Damac tops off two towers

Damac has announced the structural completion of four buildings this year

Damac Properties has revealed that two of its Business Bay towers have reached the top level.
 

Business Bay Tower and XL Tower were topped off at 18 and 19 floors respectively, it was announced on Saturday.
 

“We are delighted to mark the structural completion of these first two towers in the Damac family of properties planned for Business Bay,” said Damac Properties CEO Peter Riddoch at a ceremony that marked the milestone.

The two towers bring the number of completed structural buildings announced by Damac this year to four, along with Smart Heights at Tecom and Lago Vista at IMPZ.
 

Business Bay Tower has 17,372m2 of office space with retail on the ground floor, while the oval shaped XL Tower will provide 17,744m2 of office and retail space, which is entirely sold out.
 

“Dubai is a very important market place for us and we are proud to be a part of its continued growth and success,” said CSHK Dubai Contracting chairman Fu He.
 

“It is an honour to work with as Damac Properties and we hope very much that our successful partnership on these two buildings could lead to more potential opportunities in the future.”
 

Construction of both Business Tower and XL Tower commenced in January 2008 and form part of Damac's portfolio of eight projects that are currently underway in the Business Bay area.
 

Both towers are due to be completed by the end of this year.

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