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29 November 2023

Emaar, Damac launch first residential projects of 2016

By Parag Deulgaonkar

Two of Dubai’s biggest developers - Emaar Properties and Damac Properties - have unveiled their first projects for 2016.

Emaar will kick off the sales for its first 2016 project - Harbour Views- residences in The Island District of Dubai Creek Harbour on January 23.

Harbour Views- residences in The Island District of Dubai Creek Harbour. (Supplied)
The launch will be held in Dubai, New Delhi and Karachi on January 23, and in Mumbai on January 24, 2016.
A two-tower development with a three-level podium will be the tallest residential project of the Island District of the mega Creek development.  All homes open to views of the Creek, a marina with a yacht club, the Ras Al Khor natural bird sanctuary and the skyline of Downtown Dubai highlighted by Burj Khalifa.

The tower will have over 750 residences and podium apartments. Additionally, there are 14 two-storey villas with a dedicated entrance, stairway and parking.

Harbour Views will also have views to a central iconic project, with developer stating it will announced details shortly.
Emaar has said earlier that the development is going to be home to the world’s tallest twin towers.

Ahmad Al Matrooshi, Managing Director of Emaar Properties, said: “As the tallest residential project in the Island District, it stands apart with its unbeatable views and central location. Celebrating the marina lifestyle, Harbour Views homes are ideal for connoisseurs who cherish a relaxed way of life in the heart of the city with all modern amenities in walking distance.”
Damac Properties has launched Navitas Hotel & Residences, a five-tower project, in its Akoya Oxygen golf course community

Damac Properties has launched Navitas Hotel & Residences. (Supplied)

With a total value of Dh850 million, one of the five towers will consist of 312 hotel rooms, which will be managed by Damac Hotels & Resorts. The rest of the four towers will comprise residential units, overlooking the golf course and the entire project.
“The five, 14-storey towers are a real opportunity for those looking for investment properties,” company Senior Vice President Niall McLoughlin said in a statement.
Prices starts at Dh440,000 with a four-year payment plan.
Akoya Oxygen is a 55 million-square-foot development in Dubailand. It will have Vista Lux, a one million square feet central entertainment and retail district, a rainforest, a Hydroponic café and restaurant.