Damac building a third of Dubai's high rise towers
The company has five of the 19 highest residential towers in the Emirate, according to the International Council on Tall Buildings and Urban Habitat
Almost one third of all high-rise (above 250m) residential towers in Dubai have been, or are being, developed by Damac Properties.
The company is responsible for 27% of the skyscrapers which will create an imposing sight on the Dubai skyline by 2016.
Damac Properties has five of the 19 highest residential towers in the Emirate, according to the International Council on Tall Buildings and Urban Habitat.
The total height of the towers by Damac Properties reaches 1,482m, which constitutes a 26% share of the overall total height of all 19 towers (5,645m).
The total number of floors in Damac Properties’ high rise towers (361) also exceeds one quarter (25.6%) of the 19 towers on the list.
Damac Properties’ share of high-rise residential towers in the United Arab Emirates over 250m is 21%, having five of the 24 towers in the country.
Damac Heights in Dubai Marina is the seventh highest residential tower in the UAE at 335m and 86 floors, while Ocean Heights is ninth at 310m and 83 floors.
The three residential towers within Damac Towers by Paramount, came in joint 17th, 18th and 19th, reaching 279m with 64 floors each. The total height of the three towers reaches 837m with a total of 192 floors.
Ziad El Chaar, managing director, Damac Properties said: “Damac Properties delivers the highest luxury living in the region, and the high-rise residential towers with wonderful views are part of this culture. This what pushed us to develop high-rise residential towers in the best locations in Dubai in order to enjoy the luxury of the residence and the astonishing view.”