SINGAPORE--(BUSINESS WIRE)--DAMAC Properties, the largest private developer of luxury real estate in the Middle East, has announced a major regional strategic tie-up with luxury global brand FENDI, to provide interior designs on a unique project in Dubai, UAE.
The two companies will partner on the interiors for exclusive private apartments in DAMAC Residenze in the Dubai Marina.
DAMAC Properties is now making the project available to Singaporean buyers during an exclusive road show taking place at the Mandarin Oriental hotel in Singapore from 21-22 May 2013.
The state-of-the-art project, which is currently under construction and set to be completed in 2016, will provide the highest standards of refinement.
“DAMAC Properties is thrilled to be working with FENDI to take the standards of luxury home living in the Middle East to a new level,” said Hussain Sajwani, Chairman, DAMAC Properties. “Together we can bring an experience to the market which the region is yet to see. It is a perfect synergy between two visionary companies looking to reach the pinnacle of luxury living.”
“FENDI is a luxury house, based on the fearless exploration and experimentation of luxury handicraft and strong appreciation of sophisticated materials. The Dubai project is a perfect example of our poly-sensorial, three-dimensional approach to making beautiful things,” said FENDI Chairman and CEO Pietro Beccari.
“The real estate market in Dubai is again performing strongly, especially in the high-end, luxury sector,” added Sajwani. “We believe there will be a very high level of anticipation for these apartments from Singaporean investors.”
Each apartment will be fully designed by FENDI Casa reflecting the authenticity, desirability and uniqueness so strongly associated with FENDI. The reception and lobby areas will also be styled by the FENDI Casa team to create a luxurious experience from the moment guest’s step inside.
DAMAC Residenze in Dubai will include the highest standards of finishing and decor including relaxed spa and swimming pools, gymnasiums, restaurants and cafes.
DAMAC Properties has completed 37 buildings to date with 7,817 units and spanning 13,945,299 sq feet. DAMAC Properties also has a further 65 buildings at various stages of progress across the Middle East, North Africa region. These consist of 11,998 units spanning over 23,000,000.00 sq feet.