DAMAC’s Executive Bay in Business Bay, Dubai sold out in 15 minutes

DAMAC’s Executive Bay in Business Bay, Dubai sold out in 15 minutes
10-Apr-2007


Freehold office spaces
Intelligent working environs within Business Bay

Executive Bay, Business Bay, Dubai

DAMAC Properties, the leading private sector real estate developer in Dubai, has announced that its Executive Bay commercial tower in the heart of Business Bay, Dubai was sold out completely within 15 minutes of its launch. This 19-storey tower is set to feature state-of-the-art office spaces as well as retail and recreational facilities that promise to make it one of the most sought-after corporate addresses.

In his comments on the record sales, Mr. Hussain Sajwani, Chairman of DAMAC Holding, said: “We were always confident of the demand for our Executive Bay project. But we are absolutely ecstatic with the enthusiastic response to our project. The unparalleled sales of our tower within 15 minutes of its launch reflect the faith everyone has in DAMAC, which has always been associated with iconic projects that deliver excellent value in this dynamic city.”

The unprecedented sale of Executive Bay follows the impressive success experienced by DAMAC’s first two real estate projects at Business Bay, Dubai, Business Tower and XL Tower. The Executive Bay tower at Business Bay will offer an intelligent work environment that will enhance employee satisfaction and help increase productivity. This innovative commercial real estate project in Dubai is equipped with ultra-modern business communication and security facilities such as hi-speed internet, a business lounge, reception desk, and swipe access, security cameras and 24-hr security guards.