Damac launches tower project at Jumeirah Village

Work already underway on 33-storey Vantage Tower, complete by 2017

NEWS, Business

Dubai's Damac has launched a new 33-storey tower project within Jumeirah Village known as Vantage Tower.

The Dubai-based developer said that work has already started on the tower, which is set to contain 388 serviced apartments. It will also have a gym, restaurant, health & Fitness club, a pool and a spa. A Concierge service will also be provided by Damac's hospitality arm.

Damac said that work has already started on the project, and that it is expected to complete by the second quarter of 2017.

Prices in the development start from just over $170,000 (AED625,100), with Dubai's senior vice-president Niall McLoughlin describing it as a "a great investment project in the centre of Dubai's thriving, new community".

Damac has delivered 9,318 units to date and currently has a development portfolio of over 25,000 units at various stages of progress.



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