Jun 2, 2007, 2:29 AM
by Ivana Trump
Beirut Central District - Beirut, Lebanon
27-storey, $150 million Real Estate Venture
by DAMAC Properties
Owner: DAMAC Properties
Cost: $150 million
Completion Date: 2009 (?)
Located at the prime intersection of Omar Daouk and Fakhreddine Streets
La Residence by Ivana Trump, Damac’s prestigious new address in Beirut; one of the most diverse cities of the Middle East is an unmatched asset and experience for the homeowner and an exciting investment for the businessman and investor. A stunning 27-storey dynamic tower co-designed by Ivana Trump with 5-level podium and 4-level basement and a sleek chiseled wavy lines is a spectacle conjured tower to catch the eye from far.
Come home to unmatched luxury and uncompromising quality. From careful selection of fabric to intricate craftsmanship of joinery, the interiors of La residence are painstakingly well finished and furnished with pure marble and wooden floorings. The state-of-the-art accessories used as well as wooden doors and floors to ceiling glass windows is an eye for detail in what you’d see and experience in your very own private world. La residence features 1 to 4 Bedroom apartments, duplexes and penthouses with spacious balconies. A design that’s the talk of the town, live at the heights of luxury and enjoy this absolute lifestyle with absolute peace of mind.
Jun 2, 2007, 2:34 AM
DAMAC Properties launches $120 million real estate venture in the BCD
The Lebanon Brief by Bank Audi
Dubai-based DAMAC Properties announced the launch of real estate venture in the Beirut Central District.
The residential project, along with the piece of land on which it will be built, are worth $120 million. The tower will be located at the intersection of Fakhreddin and Omar Daouk streets and will provide stunning views of the Mediterranean Sea. It will encompass luxurious apartments with state of the art marble and ceramic finishing, liberal parking spaces, a swimming pool, a gymnasium, and 24 hours maintenance and security.
The project would be completed by 2009.
DAMAC is one of the UAE’s leading providers of luxury waterfront projects. It has a paid-up capital of $82 million (AED300 million), and more than $2.72 billion (AED10 billion) worth of projects. DAMAC’s most remarkable projects are Dubai Marina, Palm Island Jumeirah, Palm Island Jebel Ali, Jumeirah Lakes Towers, Dubai Land and Dubai international Financial Centre (DIFC).
Jun 2, 2007, 2:36 AM
DAMAC Properties launches its latest real estate venture in world acclaimed Beirut City Centre
Company announces its first project outside the UAE
Luxury lifestyle provider, DAMAC properties, announces today the launch of its first real estate venture outside the UAE in Lebanon’s world acclaimed Beirut City Centre. DAMAC recently purchased a piece of land from Solidere, the company entrusted with the city centre’s post-war rejuvenation. The project, including the price of the land is valued at $120 Million.
The property company has initiated an international architectural competition by architects from North America, Europe and the Far East and looks forward to presenting its iconic conceptual design to Solidere in the near future.
The company’s real estate residential endeavor will be located at the prime intersection of Fakhreddin and Omar Daouk Streets at the heart of Lebanon’s capital and encompasses 27 stories, including 70 two and three bedroom apartments with state of the art marble and ceramic finishing, ample parking space, a swimming pool, gym, valet parking, as well as 24 hours maintenance and security. Apartments on every level will provide stunning views on the Mediterranean Sea.
“We are delighted to invest in a real estate endeavor within Lebanon’s stunning Beirut City Center, and area that is renowned for its fabulous architecture, its 5000 years of history, and its prime location within the Lebanese capital”, said Hussain Sajwani, DAMAC Holding Chairman.
He added: “DAMAC’s new project will undoubtedly live up to the company’s reputation of delivering truly spectacular residential towers. The exquisite development will, without a doubt, stand out within the Beirut City Center skyline.”
The company was recently honored with three prestigious Bentley International Awards 2005 in the categories of Best UAE Development for Marina Terrace, Best Architecture for Ocean Heights and Best Developer Website (www.damacproperties.com (http://www.damacproperties.com)) at a ceremony in London on 4 November 2005.
DAMAC Properties was the first to introduce residential projects on every master planned development introduced by the Dubai Government, including the Palm Islands in Jumeirah and Jebel Ali, Dubai Marina, Dubai International Financial Centre (DIFC), Jumeirah Lake Towers, Discovery Gardens, and the International Media Production Zone.
