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Step Into Futuristic Living With DAMAC Properties

Step Into Futuristic Living With DAMAC Properties

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Step Into Futuristic Living With DAMAC Properties

Step Into Futuristic Living With DAMAC Properties

Since its inception in 2002, DAMAC Properties has grown into the Middle East’s leading luxury real estate developer for award-winning residential, commercial and leisure properties like DAMAC Hills, DAMAC Hills 2, DAMAC Lagoons, Cavalli Tower, AYKON City, Safa One and more. DAMAC Properties is part of DAMAC Group which has been shaping the Middle East’s luxury real estate market since 1982.

Step Into Futuristic Living With DAMAC Properties

DAMAC Properties has delivered 39,400 quality homes, with 28,000 upcoming projects spread across 3 continents. From the UAE, KSA, Jordan, Qatar, Iraq, and Lebanon to the United States, United Kingdom, Canada and Maldives, DAMAC Properties is known to have redefined luxury living.

Step Into Futuristic Living With DAMAC Properties

Reiterating this reputation are the 100+ global awards and exclusive collaborations and partnerships that DAMAC has consciously built which include a golf course by Tiger Woods Design, managed by The Trump Organization, and luxury homes in association with Versace, Just Cavalli, Paramount Hotels & Resorts, Rotana Hotels and Radisson Hotel Group.

Step Into Futuristic Living With DAMAC Properties

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Step Into Futuristic Living With DAMAC Properties

Now with its latest acquisition of the Swiss Jewellery brand, de Grisogono, DAMAC is all set to step into futuristic living while carrying forward its legacy of exuberant and opulent lifestyle that is desired by all. Since the early days of DAMAC Properties, the organization has continually received recognition and accolades for its contribution to the real estate development sector. Having now received over 100 global awards and commendations, for everything from high-rise architecture and interior design to excellence in hospitality and international golf course communities, DAMAC only goes from strength to strength.

Step Into Futuristic Living With DAMAC Properties

Paramount Hotel Dubai

paramojht hotle dubai

The glory of the golden age has rolled out its red carpet. This time, exclusively for you. Inspired by the rich history of Paramount Pictures, the hotel is set to center stage in the heart of Dubai’s dynamic Business Bay district, 16 km near the Dubai International Airport. With Hollywood-themed rooms, Californian-inspired cuisine and unequivocal entertainment, it’s time to script your own story at the Paramount Hotel Dubai.

Paramount Hotel Midtown

paramoht hotel midtwon

With feel-good vibes, mid-century styling, awe-inspiring views and fresh culinary concepts, this hotel is where the Hollywood-chic go to ‘see and be seen’. Curated for the young-at-heart who loves to be at the center of it all, Paramount Midtown is perfectly positioned in Business Bay Dubai, just a stone’s throw from Sheikh Zayed Road, Burj Khalifa and the Dubai Mall.

DAMAC Maison Distinction

damac maison distinction

With its mix of superbly appointed deluxe rooms, suites and penthouses, with stunning canal or Burj views, DAMAC Maison Distinction is crafted for a discerning audience.

DAMAC Maison Cour Jardin

damac maison cour jadin

The incredible buzz of the city comes right to your door in a prime Burj area location, where exceptional dining, shopping, entertainment and leisure experiences are minutes away. Deluxe rooms, and one, two and three-bedroom suites, all have sleek, dark polished kitchen cabinets and tasteful furnishings throughout.

DAMAC Maison Canal Views

amac maison canal views

Spectacular canal views are standard at DAMAC Maison Canal Views. This collection of suites is bright and airy, with beautifully equipped kitchens, fitted wardrobes and indulgent bathrooms. An exceptional destination to call home, a suite here comes with spacious balconies, amazing views and hospitality services just a phone call away.

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Danube Properties appoints Naresco Contracting for the construction of Skyz Tower

Danube Properties appoints Naresco Contracting for the construction of Skyz Tower

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Dar al Omran secures the design contract for Nobles Properties’ AlShahd 3 gated community

Dar al Omran secures the design contract for Nobles Properties' AlShahd 3 gated community

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Alpago Properties launches a new villa at Dubai’s Billionaires’ Row at the Palm

Alpago Properties launches a new villa at Dubai’s Billionaires’ Row at the Palm

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Imkan Properties officially opens Sheikha Fatima Park, Abu Dhabi’s first urban park

Imkan Properties officially opens Sheikha Fatima Park, Abu Dhabi’s first urban park

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Imkan Properties officially opens Sheikha Fatima Park, Abu Dhabi’s first urban park

SFP day IMKAN Properties has officially opened the first of its kind premium urban park in the Capital. Nestled within Khalidiya District along Al Bateen Street, Sheikha Fatima Park is just minutes away from the famous Corniche in the heart of Abu Dhabi

Historically known as ‘Khalidiyah Ladies Park’, the 46,000m2 plot has been redeveloped into a vibrant space re-imagined for the community. Retaining its legacy, and a tribute to the mother of the nation, Sheikha Fatima Park will be a place of permanent discovery where families come together to explore the different environments within the park and engage in an active healthy lifestyle.

