Damac launches Al Jawharah in Jeddah
Damac Properties has announced the launch of its first project – Al Jawharah -- in Jeddah. Located on the Jeddah Corniche and alongside the Red Sea, Al Jawharah will be 40-storey residential tower.
“By 2012, Damac Properties aims to be the most admired luxury property services company in the world. Saudi Arabia will be an integral component of our expansion strategy and thereby also be part of the company’s global vision. Today, we are delighted to have launched our first luxurious offering for the people of Saudi Arabia. With the wealth of experience we have gathered over the years - we are sure to wow the residents of Saudi Arabia with this masterpiece project,” said Hussain Sajwani, chairman, Damac Holding.
Damac also recently opened a state-of-the-art sales lounge for its customers in Riyadh. The company currently has three sales offices in the country located in Jeddah and Dammam-Khobar, in addition to Riyadh.
“This is just the beginning and our ambitious plan for Saudi Arabia includes a number of real estate ventures that we plan to unveil within the near future. Saudi Arabia is a very important market for us and unlike any other developers in the UAE; we are showing commitment and confidence in the Kingdom of Saudi Arabia by launching our state-of-the-art Al Jawharah project and also establishing a strong local presence in a number of cities in the country,” said Peter Riddoch, CEO, Damac Properties.
This spectacular 40-storey tower has beautiful landscaped surroundings, grand reception area with double height lobby, guest lounge designed by one of the top-most interior designers, luxurious five-bedroom penthouses and 4, 3, 2 and 1 bedroom apartments and multi-level car park.
All rooms feature aluminium double glazed windows, premium quality marble flooring, skirting for living and dining, timber or high quality ceramic flooring and skirting for all bedrooms, emulsion paint on plastered walls, ceramic tile flooring for balconies, yard, utility and maid’s room, quality wood finish, dressing rooms for master bedroom and all apartments and penthouses feature balconies. Wide balconies offer tenants private access to the magnificent outdoors with stunning views of the Corniche and the Red Sea, the company said.
Spread across two floors is a wide variety of state-of-the-art facilities, with separate male and female swimming pools, health club, sauna, steam room and jogging track around the podium.
In addition to Saudi Arabia, Damac Properties is pursing projects in Egypt, Qatar, Jordan, and Lebanon with future schemes being considered in Turkey, Oman, Morocco, Tunisia, India and Pakistan among other countries. These projects represent significant progress in the company’s plans for targeted growth over the next few years, it said. -TradeArabia News Service
http://www.tradearabia.com/news/newsdetails.asp?Sn=REAL&artid=124446
Damac Properties has announced the launch of its first project – Al Jawharah -- in Jeddah. Located on the Jeddah Corniche and alongside the Red Sea, Al Jawharah will be 40-storey residential tower.
“By 2012, Damac Properties aims to be the most admired luxury property services company in the world. Saudi Arabia will be an integral component of our expansion strategy and thereby also be part of the company’s global vision. Today, we are delighted to have launched our first luxurious offering for the people of Saudi Arabia. With the wealth of experience we have gathered over the years - we are sure to wow the residents of Saudi Arabia with this masterpiece project,” said Hussain Sajwani, chairman, Damac Holding.
Damac also recently opened a state-of-the-art sales lounge for its customers in Riyadh. The company currently has three sales offices in the country located in Jeddah and Dammam-Khobar, in addition to Riyadh.
“This is just the beginning and our ambitious plan for Saudi Arabia includes a number of real estate ventures that we plan to unveil within the near future. Saudi Arabia is a very important market for us and unlike any other developers in the UAE; we are showing commitment and confidence in the Kingdom of Saudi Arabia by launching our state-of-the-art Al Jawharah project and also establishing a strong local presence in a number of cities in the country,” said Peter Riddoch, CEO, Damac Properties.
This spectacular 40-storey tower has beautiful landscaped surroundings, grand reception area with double height lobby, guest lounge designed by one of the top-most interior designers, luxurious five-bedroom penthouses and 4, 3, 2 and 1 bedroom apartments and multi-level car park.
All rooms feature aluminium double glazed windows, premium quality marble flooring, skirting for living and dining, timber or high quality ceramic flooring and skirting for all bedrooms, emulsion paint on plastered walls, ceramic tile flooring for balconies, yard, utility and maid’s room, quality wood finish, dressing rooms for master bedroom and all apartments and penthouses feature balconies. Wide balconies offer tenants private access to the magnificent outdoors with stunning views of the Corniche and the Red Sea, the company said.
Spread across two floors is a wide variety of state-of-the-art facilities, with separate male and female swimming pools, health club, sauna, steam room and jogging track around the podium.
In addition to Saudi Arabia, Damac Properties is pursing projects in Egypt, Qatar, Jordan, and Lebanon with future schemes being considered in Turkey, Oman, Morocco, Tunisia, India and Pakistan among other countries. These projects represent significant progress in the company’s plans for targeted growth over the next few years, it said. -TradeArabia News Service
http://www.tradearabia.com/news/newsdetails.asp?Sn=REAL&artid=124446