Luxury lifestyle provider, DAMAC Properties, introduces today “Tuscan residence”, a stunning Mediterranean styled development with Arabic themed architecture in Jumeirah Village South. The property’s launch follows the success of Emirates Gardens, DAMAC’s first project that was recently unveiled within the master planned development.
Tuscan residence is a low rise 3-building development. The Siena, Florence and Arezzo five storey towers are reminiscent of Tuscany, while encompassing a plethora of studio, one and two bedroom apartments including spacious interiors and large balconies in every apartment.
“Jumeirah Village South is a highly attractive location due to its prime location and close proximity to Dubai Media City, Dubai Internet City and the Jebel Ali Freezone. The project will be extremely attractive to people from a number of nationalities around the world due to its potential for generating substantial returns on investment and rental returns along with its unique Mediterranean architecture”, said Peter Riddoch, CEO, DAMAC Properties.
Luxury Amenities at Tuscan Residence include a state of the art health club and swimming pool, ample parking space, along with retail and restaurants at the ground level.
“At Jumeirah Village South, all residents will experience a lifestyle of utmost luxury and piece of mind with the number of medical facilities, town and country clubs, jogging and cycling trails as well as the two international schools within the vicinity, added Riddoch.
After its highly successful track record in Dubai, DAMAC Properties experienced an extensive expansion beyond the UAE. The property company recently unveiled an exquisite project in Lebanon, “la Residence by Ivana Trump”, a US $150 Million real estate venture in the world-renowned Beirut City Center. In Jordan the property company introduced a $120 Million real estate venture within the world-acclaimed Abdali area of Amman.
DAMAC Properties also launched a $3.5 Billion exquisite mixed-use project within Trumpet Bay region located in the Tanggu District, Tianjin, People’s Republic of china, as well as a $400 Million 14-building spectacular real estate venture within Lusail’s Fox Hills community in Doha.
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.