Highlighting IMKAN’s priorities, Engineer Suwaidan Al Dhaheri, Managing Director of IMKAN, said: “At IMKAN, our primary aim is to enrich the lives of city dwellers by providing creatively-designed spaces, which also enhance the surrounding environment. Sheikha Fatima Park is a reflection of our ability to think innovatively as we try to protect nature and promote community well-being in line with our vision to make meaningful contribution to the development of the local community.”

PanoramaAl Dhaheri reiterated IMKAN’s commitment to actively supporting the UAE’s public and private sectors through supporting home-grown brands that embrace the finest local concepts. In implementing special projects such as Sheikha Fatima Park, which has created a model for an ideal public-private partnership, we continually seek to exceed the aspiration of the local population.

“IMKAN’s creative vision has helped it promote entrepreneurship, adopt new business concepts and implement unique ideas and facilities that best serve societal needs and promote sustainable living in Abu Dhabi,” he added.

26Sheikha Fatima Park is split into three experiential areas — A Discovery Zone, an Adventure Zone and an Experience Zone. Activities within the park will center around the wellbeing of the community with a year-round calendar of wellness and fitness events, family-friendly interactive activations, a pet zone, and a retail space featuring boutique shops and food and beverage pop-ups.

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Marriott Bonvoy launches two vibrant properties in Dubai

Marriott Bonvoy launches two vibrant properties in Dubai

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Marriott Bonvoy launches two vibrant properties in Dubai

Aloft Al Mina Dubai Lobby 1Marriott Bonvoy opens Aloft Al Mina, Dubai and Element Al Mina, Dubai. Situated on Sheikh Rashid Road in the Al Raffa neighbourhood and close to the city’s famed attractions, the hotels offer choice and flexibility for today’s global traveller. 

“Dubai is a thriving destination for leisure and business travellers who seek original experiences. Aloft Hotels and Element Hotels are two distinctive brands that deliver a fresh approach to design, streamlined and warm service, all at an attractive price point. Aloft Hotels’ eclectic spaces thrive off a bold design and live music programming, while Element’s ergonomic design and eco-conscious ethos speaks to today’s healthy, active traveller,” said Sandeep Walia, Area Vice President – UAE, Marriott International. 

Aloft Al Mina Dubai W XYZ Bar
Aloft Al Mina

Aloft Al Mina, Dubai   

Designed with the brand’s philosophy to create bold, open and vibrant environments, Aloft Al Mina, Dubai is artful and innovative featuring nine-foot-ceilings. Each room is complete with complimentary Wi-Fi, 55-inch flatscreen televisions, and Aloft’s ultra-comfortable beds. The modern bathrooms feature walk-in showers with rainfall showerheads and custom toiletries. 

For guests looking to stay active while travelling, the hotel has a 24/7 Re:charge fitness centre with state-of-the-art equipment. The outdoor infinity pool overlooks the iconic Dubai skyline, for guests looking to cool off with a view. The hotel also features fully equipped meeting spaces, catering to guests looking to mix business and leisure travel. 

Element Al Mina Dubai Restore
Element Al Mina

Element Al Mina, Dubai 

Element Al Mina, Dubai presents a longer stay concept inspired by nature, for guests seeking to maintain a balanced lifestyle while travelling. Filled with natural light and a bright aesthetic, Element Al Mina, Dubai offers a home-away-from-home experience with a relaxed and enriching atmosphere.   

Element Al Mina, Dubai consists of a collection of 96 thoughtfully designed studios, one and two-bedroom apartments making the property an ideal proposition for holidaymakers, business travellers and longer staying guests. Each spacious apartment features a signature Heavenly bed, a spa-inspired bathroom, oversized closets and a fully equipped kitchen. 

