Damac launches Water's Edge at Business Bay

UAE-based developer, Damac Properties, has launched its US $123 million (AED450 million) Water's Edge project.

An artist?s rendition of the Water?s Edge project.
An artist?s rendition of the Water?s Edge project.

UAE-based developer, Damac Properties, has launched its US $123 million (AED450 million) Water's Edge project.

The new project is a 20-storey commercial waterfront development in Business Bay.

The tower will feature office space as well as retail and recreational facilities.

H2A is the consultant for the project and Tunisia-based Sakly Architects is the designer.

The project is expected to start at the end of this year and will be completed by the end of 2010.

"We are proud to have launched Water's Edge and we will continue to launch such enviable projects in the future. Our presence in Business Bay stems from our belief in the extremely vibrant and dynamic master plan for the development," said Hussain Sajwani, chairman, Damac Holding.

The company, which is one of the largest private developers in the UAE, has other projects in Business Bay including HAZ Tower, The Corner, Executive Bay, Business Tower, XL Tower, Capital Bay, Park Central and Business Central.

Last week, Damac also launched ‘Westside at Lincoln Park' - a commerical and residential project in Dubailand.

"We are delighted to unveil another beautiful commercial and residential project, Westside at Lincoln Park in Arjan, Dubailand. This is a strategic development offering everything that one seeks right from state-of-the-art facilities to luxurious internationally designed environment," said Mr. Hussain Sajwani, Chairman, DAMAC Holding.

Dubailand is an innovative, awe-inspiring entertainment and leisure development that represents an integral part of Dubai's bold vision to become the worlds top tourism destination. Arjan is a development within Dubailand which has been master planned to suit the busy lifestyle of fast-paced professionals. Ideally located on Emirates Road and providing easy access to all visitors. Just 10 minute from Dubai International airport and 60 minutes from the Capital.

"Westside at Lincoln Park is a mixed Chicago architecture style at Arjan, the master plan development by Mizin, within Dubailand. This Brilliant white architecture with the great blue sky as a backdrop, best describes Westside at Lincoln Park at Arjan," said Mr. Peter Riddoch, CEO DAMAC Properties.

Inspired by Chicago style architecture, the building has a well articulated and ornamented front entrance, flat roofs with parapet walls and beautifully designed roof terraces. The project has a state-of-the-art gymnasium, swimming pool and retail on the ground floor.

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