/24-7PressRelease/ - AMMAN, JORDAN, September 23, 2006 - Following the astounding success witnessed by The Heights, Jordan's first iconic residential high rise that luxury lifestyle provider, DAMAC Properties, announced in July and almost sold out, the company unveils today "The Lofts" within the Abdali region of Amman. The project is an 8-storey residential development adjacent to "The Heights", offering customers a number of highly luxurious studios, one bedroom and penthouse apartments.
At The Lofts, residents will buy into unique homes featuring high ceilings and wide open spaces that exude an elegant style and sense of feedom. Customers will enjoy a luxury lifestyle that is unrivaled within the Jordanian capital while having access to all the amenities offered at "The Heights", namely, a state of the art swimming pool and gym, sauna and steam room, aerobics hall, as well as concierge service, ample parking space and 24 hours maintenance and security.
"We are very pleased to have sold a substantially large number of apartments at The Heights. We accordingly announce today a one-of-a-kind residential project, The Lofts, due to the extremely high demand for DAMAC Properties apartments in Amman", said Peter Riddoch, CEO at DAMAC Properties.
"Citizens of Jordan expressed great admiration towards our first project that we launched within the Jordanian capital in July. We accordingly have a long term plan for Jordan and plan to announce a number of highly exciting real estate undertakings in the future", added Riddoch.
The Heights 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.
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.
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.
Last year, the property company was honored with three prestigious Bentley International Awards 2005 in the categories of Best UAE Development for Marina Terrace, Best Architecture for Ocean Heights and Best Developer Website (www.damacproperties.com) at a ceremony in London on 4 November 2005.
The Bentley International Property Awards, now entering their 11th year, have been described as the 'Oscars' of the property industry. The aim of the awards is to distinguish the highest levels of achievement in a range of property-related fields. Categories cover a wide range of property and real estate related activities and services, including Development, Interior Design, Architecture, Property, Advertising, Marketing, and Estate Agency Services.
The total value of DAMAC Properties' projects is over $4 Billion. It is a subsidiary of the DAMAC Holding established in 1982. An accredited ISO 9002 company, DAMAC Holding has now grown into a global conglomerate with more than 6000 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.
Contact:
Maha Al Rawashdeh
TRACCS Jordan
Tel: (+962) 6 5924114
Fax: (+962) 6 5924334
Email: jordan@traccs.net
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