The total value of DAMAC Properties’ projects is over AED 10 Billion. It is a subsidiary of DAMAC Holding, an accredited ISO 9002 company that has grown into a global conglomerate with more than 5000 employees in 16 countries. Being the first private developer to make a commitment to Dubai’s real estate market, DAMAC properties has become a market leader with a strong sales record to its credit.
Jun 2, 2007, 2:38 AM
DAMAC Properties unveils ‘la Residence’ in Beirut City Centre
Symbol of elegance and glamour Ivana Trump endorses and contributes to the design of DAMAC's dazzling Beirut project
Monday, June 26, 2006
(official press release)
Luxury lifestyle provider, DAMAC Properties, announces its stunning US $150 Million real estate venture “la Residence by Ivana Trump” in the world-renowned Beirut City Center. Located at the prime intersection of Omar Daouk and Fakhreddine streets, the project is due to stand out as one of the most glamorous and luxurious real estate undertakings within the Lebanese capital’s skyline.
International celebrity, Ivana Trump, endorsed and contributed substantially to the project’s iconic design due the synergy between DAMAC Properties as a luxury lifestyle provider and the star’s image as a symbol of opulence and glamour.
Ivana Trump is an award winning, international entrepreneur and an icon who has driven success in her every endeavor from the hotel and casino business to fashion and as a writer. Her keen business savvy, attention to detail and passion for live have inspired legions of admirers around the world who see her as the embodiment of the contemporary luxury lifestyle.
“We are honored to be endorsed by Ivana Trump, a world-renowned celebrity that is considered a symbol of style, glamour and class. Ivana Trump contributed significantly to the design of the tower that is due to illustrate optimum luxury with its stunning architecture, its state of the art amenities, as well as its location at the heart of the dazzling Beirut City Center”, said Peter Riddoch, CEO at DAMAC Properties.
“DAMAC’s launch in downtown Beirut stems from our belief in the prominence of this area as a leading destination for business and tourism from citizens the world over along with its 5000 years of history and considerably rich culture. We have a long-term plan for Lebanon and will introduce a number of highly exciting projects in the near future”, added Riddoch.
La Residence by Ivana Trump is 27-storey, elegantly designed tower that exudes grace and style, including a plethora of one, two, and three bedroom apartments, along with duplexes and penthouses. Apartments on every level will provide stunning views on the Mediterranean Sea.
The property’s luxury amenities encompass marble and wooden flooring, ample parking space, a children’s play area, smart home technology, a temperature controlled swimming pool, an exotic sauna and Jacuzzi, state of the art gym, fine dining restaurants, designer boutiques, cafes, as well as 24 hours concierge service, maintenance, security and helpdesk facilities.
Internationally, in the beginning of June, DAMAC launched a $3.5 Billion exquisite mixed-use project within Trumpet Bay region located in the Tanggu District, Tianjin, People’s Republic of china, as well as a $400 Million 14-building spectacular real estate venture within Lusail’s Fox Hills community in Doha. The property company is due to divulge its exquisite property in the new Abdali master plan in Amman, Jordan, at a press conference in July.
The property company was recently honored with three prestigious Bentley International Awards 2005 in the categories of Best UAE Development for Marina Terrace, Best Architecture for Ocean Heights and Best Developer Website (www.damacproperties.com (http://www.damacproperties.com)) at a ceremony in London on 4 November 2005.
The Bentley International Property Awards, now entering their 11th year, have been described as the ‘Oscars’ of the property industry. The aim of the awards is to distinguish the highest levels of achievement in a range of property-related fields. Categories cover a wide range of property and real estate related activities and services, including Development, Interior Design, Architecture, Property, Advertising, Marketing, and Estate Agency Services.
The total value of DAMAC Properties’ projects is over US 4 Billion. It is a subsidiary of the DAMAC Holding established in 1982. An accredited ISO 9002 company, DAMAC Holding has now grown into a global conglomerate with more than 5000 employees in 16 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.
Jun 2, 2007, 2:42 AM
Here are some pics from the Damac event in Beirut held a few months ago to unveil this project:
Jun 2, 2007, 2:46 AM
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