to begin distributing dividends as early as 2008.'


The Buildings by Daman
A major mixed use development project, The Buildings by Daman will cover more than 1.6 million square feet of built up area including freehold apartments, offices, a luxury hotel and retail space.

The Fund is structured as a special purpose company that was registered in the DIFC in September, 2004. The vehicle, Daman Real Estate Capital Partners Limited, has a Board of Directors that represents investors in the Project and oversees Daman's performance as the Manager of the Project. The establishment of Daman ReCap in DIFC adds another layer of transparency to the Project, given the internationally recognized corporate governance framework that is codified in the financial centre's legal structure.

Investment returns are expected to come from both operating income generated by the lease and management of the completed properties and capital gains upon the sale of specific interests in the property.

'We have structured the investment opportunity to operate from the investor's point of view very much like any fund. Investors will contribute equity, and will benefit from dividend income as the project begins to generate cash flows and capital gains as exits take place,' said Mr. Gargash.


Architect Appointed; Planning in an advanced stage
Daman also announced that US architectural firm Perkins and Will has been appointed as the Design Architect for the project. The firm, established in 1935, is one of the world's largest architectural firms, and has completed projects in 49 US states and 43 countries around the world. It has fifteen offices throughout the United States and internationally, and is a past recipient of the American Institute of Architects (AIA) Firm of The Year Award.

UAE-based Multi-Property Development, a development management organization whose principals have over 30 years combined experience in UAE and international real estate development management, have been appointed as Development Managers. The Concept Design for the project has been completed, and detailed design is scheduled for completion by June 1, 2005. Ground-breaking is scheduled for December, 2005.


Project will generate value from vision of DIFC
The Project will generate value out of the unique vision of the DIFC as a world-class financial centre, which is anticipated to result in a steadily increasing demand for office, residential retail and leisure real estate within the DIFC. Several features governing the regulation of business establishments and persons within the DIFC will create further incentives for its development, including a 50 year tax-free treatment to be extended to establishments and persons of any nationality, as well as the ability to lease, transfer, and grant security interests, including mortgages, over property, unrestricted transfer of capital and profits from DIFC to other parts of the world and other benefits derived from its status as a legislatively-declared free-zone. DIFC's location in downtown Dubai and plans to include a metro station in DIFC that will be operational by 2009 are also features that will add value to the Project.

'We are confident that location in the DIFC adds significant value to the project, because of strongly codified freehold rights, tax exemption commitments and other free zone features, and, most of all, the strong track record of the Government of Dubai in providing the infrastructure for the private sector to flourish,' said Mr. Gargash.

i have zoomed the pic and counted 55 floors!
looks all residential will these balconies

added to emporis

nice one thanks...

Daman unveils Dh1.7b property venture

By C.L. Jose, Staff Reporter

Dubai: The Dubai-based investment firm, Daman Asset Management, has embarked on a $450 million (Dh1.65 billion) real estate development called The Buildings by Daman, in Dubai International Financial Centre (DIFC).
"Real estate developments in Dubai have traditionally been funded by single owners who have invested a great deal of equity in a single project and secured financing by collateralising assets beyond the scope of the project," said Shehab M. Gargash, managing director of Daman, at a press conference.

The Buildings by Daman will cover more than 1.6 million square feet of built-up area including freehold apartments, offices, a five-star 100-room hotel and retail space. The project will have an office tower.

The Buildings by Daman is being financed by a $100 million (Dh367 million) private equity real estate fund structured as a special purpose vehicle (SPV) and was registered in DIFC in September 2004. While the $100 million will act as equity, the remaining $350 million (Dh1.2 billion) needed for the project will be raised through a combination of borrowings from banks and reinvestment from the project's revenue.

is there really enough space for all these tall building
thought that were ment to large ammount of open space in DIFC

DIFC will continue also on the other side of the road that pass behind Emirates Tower.

the name is rather......

"up themselves" for lack of a better word.

as we can see many towers will look very similar, they only differ in height

liberty house could be the little sister of this one

but the name, i mean, how uncreative can one be?

They're nice but am not sure the overlook of DIFC will be uniform, many different designs are launched. Nonetheless, some impressive components.

like this for many reasons but mainly cuz its HUUGE!

this tower is the mirror (ish) of the union props tower Liberty towers. Both are L shaped buildings forming a half square plaza

lets contact the architects for a height?

this tower is the mirror (ish) of the union props tower Liberty towers. Both are L shaped buildings forming a half square plaza

Yes, I think there must be a design brief for all buildings in DIFC as they all have a similar theme. (Park Towers excepted)

I think the Trade centre residence building is also L shaped.

correct
these 3 are very similar in design so far, they only differ in height actually

let's hope not too many towers of this design will be launched

Daman tower bankrolled by unique building fund

http://www.itp.net/pictures/news/Daman-200.jpg
Daman’s move could pave the way for similar deals.


A unique single property fund has been set up to finance the construction of a US $450 million (AED1.6 billion) tower project in Dubai.

Investment firm Daman Asset Management believes that the move will pave the way for more similarly structured deals in
the region.

Daman has already raised $100 million from a group of 14 private investors — each contributing $5 million

This will provide the equity component of the development funds for the project, which will also include a significant debt component.

According to Daman, negotiations are currently underway with several international banks to secure a loan of $250 to $325 million for the project.

Daman managing director, Shehab M. Gargash, said: “Real estate developments in Dubai have traditionally been funded by single owners that have invested a great deal of equity in a single project, and secured financing by collateralising assets beyond the scope of the project.

“In this project, Daman is bringing a globally recognised methodology in project finance to Dubai.
“The concept is new to the region and has attracted top
investors from around the world, including select financial institutions and high net worth individuals. We expect to begin distributing dividends as early as 2008.”

Designed by US-based architect Percy and Will, the building will be a major mixed-use development project that will offer more than 160 000m2 of built-up area, including freehold apartments, offices, a luxury hotel and retail space.

The building will be made up of two main sections: A lower rise office building forming a T-shaped configuration, with a taller, 58-storey, 205 m-high residential and hotel building.

Contactors working on the project are expected to break ground in December 2005 and are scheduled to complete the building in early 2008. Multi-Property Development is project manager.

Partner Andrew Butter said that the packaging strategy has yet to be decided, but separate enabling works and piling
contracts will be let before a main contract is let to a grade A
contractor for the completion of the superstructure.

The announcement follows the acquisition by Daman of a
22 000 m2 plot of land in DIFC’s Park Avenue district following an open tendering process in March 2004.

edited on emporis
great to have a height without making any contacting efforts :D

of the more common case of almost never knowing

excellent another one confirmed

this is a damn super looking complex!

New news about this??

breaks ground in dec.
foundation work should start soon then.

Wow, cool. Thanks flo

Massive building. I don't like the design to much though.

I think the design is very good!!!

