DAMAC Properties launches DAMAC Tower Nine Elms project in London

DAMAC Tower Nine Elms is a milestone for the company as it is its first project in Europe

The delivery of the project comes at a time when the company is expanding into a number of world markets

DAMAC Customer Experience team will be on site to welcome new residents as they take home

Dubai, United Arab Emirates: Damac Properties has announced that it is handing over its luxury project in Europe, “DAMAC Tower Nine Elms”, which consists of two 50-storey twin towers located in the first luxury district of London. Famous fashion “Versace”.

In preparation for the handover of the project, DAMAC’s customer experience team is working to ensure that the homes are handed over in a smooth and comfortable manner, providing the highest standards of comfort for the new residents. Delivery procedures, from receipt of the delivery notice , until the actual delivery of the house key to the customer.

In addition, DAMAC offers its customers, who cannot be physically present in the tower site, the service to do a virtual tour remotely, as it is part of the company’s approach to the process of comprehensive digital transformation and the provision of the best services to its customers through digital platforms. Also at this event, a team from the Customer Management Department of Dubai is on their way to London specifically to welcome new clients and celebrate this happy occasion with them.

Commenting on this, Niall McLoughlin, Senior Vice President, DAMAC Properties, said: “To celebrate the handover of the company’s first project in Europe, a dedicated team from the Client Management Department has worked to ensure that homes are delivered smoothly and comfortably. and follow up on every detail to make sure everything is going in the right direction. It provides maximum convenience for customers to receive their homes.

The Nine Elms Tower is the first project of Damac Properties in Europe, and it is the first real estate project in Europe, specifically in the first district of London, bearing the signature of the fashion house “Versace”. The ultra-luxurious tower is located on the south bank of the British capital, London, in the prestigious Nine Elms district, and is characterized by its unique architectural character, offering stunning panoramic views of the city.

The tower includes apartments of different sizes, ranging from studio apartments, one-, two- and three-bedroom apartments, to penthouses. The tower also features community facilities covering an area of ​​8,010 square feet, including public gardens and four levels of office space in the South Tower.

The elegant interiors of Versace add more luxury to this project, and this collaboration between the property developer and the renowned fashion house, following their successful collaboration in Damac Towers in Beirut and Jeddah. In addition to

Versace, DAMAC has a proven track record of success with other luxury brands such as Cavalli, De Grisogono, Paramount, Rotana, Radisson and Trump.

The city of London is characterized by its ancient and vital location as one of the most prominent financial centers in the world. The UK is also known for its advanced education system, and includes some of the best schools, universities and colleges in the world. . In addition, the city is distinguished by its multinational cultural diversity and rich heritage, as well as four major airports and is strategically located between Asia and America. These factors prompted DAMAC to invest in London and expand its brand there. The company is eager to consolidate its position in various world markets and add more luxury real estate projects bearing the signatures of the most famous brands, and is looking for more investment opportunities in London and other major European capitals and cities.

According to an analysis by real estate consulting firm Savills, the average price of luxury luxury homes compared to unbranded homes is 29% higher on an unweighted basis.

McLoughlin added: “We are very pleased with the completion and handover of our first project in Europe. The Nine Elms project is a distinctive project and a milestone in the company’s projects, given its unique characteristics, vital location and distinctive features. architectural character with Versace touch. “

He concluded: “DAMAC continues its rapid growth and strengthens its presence in various global markets, while exploiting the most prominent investment opportunities to enter new markets.”

The company continues to achieve more successes, while benefiting from the economic growth that Dubai is experiencing, and the positive future expectations that herald more successes and growth, which puts the company in a strong position to explore more opportunities.

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About Damac Properties

DAMAC Properties has held a prominent position in the luxury real estate market in the Middle East since 2002. During those years, he was able to develop residential, commercial and recreational real estate projects according to the best international standards. Thanks to this success, the company was able to expand its business in the Middle East and expand its projects to the United Arab Emirates, Saudi Arabia, Qatar, Jordan, Lebanon, Iraq, Maldives, Canada, the United Kingdom and the United States.

Since then, DAMAC has managed to deliver more than 39,400 residential units. It has also strengthened its position in the luxury real estate sector by partnering with some of the world’s most renowned brands in the field of fashion, to introduce new concepts of luxury living. These partnerships included a golf course run by the Trump organization, luxury homes in partnership with Versace, Cavalli, Just Cavalli, Rotana, Paramount Hotels & Resorts and Radisson Hotel Group. With a consistent vision and strong momentum, Damac Properties is building the next generation of luxury lifestyles in the Middle East.

The Hussain Sajwani – DAMAC Charitable Foundation, a joint charitable initiative between the DAMAC Group and its founder Hussain Sajwani, believes in the importance of charity work and corporate social responsibility, and is eager to support many charitable and humanitarian works. In June this year, the Foundation signed a Memorandum of Understanding with the Knowledge Fund Foundation to support the Schools Project.

Dubai ”to the value of 20 million dirhams, through the payment of annual tuition fees for students who are citizens of the Emirate of Dubai, from the academic year 2022-2023.

The agreement is primarily aimed at achieving the goals of the “Dubai Schools” project, which is based on providing a modern educational experience and preparing a new generation to keep up with the changes and in line with the requirements of the labor market in the future.

In addition, the Hussain Sajwani-DAMAC Charitable Foundation has also launched the “Renew Your Life from Damac” White Pages initiative in collaboration with the Dubai Police General Command, which aims to help the financially insolvent and those found guilty of sentences in sentencing and correctional institutions. , where the Foundation sponsors a donation of two million dirhams and a payment of two million dirhams.All financial fees incurred by these prisoners. The initiative will last for four months, from April to July 2022, and the prisoners will be released in conjunction with the blessed month of Ramadan, Eid al-Fitr and Eid al-Adha.

The Foundation also donated 5 million dirhams to support the “One Billion Meals” initiative launched by His Highness Sheikh Mohammed bin Rashid Al Maktoum in the month of Ramadan in 2022, with the aim of providing food support to the poor and needy in 50 countries around. the world.

The Foundation also supported the vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum to provide support to one million Arab programmers, with the aim of creating an empowered society capable of keeping pace with digital transformation, through skills development a talent refinement. The initiative has been achieved. remarkable success in honoring the winners and creators in May 2022.

To find out more, please visit Damac Properties’ official website: www.damacproperties.com

You can also follow Damac Properties on Facebook, Twitter, Instagram, LinkedIn and YouTube.

For additional information, please contact the Corporate Communications Division, Damac Properties:

Landline: 0097143732197

Email: corporatecommunications@damacgroup.com

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