Amman, Jordan (July 2006)- Following on the successful launch of “The Piazza” in Doha’s stunning “Lusail” real estate development and “La Residence by Ivana Trump” in Solidere’s world acclaimed Beirut City Center, DAMAC Properties is due to introduce this month its iconic real estate undertaking in Amman’s exquisite new downtown area, Abdali. Damac’s first tower in Jordan is due to stand out as one of the most luxurious and elegant real estate undertakings within the Jordanian capital.

“After experiencing highly successful project launches in Doha an Beirut, we are introducing a state-of-the-art residential tower within Amman’s exquisite new Abdali region. Our initiative is part of a broader scheme that is devised for Jordan as we plan to introduce a number of very exciting projects within prime locations, going forward, while offering Jordanians real estate investment opportunities with substantial returns on investment and rental yields”, said Peter Riddoch, CEO at DAMAC Properties.


“Our project is located at the gate of the Abdali area and will provide stunning views of the new downtown and Amman skylines. It is due to include luxury apartments and retail, along with the five star amenities that are typically provided in our high-end developments”, he added.


http://www.gowealthy.com/images/news/news_1339_2_50.jpg

DAMAC Properties Introduces “The Heights” to Abdali Area of Amman

Luxury lifestyle provider and the region’s leading private sector developer, DAMAC Properties, has announced “The Heights”, a $120 million truly iconic real estate undertaking within the stunning Abdali area of Amman. DAMAC’s entry into the Jordanian real estate market follows highly successful launches by the property company in Lebanon, Qatar and China.

“The Heights is a true masterpiece. It exudes grace and style and is due to stand out as one of the most luxurious and elegantly designed towers within Abdali, Amman’s vibrant new downtown area”, said Peter Riddoch, CEO at DAMAC Properties.

“Our highly ambitious plan for Jordan includes a number of real estate ventures that we plan to unveil within the coming few years”, added Riddoch.

DAMAC’s new project is a 32-storey tower 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 launch 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. The project is a very attractive investment opportunity for customers as it will potentially generate substantially high investment and rental returns”, commented Riddoch.

In line with the launch of its stunning property, DAMAC Properties introduced a very exciting promotion for the first 25 buyers of 3 bedroom apartments who will be entitled to a brand new classy 2007 Jaguar X Type.

“Our Jaguar promotion is aimed at always adding value to the customer. DAMAC’s Jaguar promotion stems from the synergy between DAMAC Properties as a luxury lifestyle provider, and Jaguar as an iconic luxury car manufacturer”, stated Riddoch.

Recently, the property company unveiled its exquisite project in Lebanon, “la Residence by Ivana Trump”; a US $150 Million real estate venture in the world-renowned Beirut City Center at the prime intersection of Omar Daouk and Fakhreddine streets.

International celebrity, Ivana Trump, endorsed and contributed substantially to the project’s iconic design due to the synergy between DAMAC Properties as a luxury lifestyle provider and the star’s image as a symbol of opulence and glamour.

La Residence by Ivana Trump is a 27-storey, elegantly designed tower that exudes grace and style, including a plethora of one, two, and three bedroom apartments, along with duplexes and penthouses. Apartments on every level will provide stunning views on the Mediterranean Sea.

The property’s luxury amenities encompass marble and wooden flooring, ample parking space, a children’s play area, smart home technology, a temperature controlled swimming pool, an exotic sauna and Jacuzzi, state of the art gym, fine dining restaurants, designer boutiques, cafes, as well as 24 hours concierge service, maintenance, security and helpdesk facilities.

In the beginning of June, DAMAC introduced a $400 Million 14-building spectacular real estate venture within Lusail’s Fox Hills community in Doha, along with a $3.5 Billion exquisite mixed-use project within the Trumpet Bay region located in the Tanggu District, Tianjin, People’s Republic of China.

render

http://www.gowealthy.com/images/news/news_1339_2_50.jpg

Nice Tower

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

im happy for jordan getting some clean towers up now :)

Well,since the war on iraq,the economic situation is catastrophic.
They have to pay oil at international prices,when,3 years ago it was
given them for amost free.
And in the same time,they coulnt export to iraq which was the number 1 country which joran exports to,now the jordanian goods which were in the iraqi market are replaced by iranian,turkish ones.
The situation is bad,and there is not an eagerness from the governement to change the situation.
I hope it will change,but im pessimistic and i the few years we will see internal strife.
I hope im wrong

the DAMAC tower in lebanon costs 150 millions$ while the one in amman costs 120 million$ and it's taller !!!!!!!!!!!!!!!!!!! maybe it's the land price in beirut.

the DAMAC tower in lebanon costs 150 millions$ while the one in amman costs 120 million$ and it's taller !!!!!!!!!!!!!!!!!!! maybe it's the land price in beirut.

Or the floor area in Beirut is bigger

Or the floor area in Beirut is bigger
amman has a potential, nice and peaceful and has a gorgeous weather. besides they have a wise king.

Nice Tower

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

What a great looking building !!!!!!!!!!

:banana: :banana: UNDER CONSTRUCTION:banana: :banana:

Found this recent update on Damac Properties website, this project is called The Heighs, and includes: Lofts and The Courtyard in Abdali


http://www.damacproperties.com/new/manager_images/2007-10-5-57-TH,%20TL,%20TC%20&%20TC2%2000410.JPG
http://www.damacproperties.com/new/manager_images/2007-10-5-54-TH,%20TL,%20TC%20&%20TC2%2000426.JPG

This Building is going to look great ! since everything in Jordan is stable this building would rise really fast.