Ground breaking ceremony for 'The Buildings by Daman' held at DIFC

The December 2005 official ground-breaking ceremony for the AED 1.6 billion 'The Buildings by Daman" mixed use real estate development project was held on site at the prestigious Dubai International Financial Centre (DIFC).

http://www.ameinfo.com/images/news/9/20739-daman.jpg
Shehab Gargash Managing Director of Daman (Centre) with officials from DIFC as well as Daman senior staff and team members from Al Rostamani Pegel; Arif & Bintoak ;ASTECO; Buro Happold, Perkins & Will; Turner; Roya International shown during groundbreaking ceremonies for 'The Buildings by Daman' on site in DIFC.

The ceremony was attended by Daman's senior management team with other staff, senior DIFC management and officials, representatives from the US-based architects Parkins & Will, appointed suppliers and contractors such as Arif & Bintoak, Buro Happold, Al Rostamani Pegel, Turner, and Roya International, ASTECO, Curtis, Mallet-Prevost, Colt & Mosle LLP (London) corporate law firm among others.


"This is a landmark day for all of us at Daman. We are delighted to be able to mark the official beginning of works in December 2005 as previously announced, on schedule. It makes us particularly happy to welcome everyone here today as part of the growing team working on the project. We are looking forward to delivering the project within its targeted time-frame in mid 2008'


said Mr. Shehab Gargash, Managing Director, Daman.

'There is no doubt that our choice of the location in DIFC adds significant value to the project, because of strongly codified freehold rights, tax exemption commitments and other exemplary free zone features,' added Mr. Gargash.

www.daman.ae

the tower will also have its own website
http://www.thebuildingsbydaman.com

:happy:

DIFC going ahead, finally...
i guess at least 5 towers might break ground within the next 6 months.

why is this thing so damn expensive to build? Its like over 400M US, same cost as the Badriya tower, over 400m, has there been a redesign for Buildings by Daman

well this thing is huge and construction costs have increased.

just look at the render and you will see how massive this building is!!

So is this located behind the road, as Sky Gardens?

there is a crane at this site now... could be either buildings

The emporis website says: 65 floors and 235 meters height, not yet u/c

If the WTC Residence turned out to be as massive as it appers in the model then imagine how massive this one could be!

one of the senior editors at emporis received an email from daman with correct and updated data

height increase :D

AED1.6-Billion The Buildings by Daman at the Dubai International Financial Centre officially opens for sale

The AED 1.6-billion The Buildings by Daman mixed use real estate development project at the prestigious Dubai International Financial Centre (DIFC) officially opened for sale today by Daman.

http://www.ameinfo.com/images/news/1/25151-DamanAstecoAmlak.jpg
Daman/Asteco/Amlak press conference

A prestigious luxury development in the heart of the new Dubai Commercial Business District, the project is an example of the philosophy behind the group - careful planning, long term thinking, and highly innovative financial offerings.

Real estate and property services leader ASTECO has been appointed as exclusive Sales and Co-ordinating Agents for this property. AMLAK is the mortgage lender, offering exceptional terms.

Announcing the beginning of sale of this prominent project at a press conference in Dubai today, Shehab Gargash, Managing Director of Daman, said: 'We are happy to be able to announce the public opening of sales today and extremely pleased that ASTECO will be our official sales and leasing agents and AMLAK will be the mortgage providers. Following our earlier announcements, we are pleased to be able to report that the project is on schedule and due to deliver the project by late 2008.

'There is no doubt that our choice of the location in DIFC adds significant value to the project. Apart from the unique benefits that the DIFC offers all investors as a free zone and the established presence of the DIFX within the DIFC, this prime location in the heart of Dubai's Sheikh Zayed Road Central Business District is a powerful benefit in itself 'Mr. Gargash added.

Elaine Jones, CEO, ASTECO Property Management LLC, said: 'We are sure this well designed, luxurious project located in such a prime location will generate substantial interest from the buying public. We have already received a high level of interest in the project from various buyers for both commercial and residential purchases.'

Regarding the 10% down, 90% on home finance facility extended to both national citizens and UAE residents, Mr. Mohammed Ali Al Hashemi, Managing Director and CEO of AMLAK commented: 'We are very pleased to be associated with this excellent group and prestigious project located in the heart of Dubai's Central Business District at DIFC. We are confident that it will be a success and a bright new addition to the Dubai skyline.'

I saw the project board, on the otherside of the road, near Skygarden.

US firm will manage building of DIFC towers

Dubai: Daman Real Estate Capital Partners, a company promoted by Dubai-based Daman Securities to undertake property ventures, has awarded a $5.1 million contract to US firm Hill International to manage construction of two towers at the Dubai International Financial Centre.

The work includes managing design and construction of The Buildings towers, which are expected to be completed by the end of 2008.

"This is the second contract we have awarded for The Buildings. We have now started the prequalification process for the main contract. Tenders will be issued in August," Daman's project manager Munjid Al Alami told Gulf News.

Swissboring got the first contract worth Dh49 million for the enabling work in April. It hopes to finish its work in January 2007.

The Buildings, designed by Perkins & Will, is a $450-million residential and office complex. It comprises a 64-storey residential, hotel and serviced apartment tower and a 14-storey office and retail tower.

name has been changed to just "The Buildings" and apparently they count this as two towers

Hill wins Daman PMS
CONSTRUCTION UAE
9 Jun 2006

Hill International of the US has been appointed by Daman Real Estate Capital Partners, part of Daman Asset Management, to provide project management services (PMS) during the construction of the estimated $450 million Buildings by Daman project in Dubai International Financial Centre (DIFC). The project is a mixed-use residential and commercial complex consisting of two towers: a 64-storey residential, hotel and serviced apartment tower; and a 14-storey office and retail tower. Surrounded by gardens and water features, the two buildings will have a total built-up area of 285,000 square metres. US-based Perkins & Will is the architect (MEED 20:5:06)

R

what a name! even better than "the skyscraper"

http://83.110.226.135:1024/

these have a webcam :D

today by Imre


http://i7.tinypic.com/219z978.jpg

http://i7.tinypic.com/219z98l.jpg

http://i7.tinypic.com/219z9cy.jpg

So, if someone gets a place here, is this how the conversation goes?

Friend: So, where do you stay?
Me : Oh, i stay at the buildings.
Friend: Ofcourse you would stay in a building, but what building?
Me : The buildings man!!! The buildings!!!....

You can see this won't go anywhere. Why would someone wan't to name such a development something so mundane?

Would you like to live in the villa instead? :D

^^ oh i can remember juiced joking about that for at least two weeks..

30/07/2006

http://i7.tinypic.com/21ep6r9.jpg

15/09/2006


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Daman tenders for buildings


Prequalified companies have been invited to bid by 17 October for the main construction package on the estimated $450 million Buildings by Daman project in Dubai International Financial Centre (DIFC). The prequalifiers include the local/Lebanese Arabian Construction Company, the local Arabtec Construction, the local/Australian Nasa Multiplex and Saudi Oger.



The contract calls for the construction of a mixed-use residential and commercial complex consisting of two towers: a 64-storey residential, hotel and serviced apartment tower; and a 14-storey office and retail tower. Surrounded by gardens and water features, the two buildings will have a total built-up area of 285,000 square metres.



