Dubai: Damac Properties on Sunday launched two self-funded mega-projects in Dubai and Saudi worth over Dh2 billion in Fendi-branded luxury apartments.
The 800m riyals Damac Esclusiva project includes 100 luxury serviced apartments in Riyadh located in a 150-meter tower overlooking the Kingdom Tower on King Fahad road, Ziad El Chaar, Damac’s managing director, said at a press conference. The apartments will be sold by invitation and pre-approval to a limited number of VIPs only.
The Dh1.2 b Damac Residenze project features exclusive private apartments that will occupy the top 40 floors of a 335-meter tower in Dubai Marina, over looking the Palm Jumeirah, El Chaar said. It was put on offer Sunday morning.
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