A new project has been announced by Damac in Abdali (central avenue) and its under construction, the latest updates from Damac website
http://www.damacproperties.com/new/manager_images/2008-24-7-5-BH,_1.jpg
http://www.damacproperties.com/new/manager_images/2008-24-7-5-BH,_2.jpg
http://www.damacproperties.com/new/manager_images/2008-24-7-5-BH,.jpg

http://www.damacproperties.com/new/manager_images/2008-24-7-5-BH,_3.jpg
here you can see cranes all over the project ^^

http://www.damacproperties.com/new/manager_images/2008-24-7-5-BH,_3.jpg
here you can see cranes all over the project ^^

Just shows how amman is booming and changing :)

amman has a potential, nice and peaceful and has a gorgeous weather. besides they have a wise king.


Amman has MASSIVE potential ... I love it, this building is awesome
or right the King of Jordan is wise and very good !

and look at all those crains in post 14 ! many projects !

Progress in November 2008:
( Pics by Damac Properties)

http://www.damacproperties.com/media/system/const_update/58/184/The-Heights-Jordan-20081109-03135.JPG

http://www.damacproperties.com/media/system/const_update/58/184/The-Heights-Jordan-20081109-03138.JPG

http://www.damacproperties.com/media/system/const_update/58/184/The-Heights-Jordan-20081109-03139.JPG

http://www.damacproperties.com/media/system/const_update/58/184/The-Heights-Jordan-20081109-03140.JPG

http://www.damacproperties.com/timthumb.php?src=http://www.damacproperties.com/media/system/const_update/58/212/The-Heights-Jordan-20081123-03158.JPG&h=530&w=758&zc=1

http://www.damacproperties.com/media/system/const_update/58/212/The-Heights-Jordan-20081123-03160.JPG

http://www.damacproperties.com/media/system/const_update/58/212/The-Heights-Jordan-20081123-03162.JPG

http://www.damacproperties.com/media/system/const_update/58/212/The-Heights-Jordan-20081123-03165.JPG

Wow, I cant wait to see the new abdali in person....:banana:

Progress on December 14th

http://www.damacproperties.com/media/system/const_update/58/260/The-Heights-Jordan-20081214-03212.JPG
http://www.damacproperties.com/media/system/const_update/58/260/The-Heights-Jordan-20081214-03215.JPG
http://www.damacproperties.com/media/system/const_update/58/260/The-Heights-Jordan-20081214-03216.JPG
http://www.damacproperties.com/media/system/const_update/58/260/The-Heights-Jordan-20081214-03217.JPG
http://www.damacproperties.com/media/system/const_update/58/260/The-Heights-Jordan-20081214-03219.JPG

(Pics by Damac Properties)

http://www.damacproperties.com/timthumb.php?src=http://www.damacproperties.com/media/system/const_update/59/285/The-Heights-Jordan-20090111-03253.JPG&h=530&w=758&zc=1
http://www.damacproperties.com/media/system/const_update/59/285/The-Heights-Jordan-20090111-03254.JPG
http://www.damacproperties.com/media/system/const_update/59/285/The-Heights-Jordan-20090111-03259.JPG

:cheers:

hmm, interesting progress. i think those pictures definetly debunk whats een whispering around about them cancelling th scky scraper...... hmm how long before its above street level though?

^^ it looks like we need to wait another two weeks
Thx for the updates laurus

http://www.damacproperties.com/media/system/const_update/58/311/The-Heights-Jordan-20090215-03343.JPG
http://www.damacproperties.com/media/system/const_update/58/311/The-Heights-Jordan-20090215-03347.JPG
http://www.damacproperties.com/media/system/const_update/58/311/The-Heights-Jordan-20090215-03349.JPG
http://www.damacproperties.com/media/system/const_update/58/311/The-Heights-Jordan-20090215-03351.JPG

cool update
looks like its still the same height for the core ...

http://www.damacproperties.com/timthumb.php?src=http://www.damacproperties.com/media/system/const_update/58/376/The-Heights-Jordan-20090419-03402.JPG&h=530&w=758&zc=1
http://www.damacproperties.com/media/system/const_update/58/376/The-Heights-Jordan-20090419-03405.JPG
http://www.damacproperties.com/media/system/const_update/58/376/The-Heights-Jordan-20090419-03407.JPG
http://www.damacproperties.com/media/system/const_update/58/376/The-Heights-Jordan-20090419-03408.JPG
http://www.damacproperties.com/media/system/const_update/58/376/The-Heights-Jordan-20090419-03410.JPG

February
http://www.damacproperties.com/media/system/const_update/58/311/The-Heights-Jordan-20090215-03347.JPG
April
http://www.damacproperties.com/media/system/const_update/58/376/The-Heights-Jordan-20090419-03405.JPG

_____________________________

February
http://www.damacproperties.com/media/system/const_update/58/311/The-Heights-Jordan-20090215-03343.JPG
April
http://www.damacproperties.com/timthumb.php?src=http://www.damacproperties.com/media/system/const_update/58/376/The-Heights-Jordan-20090419-03402.JPG&h=530&w=758&zc=1



In two months the core is only one floor higher !!!!! :nuts:
Looks almost on hold !!

you can check in that website.

http://www.damacproperties.com/index.php?option=com_property&view=listing&id=59

they are already construction updates in july for damac tower