US-based Hill International is the project manager, Perkins & Will, also of the US, is the architect. Daman Real Estate Capital Partners, part of Daman Asset Management is the client. The project is the latest in DIFC to go to bid. In June Peremba Construction (PECD) was awarded the estimated AED 400 million ($109 million) main construction package on a twin-tower development for the local real estate developer Al-Fattan Properties. In January the French/local joint venture (JV) of Bouygues Batiment International and Target Engineering Construction Company was awarded the estimated AED 1,000 ($275 million) main contract for the Ritz Carlton hotel for local developer Union Properties.

R

http://www.baidas.net/public/images/daman.jpg

Live Webcam (http://83.110.234.209:1024//)

Contractors price Daman residential complex scheme
CONSTRUCTION UAE
3 Nov 2006

Bids are under evaluation for the raft contract on the estimated $450 million Buildings by Daman project in the Dubai International Financial Centre.

Bidders for the contract include Lebanon’s Arabian Construction Company, the local Arabtec Construction, the local/Australian Nasa Multiplex and Saudi Oger. Bids are due to be submitted on 12 November for the next construction package on the development, covering the structures.

The project calls for the construction of a mixed-use residential and commercial complex consisting of two towers: a 64-storey residential, hotel and serviced apartment tower; and a 14-storey office and retail tower. Surrounded by gardens and water features, the two buildings will have a total built-up area of 285,000 square metres. US-based Hill International is the project manager (MEED 15:9:06).

R

'The Buildings' by Daman 65 per cent sold

http://www.ameinfo.com/images/news/0/33020-DamanFlare.jpg
Dubai-based Asteco is the sales and leasing agent of The Buildings by Daman, an exclusive freehold development at Dubai International Financial Centre due for completion by the end of 2008.

Novelty architecture might grab the headlines, but functional building design is the quality buyers increasingly look for, according to property services leader Asteco.

Dubai-based Asteco is the sales and leasing agent of The Buildings, an exclusive freehold development at Dubai International Financial Centre due for completion by the end of 2008.

Around 65 per cent of the project's residential apartments have already been sold, and corporate clients have also bought half the available office space.

Careful attention to floor plan functionality, high quality finishes and the project's prime location within the DIFC free zone are key selling points, says James Knowles, Asteco's Sales and Leasing Director.

'Asteco consultants have worked extensively with the developer on the finest detail to deliver what is essentially a perfect product from the point of view of the buyer and occupier. The Buildings by Daman offers residents exclusivity with value for money, and cost-saving efficiency for upscale commercial clients.'

Knowles said: 'Attention to detail has led the design process of The Buildings, and that is proving an attractive proposition to buyers when combined with the project's excellent location at the heart of downtown Dubai.'

The Buildings, which is being developed by UAE-based Daman Asset Management, will feature 14 office floors, 230 one, two and three-bedroom apartments over 62 floors, and two floors of dedicated retail space with convenience stores, café and food court. There will also be a five-star hotel managed by a top international chain.

Residents will have access to a luxury health club and spa, and robotic parking facilities will serve office floors.

Terraces run the full length of apartments, which boast climate control in each room, parquet floors in kitchens and bedrooms, recessed down lights, and built-in luxury white goods. General amenities include a mosque and day care, and there are sky lobbies on upper floors. There are eight apartment configurations in all, including duplex designs, and apartments are priced from around AED1,900,000.

Knowles said: 'Apartment floor space has been priced according to use, as in international markets, so balcony space is cheaper than space in the living areas. The office floors have been designed with the same common sense, so there are high ceilings for better sight lines, raised-floor modular cabling for superior IT connectivity, floor-vented ACs for maximum circulation, and column-free floor plans to make the best use of space.'

Knowles said: 'The Buildings' commercial space is ideal for large trading floors, and the 50,000 square feet available on each floor is five times the average floor space of typical offices on Dubai's Sheikh Zayed Road. The Buildings will also be connected by the DIFC Public Rapid Transport Network and located near the Dubai Metro line.'

Asteco is the sales and leasing agent of The Buildings by Daman. Perkins & Will is lead architect, and Hill International is project manager.

Founded in Dubai in 1985, Asteco is the UAE's largest property services company. Its services include retail, commercial and residential sales and leasing; strategic consultancy; property management and marketing; feasibility studies and valuations; and research and investment.

16 Feb 2007
Oger Dubai, part of Saudi Oger, has been selected as the preferred bidder for the estimated AED 1,000 million ($272 million) main construction package on the Buildings by Daman project in the Dubai International Financial Centre. The project calls for the construction of a mixed-use residential and commercial complex consisting of two towers. US-based Hill International is the project manager. Daman Real Estate Capital Partners is the client (MEED 13:11:06).
Saudi Oger Ltd. is a private company, wholly owned by the Rafic Hariri family. Since its inception, Saudi Oger Ltd. has grown into a multi-company, multi-divisional organization with subsidiaries and affiliates in the Kingdom of Saudi Arabia and abroad. With the fusion of western technical expertise achieved from its overseas subsidiaries and the Middle Eastern knowledge and experience, the Company has become the center of construction for prestigious and complex projects of advanced technology throughout the Middle East, Africa and Europe.

The Company employs many executives, professional managers and several thousands of high caliber skilled staff whose disciplines cover every aspect of the Construction, Operations and Maintenance,Power, and Telecommunication sectors.

The adherence to highly qualified standards of services along with the modern equipment and machinery and the strong financial position, enabled Saudi Oger Ltd. to maintain its distinctive reputation among the leading companies in the contracting & Telecommunication businesses, as well as its ongoing development of its utilities business.

02.03.2007

http://img174.imageshack.us/img174/1198/photo153ef9.jpg (http://imageshack.us)

Oh god.. how dull can you get.

hanging a few sheets on random floors doesnt realy help either.


The yellow, the lack of cleen lines ... the hugely mundane lack of creativity.

aghhhhh :wallbash:

This'll be another massive imposing one like the index

Oger Dubai, Daman deal
Daman has appointed Oger Dubai as the main contractor for The Buildings at the Dubai International Financial Centre. The 65 storey mixed use residential and commercial complex is being built on a 220,000 sqft plot at the DIFC and will cost $435.9m. The development should be ready by the end of 2008.
United Arab Emirates: 1 hour, 3 minutes ago

R

Gulfnews (http://www.gulf-news.com/business/Construction/10117072.html)

04/09/2007 11:02 PM | By Shakir Husain, Staff Reporter



Dubai: Construction firm Oger Dubai, a subsidiary of Lebanon's Hariri family-owned Saudi Oger group, has received the main contract for a Dh1.6 billion project at the Dubai International Financial Centre (DIFC).

The contract for The Buildings, a mixed-use development, is worth more than Dh1 billion, Oger Dubai general manager Mohammad Fakhouri said.

Oger Dubai, which began operations in the country in 2005, now has a total of four construction projects with a combined value of Dh3.5 billion. These include two towers in Business Bay and work at Emirates University in Al Ain.

