"BRETT SIEGEL IS ONE OF THE MOST KNOWLEDGEABLE PEOPLE IN MIDDLE EAST REAL ESTATE. I HIGHLY RECOMMEND READING UAE MEGA PROJECTS." Khizer Schon Husain, VP, Schon Properties, Dubai

Friday, August 3, 2012

Park Towers at Dubai International Financial Centre

Park Towers, located in the Dubai International Financial Centre(DIFC), has to be one of the most beautiful and functional real estate developments ever built in Dubai. It is one of my personal favorites and in my November 27, 2011 post entitled 'My 12 Favorite Mega Projects For 2012' I chose Park Towers as one of the twelve. Park Towers has been developed by DAMAC, one of the leading developers of Dubai real estate, and designed by the architectural firm Gensler of San Francisco. DAMAC has developed some of Dubai's best real estate projects including: Ocean Heights, Business Tower, Emirates Gardens, Executive Heights, Marina Terrace and many others.

DIFC OVERVIEW:

DIFC is a financial free zone aiming to position Dubai as a universally recognized hub for high finance. The mission of the DIFC is to be a catalyst for regional economic growth, development and diversification by functioning as a globally recognized regional financial centre akin to Wall Street in the USA, Hong Kong in Asia and London in Europe. DIFC is being developed as a city within a city and is an ideal location for a business and/or residence in Dubai.

PARK TOWERS OVERVIEW FROM DAMAC:

A two tower mixed-use project in the heart of DIFC with a freehold facility for UAE nationals and expatriates, Park Towers is one of the most architecturally impressive properties in Dubai. Each tower is 49 storeys high, and offers exquisitely designed 1, 2 & 3 bedroom Dubai apartments.

Park Towers at DIFC offers panoramic views of the financial hub and provides for the ultimate in exclusivity and comfort. With a choice of 1, 2 & 3 bedroom apartments in various configurations, the residences at DIFC are bound to appeal to discerning tastes. The two towers are designed to provide a luxurious yet comfortable apartment - a masterpiece of contemporary architecture and distinct styling.

The intelligent design of the towers ensures that every apartment has a wide balcony offering the freedom to relax and enjoy the stunning views of the financial district, with its parks, cafés and entertainment facilities.

PARK TOWERS FEATURES:

~ State Of The Art Office Space Located on First 5 Floors of Each Tower
~ Temperature Controlled Pool
~ Tennis Court and Barbecue Area
~ Health Club and Gymnasium
~ Spacious Steam and Sauna Room
~ Jacuzzi
~ Banquet Hall
~ Meeting Rooms
~ Shopping Boulevard
~ Restaurants
~ Concierge Desk with 24-Hour Service
~ Professional Housekeeping
~ Individual Post Boxes
~ Secured Parking Bay for Residents
~ 24 Hour Security
~ Panoramic Views of Dubai

"Park Towers was designed with the corporate executive in mind. It is a high-end mixed-use development which was designed to allow its residents to live, work and play within the perimeter of the development, whilst being within walking distance of the Dubai International Financial Centre and all it has to offer" said Niall Mc Loughlin Senior Vice President of DAMAC.

Park Towers is such a superlative development that it received a total of three Arabian Property Awards in the categories of 'Best High Rise Architecture,' 'Best Mixed-Use Development,' and 'Best Commercial High Rise Development.' In addition, Park Towers received 'World’s Best' in the 'Best Mixed-Use Development' category at the prestigious International Property Awards in London!

Park Towers stands out to me as a shining example of Dubai real estate development at its best. As I have said before I believe that Dubai real estate is at the beginning of a new 5-10 year upward cycle, and projects like Park Towers will lead the way!

Here is a link to the Park Towers section of the DAMAC website:
http://www.damacproperties.com/plot-development/UAE/Dubai/DIFC/Park-Towers/59/overview.xhtml?p=0

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