Al Jawharah Tower l U/C | 56F| 224M | Res

[Mr Grosso]

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/news...L&artid=124446

[Riyadhi]

I love it and I hope they build it soon. It looks similar to other DAMAC towers.

[Saudi guy]

yes you are right most of exterior building by damac is glass,by the way where the sales center in jeddah?

[Riyadhi]

I think I saw their Riyadh sales center in Riyadh. btw, the tower is close to Hilton hotel.

[Saudi Dunes]

If that building is near the Hilton Hotel on the North Corniche, as Riyadhi says...that part of Jeddah is gonna turn out very nice. Maybe someday it'll look like the coasts of Rio...minus the scantly clad babes lol!

[Saudi guy]

where excatly in wich side of hilton it located?

[huit]

the rendering looks great!

[Riyadhi]

DAMAC opens state-of-the-art 'sales lounge' in Riyadh

DAMAC Properties, the largest private sector master developer and luxury lifestyle provider has opened a state-of-the-art sales lounge for its valued customers in Riyadh, Kingdom of Saudi Arabia (KSA).



The company currently has three sales offices in the country located in Jeddah and Dammam Khobar, in addition to Riyadh. By 2012, DAMAC Properties aims to be the most admired luxury property services company in the world.

Hussain Sajwani, Chairman, DAMAC Properties says:


'In line with the exponential growth and awareness of our property portfolio, we are now in a position to move to a large scale operation in more visible locations in cities across the country. Our world-class sales lounge in Riyadh is just an example of things to come. This will support us in our broader aspiration to offer our customers local support and property opportunities in other areas of the Middle East and the Mediterranean.'



The announcement comes as a result of the company's plans to expand their operations in Saudi Arabia. In addition, 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.

Peter Riddoch, CEO, DAMAC Properties said, 'Our valued customers will now have the opportunity to visit a local DAMAC Properties branch to enquire about their current and new properties for sale around the world. Customers can get a detailed insight into the specification, facilities and local amenities offered by the development of their choice. Our aim is to provide outstanding customer service and our agents are in the best position to provide objective advice on international property markets and guidance on the purchase process in various countries.'

'KSA 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 establishing a strong local presence in a number of cities. Our ambitious plan for KSA includes a number of real estate ventures that we plan to unveil within the near future,' concluded Peter Riddoch.

Furthermore, DAMAC Properties recently won three prestigious awards at the CNBC Arabian Property Awards 2006. Property developer bagged the best development award for 'Oceanscape', best architecture award for 'Ocean Heights 2' and the best website award for the company's website - www.damacproperties.com. In December 2006, the company also won the IREF ME award for the best residential development in the UAE.

DAMAC Holding has now grown into a global conglomerate with more than 7000 employees in 18 countries. Being the first private sector company to make a commitment to Dubai's real estate market, DAMAC Properties has become the market leader with a strong sales record to its credit.

http://www.ameinfo.com/121003.html

[Riyadhi]

Damac into Saudi Arabia

Damac Properties has launched the 40 storey Al Jawharah tower in Jeddah, its first project in Saudi Arabia. Located on the Jeddah Corniche, Al Jawharah will be a residential tower not far from the Hilton Jeddah. The property will offer one, two, three and four bedroom apartments, with five bedroom penthouses also available. Leisure facilities will include a health club as well as male and female swimming pools.

http://www.ameinfo.com/121517.html

Al Jawharah will be located just a short drive from the Hilton Jeddah.

http://www.gulfnews.com/business/Rea.../10128226.html

[Saudi guy]

i phoned theme it's lcoited between rosewood (Cornich hotel tower) and Cornish Dreams! what a great area on jeddah skyline!

by the way one bedroom cost ~1million SR, 2 bedroom 1.5 million SR anyway they will call me today inshallah.

[ZK]

does any1 have any pics of corniche dreams?????/

[Riyadhi]

there's a thread of it somwhere here

[Saudi guy]

*structure will beginning in Janury 2008
*first floor loby
*2nd & 3rd Parking
*one park for each owner
*two gym open for men and closed for women +swimming pool
*high for each floor 3.20m then 3.20 X 40 Floor = 128m high
*price one bedroom= 1.4 million two bedroom = 2 million,3 bedroom =??? i forgot it
*you can pay in 3 years
*another project from damac will be in riyadh,dammam and khobar

[Riyadhi]

128 m !!!!
The rendering looks alot higher than that. I expected 200+.

[Saudi guy]

iam talking about typical floors =128 lets say the top part 30m and the parking 5m for each floor then we have here 167m

[ZK]

Where's the Jeddah Muncipiality HQ.....? Wasn't that near Rosewood too...

[Saudi guy]

what!!! JMHQ is so far from rosewood!!!around 10km or even more!!!

[ZK]

Originally Posted by Saudi guy

what!!! JMHQ is so far from rosewood!!!around 10km or even more!!!

Hmm...

[Saudi guy]

see the map i added line between roswood and JMHQ.

[ZK]

^Yup i messed it up.....