The 235-metre high The Buildings tower will have offices, residential apartments, retail space and a luxury hotel.

Investor group

"We have sold more than 90 per cent of the offices and residences. The hotel has been bought by an investor group," said Shehab Gargash, chief executive officer of Daman Investments.

The Buildings is owned by Daman Real Estate Capital Partners Limited, an entity representing a group of 14 investors led by Daman.

Being developed on a 220,000-square foot plot of land, the project was launched in December 2005. It is due for completion in early 2009.

The development is being financed through a combination of equity, debt and cash received through bookings, Gargash said.

Daman will borrow up to $150 million (Dh550 million) from banks.

"We are in final talks with some banks for the loan," he added.

Gargash said the investors have come together through a "very sophisticated agreement" and the financial engineering model will be used for launching new real estate ventures both in the UAE and abroad.

"Some of the projects under consideration are outside the UAE," he said.

Asked if profit margins of real estate developers were falling due to escalating construction costs, Gargash said higher sales revenues had made up for the cost increases.

nice tower.

http://www.ameinfo.com/images/news/7/14707-difc.jpg

IT'S GOING TO BE AWESOME!!!!!!!!!!!!!!!!!

ha, small surprise



Rosewood Hotel announced for the Buildings by Daman in DIFC

In a press conference today, Daman Investments PSC announced that their Buildings by Daman project will be the site of the first Rosewood Hotel in the U.A.E.
United Arab Emirates: 4 hours, 59 minutes ago PRESS RELEASE

http://www.ameinfo.com/images/news/8/40258-daman.jpg
During the press conference.

Known as the Rosewood Dubai, the project will be developed by a U.S. developer of ultra luxury hotels, New York City based JMJ Hospitality; one of the first direct U.S. developments of its kind in the U.A.E.

Speaking on behalf of Daman Investments, Mr. Shehab Gargash stated:
'We are very proud to announce our relationship with Rosewood and JMJ in the development of the first Rosewood property in the U.A.E. The Rosewood brand is an international symbol of quality and luxury in the hospitality industry and is an ideal hotel to anchor the development values that we have set for ourselves from our project's initial concept stage. JMJ are an equally prestigious name to have and hold the unique position of being the first U.S. hotel developer to enter the market. They have a great familiarity with international development and deep knowledge of the Rosewood product. JMJ bring a wealth of ultra luxury experience and industry knowledge with them as they enter the UAE market. We see this as not only an important step for our project but a strong signal for heightened investment interest in the future for DIFC and Dubai.'

The new Rosewood Dubai International Financial Centre will be a luxury hotel with 193 keys, including 157 deluxe rooms, 36 suites and a Royal Suite. The hotel will offer fine dining in two outlets, a gala ballroom, state of the art business center and the luxurious Rosewood Spa with rooftop pool and fitness center. Expected to open in the 2ND half of 2009, the development will also include one of Dubai's most luxurious new property offerings - 55 Rosewood branded and managed residential properties, which will be released for sale late this year.

When asked about the Rosewood regional plan and why the choice of Daman's property as the site of the new hotel, Mr. John M. Scott III President and CEO of Rosewood Hotels and Resorts said: "We are delighted to be announcing our first Rosewood Dubai Hotel and Residences, and are excited to be working on this stunning project with Daman and JMJ Hospitality. We look forward to developing a long and prosperous relationship with both groups in this region. Based on our positive experience in Riyadh with our award winning Al Faisaliah Hotel and with our new Rosewood Corniche hotel in Jeddah opening this summer, Dubai is a natural next step to establish a Rosewood Hotel as we grow our brand throughout the Middle East region. The location of Rosewood Dubai itself within Dubai International Financial Centre aligns well with our strategy of placing Rosewood Hotels & Resorts in key business and leisure destinations,' said Scott.

Commenting on why the choice of this project for a major direct investment commitment in an area not yet very familiar to U.S. developers, President and Managing Director of JMJ Hospitality, Mr. Christopher R.J. Knable of JMJ said: 'We made numerous trips to the region and visited many sites before taking this step. Having done that, we believe in the future of Dubai, which is one of the world's premiere destinations, particularly for our focus on ultra-luxury. We have worked with Rosewood on other international projects and when the opportunity came to invest in a project as well planned and prestigious as The Buildings by Daman we had no hesitation in making this our first choice. This endeavor between Daman, Rosewood and JMJ is an excellent match in terms of a clear commitment to excellence that governs all three groups. We look forward to this exciting landmark development and the opening of the first Rosewood in the U.A.E. and are actively seeking to doing more in the region now that we have taken this first important step.'

I love the design!! It looks very Singapore-american! :D

Yeah, the design is by (I'm 100% sure) Ralph Johnson of Perkins+Will. He borrowed a lot of the design from one of his Chicago buildings called "Skybridge".

I love this thing to death. I love big, imposing buildings; if they look futuristic, even better.

next to the Sky Gardens?

18/October/2007


http://img521.imageshack.us/img521/4440/imresolt023my4.jpg (http://imageshack.us)

http://img89.imageshack.us/img89/4586/imresolt024hh6.jpg (http://imageshack.us)

The Buildings look very sharjah-type!

02/Nov/2007

THE BUILDINGS

http://img209.imageshack.us/img209/1112/imresolt070gi3.jpg (http://imageshack.us)

http://img239.imageshack.us/img239/9384/imresolt071qr3.jpg (http://imageshack.us)

http://img259.imageshack.us/img259/2145/imresolt072iq3.jpg (http://imageshack.us)

Nice massive site :)

Nice massive site :)

Rivals that of the Index, no?

new name Rosewood Dubai?

13/November/2007

The Buildings (DIFC), board is there

http://img204.imageshack.us/img204/2279/imresolt007wp6.jpg (http://imageshack.us)

http://img230.imageshack.us/img230/6470/imresolt008yb6.jpg (http://imageshack.us)

^^ The Rosewood is a famous North American Hotel Chain.... I am wondering if maybe they are opening a hotel here as well? hmmmmm.......

from the Perkins+Will brochure

http://img158.imageshack.us/img158/113/save0015gp4.jpg (http://imageshack.us)

They mention an L shaped hotel in the brochure, so it's probably the Rosewood Hotel, Dubai :cheers:

ha, small surprise



Rosewood Hotel announced for the Buildings by Daman in DIFC

In a press conference today, Daman Investments PSC announced that their Buildings by Daman project will be the site of the first Rosewood Hotel in the U.A.E.
United Arab Emirates: 4 hours, 59 minutes ago PRESS RELEASE

http://www.ameinfo.com/images/news/8/40258-daman.jpg
During the press conference.

Known as the Rosewood Dubai, the project will be developed by a U.S. developer of ultra luxury hotels, New York City based JMJ Hospitality; one of the first direct U.S. developments of its kind in the U.A.E.

