Monday, November 24, 2008

Damac's The Crescent development close to completion

The Crescent Tower and IMPZ
Damac Properties, the leading Dubai-based developer said that their The Crescent project is nearing completion, and is the first project to be finished at the International Media and Production Zone, Dubai.

According to a company statement, the customers are now carrying on final inspections of their apartments, in co-ordination with the Damac Properties Customer Relations Management Team. The occupants can move into their new homes in December.

The completion of 'The Crescent' follows the completion of Lake View project, the second tower to be completed by Damac in Jumeirah Lake Towers.

The Crescent development comprising three storeys is located adjacent to Emirates Road, amidst green landscaping. The development which include studio, single and double bedroom apartments is completely sold out. All apartments are designed with an innovative floor plan so as to catch a glimpse of the wonderful surrounding landscape.

According to Peter Riddoch, the CEO of Damac, this marks a significant step for Damac Properties, and contributes to the double achievement of two of the properties being finished within weeks of each other.

He added that the company is eagerly awaiting to welcome its first residents, while also simultaneously focusing on delivery of their third property Terra Del Sol at Discovery Gardens, which is also due for completion by the end of this year.

Damac Properties awarded a total of Dh.2.5bn worth contracts during the first nine months of this year.

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