DAMAC launches real estate project ‘The Corner’


DAMAC Properties, the part of DAMAC Holding and the largest private sector real estate developer and luxury lifestyle provider in Dubai, has announced the launch of yet another commercial development at the heart of Business Bay, The Corner, following the outstanding success of its previous 6 realty projects.

The 19 storey tower will feature state-of-the-art office spaces as well as retail and recreational facilities that promise to make The Corner one of the most sought after corporate addresses.

"Our presence in the Business Bay stems from our belief in the extremely vibrant and dynamic master plan for the development. The launch of The Corner follows the impressive success experienced by the company's previous six projects at Business Bay – ‘Executive Bay', ‘Business Tower', ‘XL Tower', ‘Capital Bay', ‘Park Central' and ‘Business Central'," said Mr. Hussain Sajwani, Chairman of DAMAC Holding.

"The Corner will represent the wealth of our global expertise and we are determined to offer our valued customers the best facilities the industry has to offer," he added.

The Corner is a perfect commercial eco-system.It will feature beautiful landscape, an exclusive world of boutique retail space on the ground level, 4 levels of parking, swipe access, Hi-speed internet, business lounge, reception desk, 24-hour security and security cameras.

DAMAC Holding has now grown into a global conglomerate with more than 7000 employees in 18 countries. Being the first private sector company to make a commitment to Dubai’s real estate market, DAMAC Properties has become the market leader with a strong sales record to its credit.

Furthermore, DAMAC recently launched yet another luxurious masterpiece – ‘The Signature Series'. This will be the most expensive penthouse in the Middle East.

DAMAC Properties recently won three prestigious awards at the CNBC Arabian Property Awards 2006.