Speaking on behalf of Daman Investments, Mr. Shehab Gargash stated:
'We are very proud to announce our relationship with Rosewood and JMJ in the development of the first Rosewood property in the U.A.E. The Rosewood brand is an international symbol of quality and luxury in the hospitality industry and is an ideal hotel to anchor the development values that we have set for ourselves from our project's initial concept stage. JMJ are an equally prestigious name to have and hold the unique position of being the first U.S. hotel developer to enter the market. They have a great familiarity with international development and deep knowledge of the Rosewood product. JMJ bring a wealth of ultra luxury experience and industry knowledge with them as they enter the UAE market. We see this as not only an important step for our project but a strong signal for heightened investment interest in the future for DIFC and Dubai.'

The new Rosewood Dubai International Financial Centre will be a luxury hotel with 193 keys, including 157 deluxe rooms, 36 suites and a Royal Suite. The hotel will offer fine dining in two outlets, a gala ballroom, state of the art business center and the luxurious Rosewood Spa with rooftop pool and fitness center. Expected to open in the 2ND half of 2009, the development will also include one of Dubai's most luxurious new property offerings - 55 Rosewood branded and managed residential properties, which will be released for sale late this year.

When asked about the Rosewood regional plan and why the choice of Daman's property as the site of the new hotel, Mr. John M. Scott III President and CEO of Rosewood Hotels and Resorts said: "We are delighted to be announcing our first Rosewood Dubai Hotel and Residences, and are excited to be working on this stunning project with Daman and JMJ Hospitality. We look forward to developing a long and prosperous relationship with both groups in this region. Based on our positive experience in Riyadh with our award winning Al Faisaliah Hotel and with our new Rosewood Corniche hotel in Jeddah opening this summer, Dubai is a natural next step to establish a Rosewood Hotel as we grow our brand throughout the Middle East region. The location of Rosewood Dubai itself within Dubai International Financial Centre aligns well with our strategy of placing Rosewood Hotels & Resorts in key business and leisure destinations,' said Scott.

Commenting on why the choice of this project for a major direct investment commitment in an area not yet very familiar to U.S. developers, President and Managing Director of JMJ Hospitality, Mr. Christopher R.J. Knable of JMJ said: 'We made numerous trips to the region and visited many sites before taking this step. Having done that, we believe in the future of Dubai, which is one of the world's premiere destinations, particularly for our focus on ultra-luxury. We have worked with Rosewood on other international projects and when the opportunity came to invest in a project as well planned and prestigious as The Buildings by Daman we had no hesitation in making this our first choice. This endeavor between Daman, Rosewood and JMJ is an excellent match in terms of a clear commitment to excellence that governs all three groups. We look forward to this exciting landmark development and the opening of the first Rosewood in the U.A.E. and are actively seeking to doing more in the region now that we have taken this first important step.'

:lol:

I though that the tower was more advanced that it is, but it's nice to know that the tower is under construction.

When walking by I noticed that the foundation slab of a tower next to the DIFC Area was poured, It's called Rosewood Dubai... is there already a thread for it? Didn't find any though...
http://aycu37.webshots.com/image/36796/2006225120928891187_rs.jpg (http://allyoucanupload.webshots.com/v/2006225120928891187)
http://aycu40.webshots.com/image/36679/2006279311022760716_rs.jpg (http://allyoucanupload.webshots.com/v/2006279311022760716)
Looks like 40 to 50 storeys!!! :cheers:
http://aycu14.webshots.com/image/36333/2006241721590649957_rs.jpg (http://allyoucanupload.webshots.com/v/2006241721590649957)
http://aycu27.webshots.com/image/37226/2006213675752270640_rs.jpg (http://allyoucanupload.webshots.com/v/2006213675752270640)
http://aycu10.webshots.com/image/34369/2006212196502826078_rs.jpg (http://allyoucanupload.webshots.com/v/2006212196502826078)
http://aycu18.webshots.com/image/34937/2006225567570678304_rs.jpg (http://allyoucanupload.webshots.com/v/2006225567570678304)
http://aycu14.webshots.com/image/33653/2006241229076928676_rs.jpg (http://allyoucanupload.webshots.com/v/2006241229076928676)

9 concrete pumps were in use... almost as many as last week at Ocean Heights... :D

why did u change the name?? Rosewood should be a part of The Building :dunno:

I also think this is still called The Buildings

Any Recent updates?

^^ Well the live webcam at http://www.thebuildingsbydaman.com/ sure shows the construction is moving ahead quickly and has come a long way since the last update!

They're about at ground level now with the cores rising.

It does indeed feel like liberty and index. But yet they are all unique. I think these towers complement DIFC very well, giving it that imposing, financial look that it should have. :)

Wow...a live webcam that actually works. Other developers should be taking notes :bash:

^^ man where's Google earth map for waterfront porject ;)

^^ Well the live webcam at http://www.thebuildingsbydaman.com/ sure shows the construction is moving ahead quickly and has come a long way since the last update!

They're about at ground level now with the cores rising.

It does indeed feel like liberty and index. But yet they are all unique. I think these towers complement DIFC very well, giving it that imposing, financial look that it should have. :)

Totally agree, this building is perfect for DIFC, cant wait to see it rise ..

this building is effing HUGE! its got 8 cranes on site! I cant believe that! HUGE

and why has the name changed? its not just a hotel...

More renders

http://www.baidas.net/public/images/Daman01.jpg

http://www.baidas.net/public/images/Daman02.jpg

http://www.baidas.net/public/images/Daman03.jpg

http://www.baidas.net/public/images/Daman04.jpg

Wow. It looks very good! Thank you for sharing. I like the pedestrian walkway over the road and the white sheets covering the recessed areas of the building.

Yea, this looks very good - perfect for DIFC imo! Luv the way the bottom section cuts through the top section ... :)

What's that massive building to it's right? Was that the location of the DIFC Signature Tower? Remember, the Hexagon shaped one?

From the webcam:

http://img155.imageshack.us/img155/3169/25856425yb1.jpg

Thanks for the update, Malec!

it's got some resemblance to the Index Tower according to me.

Think this is the right one?

30th May, by Imre

http://farm4.static.flickr.com/3150/2539985351_620598c639_o.jpg

http://farm3.static.flickr.com/2114/2540806542_44f6d51ee8.jpg?v=0

Think this is the right one?

Yes it is. Thanks for posting.

July 18th By Imre

http://farm4.static.flickr.com/3241/2681943478_1a901b7dc7_o.jpg

http://farm4.static.flickr.com/3189/2681943812_8529538905_o.jpg

http://www.baidas.net/public/images/dam01.jpg

http://www.baidas.net/public/images/dam02.jpg

http://www.baidas.net/public/images/dam03.jpg

http://www.baidas.net/public/images/dam04.jpg

http://www.baidas.net/public/images/dam05.jpg

OMFG !!!!!!! :eek:

A great thanks for the pics !!!! :master:

07.08.2008

http://farm4.static.flickr.com/3130/2742674309_aed8ede4bc_o.jpg

19.10.2008


http://img80.imageshack.us/img80/6415/imresolt025mo0.jpg (http://imageshack.us)

http://i359.photobucket.com/albums/oo34/melkor_gds/DSCN0012.jpg?t=1224544132

Superb shot """ :omg:

Anyone who understands builds.. what completion date would you estimate?
mid 2010?

