DAMAC Properties: The construction of the Ghalia Tower at Jumeirah Circle enters its final stages



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04 07 2018

DAMAC Properties, the first luxury real estate developer in the region, has entered the completion stages The project Ghalia Tower, with a total area of ​​1 million feet squares in the heart of the Jumeirah circle. The Ghalia project is the first DAMAC compliant tower with 727 luxury furnished apartments.

Ali Sajwani, General Manager of Operations at Damac Properties, said: "The Ghalia Tower is one of the projects which will allow residents to choose accommodation in serviced apartments and will meet the requirements of customers, especially those who wish to stay in luxury destinations that comply with Islamic law. "DAMAC strives to provide dream accommodations and life concepts from around the world, and happy" The construction of the tower is in accordance with the principles of Islamic law, providing residents and visitors with luxury leisure facilities for men and others. For women, including separate dining rooms, gyms and pools. The project also offers a mix of 1-3 bedroom furnished apartments, meeting the growing demand for luxury living experiences. According to statistics from Euromonitor International, Muslim consumers are expected to account for 26% of the total world population by 2030. This will increase demand for Halal products & # 39; Shariah compliant in all sectors, including real estate.

The Jumeirah Circle Complex is synonymous with modern offerings and choices, where it hosts a wide range of facilities and equipment, including gardens, schools and mosques, nestled among the vast green spaces that surround the area. The complex is also close to 'Horses Avenue'. and the "Mall of the World", one of the emirate's leading shopping and entertainment destinations.

About DAMAC Properties:

Announcements

DAMAC Properties has been at the forefront of the luxury real estate market in the Middle East since 2002 and has brought the experience from a luxurious lifestyle from around the world. DAMAC Properties has established itself as the leading promoter of luxury real estate in the region, offering innovative designs and the highest standards of quality and has left its mark on the best contemporary lifestyle. The company has expanded into the Middle East with projects in the United Arab Emirates, Saudi Arabia, Qatar, Jordan, Lebanon, Oman and the United Kingdom.

DAMAC Properties completed delivery of more than 20,884 units as of March 31, 2018. The number of residential units is over 40,000 units at various stages of planning and construction, with more than 10,000 rooms of hotel, apartments and villas integrated. These projects are hosted by Damac Hotels & Resorts. DAMAC Properties is building a new generation of luxurious lifestyle in the Middle East with a clear and dynamic vision.

For more information, visit www.damacproperties.com/ar or follow the DAMAC properties on Facebook, Twitter, InStagram, LinkedIn and YouTube.

Or contact Mr. Sherif Ghamrawi, Senior Vice President, DAMAC Properties. Phone: +971 4 373 1000 | Fax: +971 4 373 2335 | E-mail: [email protected]

© Press Release 2018

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