DAMAC Properties has reached the third level of its ‘Suburbia’ residential development next to to the Jebel Ali free zone in Dubai.
The developer is rapidly progressing with construction to ensure it is well positioned to meet the increasing demand for residential apartments within close proximity to Dubai’s expanding trade and logistics hub.
More than 200,000 people work at the Jebel Ali Port and around 80% of the workforce commute from elsewhere in Dubai, or the wider Emirates, according to Niall Mc Loughlin, senior vice president DAMAC Properties.
He added: “We are developing our ‘Suburbia’ residential project at pace in anticipation of increased demand for residential housing in this particular area of Dubai over the next few years.”
Suburbia is a low rise multi-building development influenced by Moroccan architecture. It will offer one, two and three bedroom apartments as well as townhouses on the ground level.
“We have reached the third floor on the north and south towers of the project and we are extremely pleased with the rate of construction. The project is slated for delivery in 2013, and we are on track to meet that deadline,” Mc Loughlin added.