“We are delighted to open the doors of Aloft Al Mina, Dubai and Element Al Mina, Dubai and invite guests to experience each of the brand’s signature experiences,” said Tolga S Lacin, Area General Manager, Marriott International. “Whether seeking a flexible, longer stay with all the comforts of home or to enjoy Aloft’s vibrant programming, these two new properties offer the best of both worlds in one of the city’s most buzzing locations.” 

 

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Emaar Properties and Emaar Malls to merge

Emaar Properties and Emaar Malls to merge

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Emaar Properties and Emaar Malls to merge

shutterstock 1211802025Emaar Properties PJSC and Emaar Malls PJSC  jointly announce today that each of their boards of directors have voted to recommend an all share merger to their respective shareholders. The proposed merger has the unanimous support and recommendation of the board of directors of Emaar Properties and Emaar Malls (acting through its independent directors) and will reinforce Emaar Properties’ position as MENA’s largest integrated and diversified real estate company, ensuring both Emaar Properties and Emaar Malls are strategically positioned to capture opportunities in the marketplace and drive shareholder value.

As part of the transaction, the existing business of Emaar Malls will be reconstituted in a wholly owned subsidiary of Emaar Properties and will continue to develop and hold a portfolio of premium shopping malls and retail assets, and Emaar Properties will continue to be listed on the Dubai Financial Market.

The combination offers a compelling value proposition for both Emaar Properties and Emaar Malls’ shareholders and is expected to create the following benefits:

  • Solidify Emaar Properties’ position as MENA’s largest integrated and diversified real estate company
  • Boost Emaar Properties’ financial and operational performance through full (100%) consolidation of Emaar Malls’ earnings and cash flow generation, and further reduce volatility through an increase in the proportion of earnings from recurring businesses
  • Fully incorporate Emaar Malls into Emaar Properties, a significantly larger and more diversified group, while reconstituting Emaar Malls as a wholly owned subsidiary that will continue to develop and hold a portfolio of premium shopping malls and retail assets, with the majority of its EBITDA being generated within the Emirate of Dubai
  • Significantly improve Emaar Malls shareholders’ earnings profile via a substantial uplift in earnings per share immediately post transaction and access to Emaar Properties’ embedded long term growth potential
  • Reinforce Emaar Properties’ robust balance sheet with its conservative loan to value ratio, while increasing the combined group’s financial flexibility and strengthening Emaar Properties’ credit profile
  • Safeguard Emaar Malls’ credit strength with a neutral impact expected to its existing credit ratings by virtue of the transaction
  • Streamline Emaar Properties’ organisational structure and increase the combined group’s overall resiliency and strategic alignment across its key entities
  • Enhance Emaar Properties’ standing in regional capital markets and increase its stock liquidity on the Dubai Financial Market, while maintaining inclusion in international equity indices

The combination of Emaar Properties and Emaar Malls is expected to enhance the combined group’s position as a national real estate champion and will continue to contribute to the ongoing development of Dubai, acting as a critical enabler of the economic vision of Dubai and the UAE.

 

 

 

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Ellington Properties commences handover of DT1, its first development in Downtown Dubai

Ellington Properties commences handover of DT1, its first development in Downtown Dubai

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Ellington Properties commences handover of DT1, its first development in Downtown Dubai

Ellington Properties DT1 in Downtown DubaiEllington Properties has commenced the handover of its fifth residential development, the award-winning DT1 residences in Downtown Dubai in January 2021. This marks a significant milestone and highlights the developer’s commitment to delivery despite the pandemic.

Rising to a majestic 76m, DT1 is set in an area of about 20,000sqm. This luxurious collection of residences has been designed to offer a truly distinct setting inside out. Just walking distance from the iconic Burj Khalifa, Dubai Opera and The Dubai Mall, DT1 brings residents and investors a unique value proposition in one of the most sought-after locations in Dubai.

DT1 has large three- and four-bedroom penthouses in the topmost floors as well as studios, one-, two- and three-bedrooms. Each home is thoughtfully designed with the living room and kitchen having laminated and lacquer details while the kitchen offers integrated Miele appliances, an under-mount kitchen sink and a dramatic mixer in addition to creative joinery details. Other amenities include a modern fitness centre with state-of-the-art equipment and leisure and lap pools, in addition to a games room. It also features a reading patio, and outdoor club lounges for residents and visitors seeking to wind down in the evenings.

Elie Naaman, Chief Executive Officer – International, Ellington Properties, said: “As a homegrown Dubai-based developer with a focus on design, we are committed to creating exceptional lifestyle environments, further reflected in DT1. Our first development in Downtown Dubai, DT1 residences offer superb value for investors, led by its central location, elegant architecture and world-class design. Despite the challenges of the pandemic, we continued work on the project following all safety protocols and ensuring high quality standards in terms of design and finishes.”

