Page 54 - Magazine October 2022
P. 54

Construction                                                                                                                                                                                     Contractors News





           Deyaar on track to handover                                                                                                      DAMAC Properties’ Ventura Mall is 40 percent complete

           third, fourth phases of its Midtown project





           Deyaar  Development  today  announced  above 91%  commitment towards delivering our projects on
           completion of the Mesk District in Midtown, the  time, while ensuring the application of the highest
           grand  development  located in  Dubai Production  quality standards. We look forward to more residents
           City near Sheikh Mohammed Bin Zayed Road, and  enjoying a community living experience that Midtown
           also confirmed close to 78% completion of the Noor  has to offer.»
           District.                                          Al Hammadi added that the Midtown project is an
           The announcement marks a crucial milestone for the  integrated, multicultural residential project consisting
           property developer as Mesk and Noor Districts will  of 24 buildings and more than 2,000 apartments.
           allow many more to partake in the Midtown master  Midtown spans a total construction area of 5.5 million
           development.                                       sq. ft. divided into various districts with contemporary
           The upcoming districts comprise a residential cluster  residences designed to offer a modern urban living
           each, offering studios, one-, two-, and three-bedroom  experience. The development hosts a central garden
           apartments to cater to a wide range of investors and  that includes leisure facilities, health clubs, sports
           residents.                                         courts, a jogging track, daycare facilities, family
           Ayman A. Al Hammadi, Senior Vice President –  pools, and a children›s pool, among others.
           Projects & Commercial, said, «We are thrilled to see  As construction work progresses swiftly, Deyaar                            Work is well in progress on Ventura Mall, the first  The progress announcement comes just weeks after
           the swift development of Mesk and Noor Districts,  has expressed clear intentions to complete the                                community retail venture by leading Dubai-based  DAMAC Properties launched the first co-branded
           the latest additions in our master plan, which reflects  construction work in phases 3 and 4 by the end of                       property developer DAMAC Properties.               residential project in the world at DAMAC Hills. GEMS
           our future orientations and confirms our continuous  December 2022 and the end of Q1 2023, respectively.
                                                                                                                                            Located  in DAMAC  Hills, Ventura Mall  is  currently  Estates  —  an  ultra-luxurious  project  with  exteriors
                                                                                                                                            40% complete and expected to be completed in 2023.  branded by Swiss jeweller de GRISOGONO and
                                                                                                                                            Structure works for the mall have been completed  interiors branded by Italian fashion icon Roberto
                                                                                                                                            and blockwork is substantially completed. Lobby  Cavalli, will be the developer’s last villa launch in the
                                                                                                                                            MEP works and external façade works are currently  thriving community.
                                                                                                                                            in progress.                                       DAMAC Hills is DAMAC’s first master development
                                                                                                                                            Once complete, residents will be spoilt for choice with  located on Umm Suqeim Road and Hessa Street
                                                                                                                                            the mall’s 36 retail stores, which includes 10 F&B  and is home to a flourishing community of nearly
                                                                                                                                            outlets and a supermarket. This supermarket will be  10,000 residents. It offers residents a wide array of
                                                                                                                                            the second Spinneys in the DAMAC Hills community,  entertainment and leisure amenities including a skate
                                                                                                                                            and will be much bigger in size at 28,600 sq. ft. The  park, fishing lakes, horse stables, a pet farm, sports
                                                                                                                                            mall  will also  have  health and  recreation  features  facilities, and so much more.
                                                                                                                                            such as its very own medical centre, as well as a spa  DAMAC has set the highest bar when it comes to
                                                                                                                                            and a gym.                                         community living standards, and residents have
                                                                                                                                            “While DAMAC has had an active year with several  access to a wide selection of entertainment outlets,
                                                                                                                                            new project launches such as Safa One and Safa Two  which include the Trump International Golf Course
                                                                                                                                            by de GRISOGONO overlooking the Dubai Canal, it  and Malibu Bay, the UAE’s first community wave pool.
                                                                                                                                            continues to develop and beautify its existing projects.  The community also has Jebel Ali School, a selection
                                                                                                                                            We are always thinking of ways to add features and  of nurseries, Carrefour and Radisson Hotel.
                                                                                                                                            amenities to our flourishing communities with our  Additionally, DAMAC’s community  management  arm,
                                                                                                                                            residents’ comfort and convenience always being a  LOAMS, organises dozens of community activities and
                                                                                                                                            priority,” Niall McLoughlin, Senior Vice President at  events throughout the year for residents to enjoy and get to
                                                                                                                                            DAMAC Properties said.                             know their neighbours, creating a real homey atmosphere.



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