2011 (end) at the earliest.

http://img517.imageshack.us/img517/7056/helicoptertour01nov0812ed4.jpg (http://imageshack.us)
http://img517.imageshack.us/img517/helicoptertour01nov0812ed4.jpg/1/w1600.png (http://g.imageshack.us/img517/helicoptertour01nov0812ed4.jpg/1/)

Thanks Malec, lets hope it apprecaites somewhat by then.
Thanks for the picture too.

26.11.2008

http://farm4.static.flickr.com/3295/3062934128_c074560d55_o.jpg

http://farm4.static.flickr.com/3189/3066713209_9e195a05bd_o.jpg

http://farm4.static.flickr.com/3181/3067552888_7607e84ac5_o.jpg

I think this is one of the best project in DIFC in terms of quality in terms of finishing the project by the look of how they work 24 hours and looking at progress it will be completed by begining of 2010 max. the reason is they have a contract with roosewood hotel so they need to handover the tower by end of 2009 for decoration.

09/January/2009

ROSEWOOD DUBAI

http://img205.imageshack.us/img205/6080/imresolt161re7.jpg (http://imageshack.us)

http://img401.imageshack.us/img401/1339/imresolt163wf0.jpg (http://imageshack.us)

hi guys and ladies . has anybody who bought here also been contacted by difc property registry to submit a freehold transaction return and pay a 3.5 percent freehold transfer fee by the 28th february even though it wont be delivered for another 18 months ...

I've just received the same notice and as they are asking for 3.5% it has come as a bit of a shock. Will try and find out more but it would be great if anyone else can add more to this.

seaEagle - yes its correct . i checked with daman and have requested Rera to advise if this documentation can be witnessed in the uk by a notary Public... otherwise a trip to dubai will be necessary ...

20/February/2009

ROSEWOOD DUBAI

http://img179.imageshack.us/img179/3531/imresolt045my6.jpg (http://imageshack.us)

http://img7.imageshack.us/img7/8048/imresolt051br3.jpg (http://imageshack.us)

looks great I think maybe this can be one of the fastest phace of construction that you can see in Dubai - by Jan 2010 i think it will be ready

looks great I think maybe this can be one of the fastest phace of construction that you can see in Dubai - by Jan 2010 i think it will be ready

ahhhh, are you joking?:)

Jan 2010 , I think its impossible.

It's an OK speed, bud Jan2010 is waaay to early.

04/04

http://i41.tinypic.com/11jvfr8.jpg

http://i42.tinypic.com/29yg08.jpg

Very good progress at this one :okay:

why it look thinner? or is it that one part is faster than the other?

10/April/2009

Rosewood Dubai

http://i40.tinypic.com/2d8kyo.jpg

http://i42.tinypic.com/nnwk14.jpg

http://i42.tinypic.com/seljxz.jpg

It's an OK speed, bud Jan2010 is waaay to early.

Probably T/O in January.
Its not easy mission but arguably possible! :)

08/May/2009

Rosewood Dubai

http://i41.tinypic.com/2ni056v.jpg

http://i40.tinypic.com/1589y5w.jpg

lev 28 if am not mistakin

A recent picture

http://farm4.static.flickr.com/3664/3601673290_155d58f787_b.jpg

Some of the good progression ones... :master:

24/July/2009

Rosewood Dubai

http://i32.tinypic.com/2qb837c.jpg

Any more recent pictures? Still scheduled for September 2009 completion? :p

I think this will be ready sometime around this time next year.

^^ Taken by Joed
26th August

http://gallery.me.com/jbadcock/100246/P1020377/web.jpg?ver=12513222750001

03/September/2009

Rosewood Dubai

http://i27.tinypic.com/21amhih.jpg

http://i26.tinypic.com/2w71dl2.jpg

http://i30.tinypic.com/i3csns.jpg

http://i25.tinypic.com/2ns54.jpg

wow

Has the design changed? The tower is not expanding over the commercial building as in the renders. Anybody knows what's going on?

Has the design changed? The tower is not expanding over the commercial building as in the renders. Anybody knows what's going on?

was jsut thinking the same, but they are still going up above the small building so I was thinking that the jointing would be done with steel structure, but it seems like the side of the tall one does not have many openings on the concrete so I am kind of confused, hope they stick to the plan, that was fairly great

(any one able to take closeups of the side of the high tower facing the smaller/rising tower (on top of the low building) thanx:)

15/October/2009

Rosewood Dubai

http://i38.tinypic.com/2csf95d.jpg

http://i35.tinypic.com/24ni8e8.jpg

http://i33.tinypic.com/2ev7ssj.jpg

http://i37.tinypic.com/syukhy.jpg

http://i33.tinypic.com/9h55s9.jpg

30/October/2009

Khalid Al Attar Tower, Al Rostamani Maze Tower, Al Yaqoub Tower ,HHHR Tower, Rosewood Dubai

http://i38.tinypic.com/s2ctop.jpg

03/November/2009

Rosewood Dubai and Ritz Hotel/Limestone House

http://i35.tinypic.com/119s4k6.jpg

05/November/2009

Rosewood Dubai

http://i33.tinypic.com/10mr3w0.jpg

http://i34.tinypic.com/24nnrf9.jpg

http://i37.tinypic.com/210f19v.jpg

I like that little bit of cladding there.

What's the middle tower?? Is it part of the complex??

the small one, just have a look the first pages , that one is the part of the complex.

^^ What middle tower?

Yes??!! :hm:

09/11

http://i37.tinypic.com/97386t.jpg

Again, what is the middle one??

The middle tower will be part of the big one once the parts connecting the two are built.

http://www.baidas.net/public/images/Daman02.jpg

Any info about height? Looks like 270-280 meters... :hm:

Should we add this one to the title or not?

^^ We do not know the exact height, so there is no point in adding it to the title.

25/December/2009

Rosewood Dubai

http://i47.tinypic.com/sxlyeo.jpg

Thanks Imre

24/01

http://i48.tinypic.com/nf4jtw.jpg

It seems the contractor has stopped or is doing very very little. Is anyone able to confirm the status?

The middle tower will be part of the big one once the parts connecting the two are built.

http://www.baidas.net/public/images/Daman02.jpg

more importantly whats the one on the far side with the curved roof?

^^ I guess a placeholder for something that won't be built for a loooooong time :)

It seems the contractor has stopped or is doing very very little. Is anyone able to confirm the status?

The National newspaper of today reports that Oger Dubai has been sacked from the job. :nuts:

Yes, a placeholder. In fact I think this following tower was actually proposed for that site.

http://i38.tinypic.com/281cxdu.jpg


Anyway, whatever the problems are let's hope this will continue at some point and get completed. Changing title to ON HOLD for now.

The National newspaper of today reports that Oger Dubai has been sacked from the job. :nuts:

But isn't the developer ... Oger itself?

But isn't the developer ... Oger itself?

The article says the owner is Daman Investments and its MD is Mr.Shehab Gargash.

