Saudi Arabia sees the launch of new Damac real estate

  • 17 years ago
  • Uncategorized
The launch of property development in Saudi Arabia signals a new phase in the future of real estate in the largest country in the GCC .Damac properties announced  their latest project a residential tower called Al Jawharah.  The new Saudi Arabian Tower will be located on the Jeddah Corniche alongside the Red Sea just a few minutes drive from the Hilton Jeddah. Investors and those buying to live will be amongst those set to buy the residential property in Kingdom of Saudi Arabia
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 5 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 you private access to the magnificent outdoors. Enjoy stunning views of the Corniche and the Red Sea.
Mr. Hussain Sajwani, Chairman, DAMAC Holding.’ 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,’
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.
This project provides a superior living environment with every conceivable modern facility, including advanced smart home devices that ease home management. In addition, the project has lift lobby with multiple smart elevators, smart home technology with electronic access system, concierge services and 24-hour residents’ services and camera surveillance covering multiple floor parking.
Enquiries about this property can be made here
Peter Riddoch, CEO, DAMAC Properties ‘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,’  
Damac 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.

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