 

 

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Ellington Properties commissions artist Neel Shukla to design a sculpture for DT1 project

Ellington Properties commissions artist Neel Shukla to design a sculpture for DT1 project

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Ellington Properties commissions artist Neel Shukla to design a sculpture for DT1 project

Ellington Properties DT1Ellington Properties has commissioned Dubai-based artist Neel Shukla to create a bespoke masterpiece for its award-winning residential development, DT1 in Downtown Dubai.

Gracing the reception lobby of DT1, the distinctive sculpture named ‘The Levitate,’ represents global cultures and a celebration of Dubai’s local culture that has become part of the social fabric and transformed the city into a true metropolis. The contemporary design of the centrepiece complements DT1’s luxurious interior design and adds to its exceptional lifestyle experience.

The collaboration with artist Neel Shukla is part of Ellington Art Foundation’s programme, established in 2015, to showcase the talents and works of regional artists and photographers across its residential projects. From appointing spaces as an avenue for art display to bringing together aspiring and recognised artists to display their art pieces that reflect local culture and artistry, Ellington Art Foundation is dedicated to promoting the UAE’s contemporary art scene and strengthening Dubai’s position as an international destination of culture.

Robert Booth, Managing Director, Ellington Properties, said: “Through our partnership with Neel Shukla, we aim to bring a truly immersive and inspiring work of art that inspires DT1 residents and visitors. As a design-led developer, we differentiate our developments, especially by incorporating art as an essential part of our lifestyle environments. Through the work of Ellington Art Foundation, we are further empowering the UAE’s art community by engaging local aspiring and emerging artists. Home to over 200 nationalities, Dubai’s amazing cultural diversity is reflected in Neel Shukla’s sculpture that will delight all.”

Neel Shukla, Artist & Founder of Four Gallery in Dubai Design District, said: “It gives me great satisfaction and honour to be part of the DT1 project. I feel extremely fortunate to be associated with such a prestigious development and an incredibly distinguished incentive to promote local artists and talent. My inspiration for this piece is truly a reflection of the foundation’s very same concept of supporting talent and diversity within our medley of cultures and distinct expression. Art is timeless and boundless, and it will continue to bridge societies and generations if we do our share to encourage it.”

 

 

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Ellington Properties to launch an art gallery in DT1 residential tower

Ellington Properties to launch an art gallery in DT1 residential tower

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Ellington Properties to launch an art gallery in DT1 residential tower

Ellington Properties GalleryEllington Properties has announced its first dedicated art gallery that will add to the cultural showcase of the city, a vibrant global hub for arts and culture. Ellington Art Gallery will be located in its DT1 residential tower in Downtown Dubai, which will be completed shortly.

Taking pride of place on the ground floor, the gallery is developed in collaboration with leading art auction house, Artiana, and will feature specially curated, contemporary art exhibitions. In addition to adding aesthetic and inspirational value to the residents of DT1, the Ellington Art Gallery will provide art lovers and visitors compelling cultural experiences through the various exhibits.

Robert Booth, ,managing director, Ellington Properties, said: “Art and design are fundamental elements in the creation of appealing, contemporary developments that people want to live in. With this in mind, we chose to launch the first Ellington Art Gallery at DT1, our first development in Downtown Dubai. Led by its central location, elegant architecture and world-class design, DT1 will be a sought-after location for those who aspire to be at the heart of Dubai’s vibrant lifestyle destination with the gallery creating an added referral point for their refined lifestyle.”

Lavesh Jagasia, managing director, Artiana, added: “It’s a pleasure to collaborate with Ellington Properties on this initiative as we aim to continue raising levels of appreciation for art across the region. The Ellington Art Gallery will serve as a perfect springboard from which we will showcase established as well as emerging artists. The curatorial programme will focus on exhibitions that will add to the multicultural art landscape of Dubai while enhancing the experience of residents in contemporary communities such as DT1 in Downtown Dubai. We are inclined to support Ellington’s commitment to art and look forward to a long and fruitful collaboration as we support them in the delivery of exceptional, liveable communities for modern living.”

The spacious Ellington Art Gallery will host the works of artists from around the world, with the aim to broaden the understanding and appreciation of art in Dubai and the region. In addition to curated selling exhibitions, the gallery will offer a range of services including acquisitions, collection management, curatorial services, and advisory along with private sales and bespoke art storage solutions for collectors.

 

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