Contractors approached for Buildings by Daman
31 January, 2010 | Updated: 31 January, 2010 10:52 am

Successful bidder will complete half finished tower project in Dubai

http://www.meed.com/sectors/construction/real-estate/contractors-approached-for-buildings-by-daman/3003886.article

07/February/2010

Rosewood Dubai

http://i49.tinypic.com/15nra7d.jpg

http://i45.tinypic.com/24vntog.jpg

http://i50.tinypic.com/axyx6c.jpg

12 Feb 2010
http://i49.tinypic.com/2hees6e.jpg

Doesn't look on hold to me.
If you compare the pics from 24th January and 12th February, there is a visible change on the upper floors cladding and scaffolding.

http://i48.tinypic.com/nf4jtw.jpg

http://i49.tinypic.com/2hees6e.jpg

So at least, SOME contractors still at work, ain't it?

What is a realistic completion? 2011? And they should start working on the cladding as well as soon as this is U/C again.

what floor is the main tower up to, must be pretty close now to topping out

Is this one still On hold?

They are in the process of switching contractors as Oger Dubai was terminated.

Al Habtoor wins The Buildings By Daman contract

* United Arab Emirates: Saturday, May 08 - 2010 at 11:14

Al Habtoor Leighton Group has been appointed as the new main contractor for Daman Investments' large-scale project, The Buildings at the Dubai International Financial Centre (DIFC). The 225-meter high Buildings by Daman is a 60-floor mixed use residential and commercial complex. It includes freehold apartments, offices, the Rosewood Dubai as well as large community areas and prime retail space; encompassing 1.6 million square feet of GFA, and 3.3 million square feet of built up area surrounded by sculptured gardens.

http://www.ameinfo.com/231898.html

R

by Parisian Girl

http://i42.tinypic.com/6fmazo.jpg
Shehab Gargash (middle) said he was looking forward to starting The Buildings development

Daman appoints Al Habtoor for 'The Buildings'

by Elizabeth Broomhall on May 10, 2010

Daman Investments has appointed Al Habtoor Leighton Group as the main contractor for its large-scale development ‘The Buildings’, at the Dubai International Financial Centre (DIFC).

The project, which includes a 225m-high, 60-floor residential and commercial complex, encompassing freehold apartments, offices, luxury hotel rooms, community areas and retail space (with 148,644.8m2 of GFA) is one of Daman’s most prestigious developments this year.

Located in the heart of DIFC precinct, the structure will be built on 20,438.6m2 plot of land which Daman won through a tender in 2004.

Daman’s managing director Shehab Gargash said: “As announced at the end of January, we have bid the work on the building and have gone through a rigorous process of tender, evaluation and finally, the appointment of Al Habtoor Leighton Group as our new main contractor.

“We are extremely pleased to be working with a group of their quality and track record here in the UAE. We all look forward to rapid completion.”

For the commercial offices, the Dubai-based developer has announced plans for a unique floor layout which will yield around five times the commercial floor space of the average footprint for Sheikh Zayed Road properties.

Meanwhile, the residential apartments will be geared towards user convenience, with temperature control units in every room and pre-delivered recessed lighting with individual lighting controls, in each apartment.

Speaking about the appointment, Al Habtoor Leighton’s group chairman Riad Tawfiq Al Sadek said: “We are very happy to have been appointed as the new main contractor on this prestigious project."

"This is a landmark location, a superb design and we are sure the building will be a new icon on the Dubai skyline. We are looking forward to a smooth takeover and start of operations.”

A phased delivery schedule for the project will be released in the coming weeks. >> Source (http://www.constructionweekonline.com/article-8307-daman-appoints-al-habtoor-for-the-buildings/)

Thanks Imre. I wasn't 100% sure if 'The Buildings' was Rosewood Dubai or not.

29 May 2010 - Back on! :D

http://img707.imageshack.us/img707/9785/dsc0112j.jpg (http://img707.imageshack.us/my.php?image=dsc0112j.jpg)

http://img710.imageshack.us/img710/6639/dsc0113tu.jpg (http://img710.imageshack.us/my.php?image=dsc0113tu.jpg)

http://img63.imageshack.us/img63/1959/dsc0118dz.jpg (http://img63.imageshack.us/my.php?image=dsc0118dz.jpg)

hey SSC man, do you have a high res version of this one? wanna see the floor count :D


29 May 2010 - Back on! :D

http://img63.imageshack.us/img63/1959/dsc0118dz.jpg (http://img63.imageshack.us/my.php?image=dsc0118dz.jpg)

hey SSC man, do you have a high res version of this one? wanna see the floor count :D

I just checked it DS. 50 floors now.

Do you know if it's gone up? I don't think it would have as I only saw workers on the smaller tower on Saturday.

I just checked it DS. 50 floors now.

Do you know if it's gone up? I don't think it would have as I only saw workers on the smaller tower on Saturday.

unfortunately i have never seen a clear pic of the floor count, but it seems the core box stays at around 50fl for months now. :dunno:

nevertheless, let me thank you again for all your effort. :nocrook:

unfortunately i have never seen a clear pic of the floor count, but it seems the core box stays at around 50fl for months now. :dunno:

nevertheless, let me thank you again for all your effort. :nocrook:

You're welcome DS.

16/July/2010

Rosewood Dubai

http://i32.tinypic.com/2hpoaok.jpg

http://i25.tinypic.com/2uzau09.jpg

http://i27.tinypic.com/20ubd01.jpg

http://i30.tinypic.com/33m0tc2.jpg

http://i25.tinypic.com/14wswo6.jpg

http://i25.tinypic.com/35dcegg.jpg

http://i30.tinypic.com/2m81pc1.jpg

this building is simply massive, should have a very large built-up area.

Which floor are we at?

I guess around 55 F Res + 11F com.

Who occupies all this floorspace ? I don't mean just this project but all of Dubai ? In all the world cities buildings are built as demand requires but here I see more cranes than I have seen anywhere ? How does this work ?

September 1, 2010 - 10:44AM

AAP

Leighton Holdings Ltd says it has finalised a $220 million contract with United Arab Emirates financial group Daman Investments to complete its landmark "Buildings by Daman" project at Dubai International Financial Centre.

The Al Habtoor Leighton Group, 45 per cent owned by Leighton, will take over work on the project after Daman terminated its contract with Saudi real estate developer Oger Dubai in January, Leighton said.

Daman announced in May it had chosen Al Habtoor as the new contractor, which includes a 20 storey office block, a 60 storey hotel and a 60 storey apartment block, with an intricate steel inter-connection amongst the towers.

Leighton says the project is due for completion by December 2011.

Al Habtoor Leighton Group chief executive Laurie Voyer said the contract highlighted the company's ongoing commitment to the Dubai market.

"While there has been an adjustment to the Dubai building market, there are still a number of prospects for us with clients who value quality and creative delivery mechanisms," Mr Voyer said in a statement on Wednesday.

"Our reputation in Dubai is second to none and we have a proven track record in delivering high quality buildings across the Emirate.

"Dubai remains part of the Group's ongoing growth plans."

© 2010 AAP http://news.smh.com.au/breaking-news-business/leighton-wins-220m-uae-contract-20100901-14kvs.html

01 Oct 2010

http://img685.imageshack.us/img685/2274/dsc0063kr.jpg (http://img685.imageshack.us/my.php?image=dsc0063kr.jpg)

this building is a monster, so sad it is not higher.

TU5jMPu5Y1A

More at

Ben Roberts

November 29, 2010

http://www.constructionweekonline.com/pictures/gallery/Projects/300x200/The-Buildings-Daman-top-off.jpg

The office tower will be handed over first, next year, Daman says.

Daman Investments has reached the top of construction for The Buildings by Daman, its AED1.6 billion mixed use development in the Dubai International Financial Centre.

“We are proud to celebrate this important moment in the life of our project with the topping up of The Buildings by Daman, the development of which has continued steadily and is now nearing our initial phased handover stage beginning in 2011 with the office tower,” Shehab Gargash, managing director of Daman Investments.

The 224-metre high Buildings by Daman is a 65-floor high rise, built on 220,000-square foot plot of land in the heart of the DIFC, Dubai's commercial business district. A mixed-use residential and commercial complex, it includes freehold apartments, offices, a luxury hotel and retail space, encompassing 3.3 million square feet of built up area, and is being constructed by Al Habtoor Leighton.

Laurie Voyer, managing director of Al Habtoor Leighton, attended the topping off ceremony.

The Buildings have so far required more than 448 m3 of special concrete mix pumped up 224 metres above the ground and poured across a roof plate area of 1,410 m2, bringing the overall concrete quantity poured into the building, inclusive of the roof slab, up to 20,527 m3.

Gargash added that the topping off coincided with the completion of both Tower B and the Office Tower superstructures.

The project is financed by a US $100 million private equity real estate fund, structured as Daman Real Estate Capital Partners Limited, a special purpose company.

The overall project finance model which includes non-recourse debt and re-invested project revenue, provides investors with the opportunity to participate in a major development through a specifically developed structure.

http://www.constructionweekonline.com/article-10322-the-buildings-by-daman-reaches-topping-point/

27 November 2010

http://i51.tinypic.com/2d6qx39.jpg

Taken by 234sale (http://www.skyscrapercity.com/member.php?u=72175).:)

November 10th

http://farm6.static.flickr.com/5010/5214364714_186ab1937d_z.jpg (http://www.flickr.com/photos/stewie1980/5214364714/)
Dubai, Road 312 (http://www.flickr.com/photos/stewie1980/5214364714/) by Stewie1980 (http://www.flickr.com/people/stewie1980/), on Flickr

http://farm6.static.flickr.com/5041/5214366044_46f72b4ef4_z.jpg (http://www.flickr.com/photos/stewie1980/5214366044/)
Dubai, Road 312 (http://www.flickr.com/photos/stewie1980/5214366044/) by Stewie1980 (http://www.flickr.com/people/stewie1980/), on Flickr

http://farm6.static.flickr.com/5290/5213771475_5edfbce62e_z.jpg (http://www.flickr.com/photos/stewie1980/5213771475/)
Dubai, Road 312 (http://www.flickr.com/photos/stewie1980/5213771475/) by Stewie1980 (http://www.flickr.com/people/stewie1980/), on Flickr

http://farm6.static.flickr.com/5081/5218774197_8d40158e1d_z.jpg (http://www.flickr.com/photos/stewie1980/5218774197/)
Dubai (http://www.flickr.com/photos/stewie1980/5218774197/) by Stewie1980 (http://www.flickr.com/people/stewie1980/), on Flickr

28/January/2011

Rosewood Dubai

http://i55.tinypic.com/25tkeqd.jpg

http://i55.tinypic.com/161xczp.jpg

04/February/2010

Rosewood Dubai

http://i56.tinypic.com/jjy6ty.jpg

^^topped out? :)

22/April/2011

Rosewood Dubai

http://i54.tinypic.com/a4225e.jpg

http://i55.tinypic.com/2gv0hlv.jpg

15/July/2011

Rosewood Dubai

http://i52.tinypic.com/t4zrxi.jpg

http://i52.tinypic.com/2mo9f8l.jpg

http://i54.tinypic.com/vdntzc.jpg

http://i52.tinypic.com/vxlz86.jpg

http://i55.tinypic.com/2mzwabn.jpg

love this Building

by CW Staff on July 24, 2011

A long-delayed Rosewood luxury hotel at Dubai International Financial Centre (DIFC) is going ahead after its original New York developer bailed on the project, according to the hotel operator.

The hotel is part of a $435.6m mixed-use development at DIFC by Daman Investments. The original developer was JMJ Hospitality of the US. The planned opening was 2009; this is now scheduled for mid-2013.

http://www.constructionweekonline.com/article-13320-rosewood-hotel-at-dubais-difc-gets-go-ahead/

from today:

http://i55.tinypic.com/sgmuyh.jpg

R

topped out!

Rosewood as seen from SZR:

http://i54.tinypic.com/2ic7dc8.jpg

http://i51.tinypic.com/i1k0lv.jpg

from today:

http://i39.tinypic.com/2h3arr4.jpg

http://i44.tinypic.com/bi9d0x.jpg

R

one more pic from the 5th...but this time I got the front...

http://i44.tinypic.com/11c9ydc.jpg

R

^^ Looking good! Thanks for sharing :)

2011-11-29 by me

http://i43.tinypic.com/34dhs41.jpg

02/01/2012
no visible changes since last update, hopefully they will speed up again! Better details in High-Res.
http://farm8.staticflickr.com/7011/6654073579_b346c52354_b.jpg
Source: http://www.flickr.com/photos/arminrodler/6654073579/in/set-72157628731865279
High-Res: http://www.flickr.com/photos/arminrodler/6654073579/sizes/o/in/set-72157628731865279/

21-Jan-12

http://img689.imageshack.us/img689/6843/dsc0026bmo.jpg (http://img689.imageshack.us/i/dsc0026bmo.jpg/)

http://img825.imageshack.us/img825/4549/dsc0165xp.jpg (http://img825.imageshack.us/i/dsc0165xp.jpg/)

11/February/2012

Rosewood Dubai

http://i39.tinypic.com/24wvj7m.jpg

http://i39.tinypic.com/2cs6kk0.jpg

http://i41.tinypic.com/2ii8oi8.jpg

This seems to be on hold. Haven't seen any construction on the site for at least a couple of months.

Yes, haven't seen anyone working there

Yes, haven't seen anyone working there

^^
Work seems to have restarted. I saw workers on the site on the Saturday.

If I compare it to the last pictures there is indeed some progress:

http://i50.tinypic.com/vh8dp5.jpg

from today:

http://i49.tinypic.com/23h1wg4.jpg

From 23.03.2013:

http://farm9.staticflickr.com/8098/8589519431_4b9e572426_c.jpg

Another year and a half in development

Is it still U/C?

Yap activity on site every day ... i'd go so far as to say that activity has picked up in the last few month