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Prive by Damac is a twin-tower development that offers hotel units of various sizes with global standards of quality. It provides a range of hotel-like units with breathtaking views of the waterfront.
Damac Real Estate, with meticulous care, selected a prime location and integrated comprehensive services covering both essential and recreational needs, down to the smallest details.
Location of Prive by Damac
The distinguished location in the bustling Business Bay, a vital hub for trade in Dubai, was carefully chosen for Prive by Damac after extensive studies. The Prive by Damac is strategically positioned to contribute significantly to the development of the UAE, being a central destination for trade and investment activities.
Damac’s giant project in this area is designed to surpass existing skyscrapers, with connectivity to major transportation networks. Clients will enjoy panoramic views of commercial and residential buildings, along with fantastic entertainment services. The Prive by Damac is surrounded by various amenities, including:
- Commercial malls offering globally recognized products.
- Diverse medical services, including clinics, hospitals, and international doctors.
- Exceptional educational services from international schools to various universities.
- Abundant entertainment facilities such as gaming lounges, swimming pools, and shopping centers.
Design of Project
Prive by Damac has been designed by top architectural experts, featuring unique glass facades that reflect light and prevent noise. The American-style design of the skyscrapers ensures a luxurious appearance, complemented by distinguished interior and exterior décor with furnishings from the renowned Versace brand.
The best construction materials have been used, and units are furnished with Versace furniture, blending colors brilliantly and cleverly to add a sense of spaciousness. The developer has ensured privacy by incorporating barriers between units.
Space of Prive by Damac
Constructed on a vast space, Damac utilized only 10% of the twin towers connected by podiums, leaving the rest for various water features, including swimming pools, turquoise lakes, waterfalls, and colorful fountains. The area also boasts gardens, beautiful sitting areas, safe walkways, and spaces for various sports.
Prive by Damac comprises 39 repeated floors, including the ground floor, three podiums, a basement, and a rooftop area furnished in the renowned American style. Each tower has nine private elevator entrances.
Types and Unit Sizes in the Project
The immense space in the residential project plays a vital role in diversifying the units and utilizing space optimally. Damac Real Estate has crafted units of various natures and sizes, including:
- Studio apartments with different sizes.
- Hotel apartments with one or two bedrooms.
- Deluxe rooms offer luxurious hotel services.
- Private royal suites with diverse sizes and layouts.
- Investment units for medical, administrative, and commercial purposes.
- All units enjoy panoramic views of the Business Bay.
Services of Prive by Damac
Given the project’s sophistication, Damac Real Estate has curated a comprehensive set of exceptional services to offer a unique luxury living experience at Prive by Damac. Some of the standout services include:
- Direct views of the Business Bay from all residential units.
- Fully equipped kitchen facilities in all units.
- Multiple lobby lounges in both towers with specialized staff for visitor verification.
- Various temperature-controlled swimming pools, both indoor and outdoor.
- Employee and personal security services.
- 24/7 hotel-style childcare services.
- International restaurants and cafes operate throughout the day.
- Global shopping experiences within and around the Prive by Damac.
- Fitness centers with experts and state-of-the-art equipment.
- Comprehensive educational services for schools, nurseries, and universities.
- Underground garages for resident and visitor parking.
- Dedicated rooms for sauna, jacuzzi, and spa.
- Sports clubs for golf, tennis, and more.
- Prayer rooms are designed in a unique Islamic style.
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Prices of Units in Prive by Damac
Damac, the developer of Prive by Damac, has introduced a new feature – instant payment prices for owning these exceptional residences. This ensures that clients find their dream homes at the lowest prices possible, despite the project’s outstanding features that make this pricing remarkably competitive.
The initial price for the apartments starts from AED 702,000, catering to clients with varying financial capabilities. Additionally, the company offers a unit leasing option within any period desired by the client without involving project management. Prices for some units are as follows:
- Studio units with private space start from AED 702,000 and go up to AED 1,233,000.
- One-bedroom units start from AED 1,239,000 and reach up to AED 2,210,000.
- Two-bedroom apartments range from AED 2,137,000 to AED 3,255,000.
Payment and Installment Systems
The payment and installment plans for owning Prive by Damac units are as flexible as the instant payment prices. The company has implemented a highly accessible system with unequal installments and extended payment periods over two years. The payment plan is structured as follows:
- The first payment, equivalent to 20% of the total unit price, is due in the first installment.
- The second installment, payable during the first year, requires the client to pay 40% of the unit price.
- The third and final installment, due in the second year, amounts to 40% of the unit price.
Real Estate Developer of the Project
Damac Real Estate is the visionary behind Prive by Damac, leaving an aesthetic mark in the Business Bay area of Dubai. With its global design, integrated services, and top-notch recreational activities, Damac is a leading real estate developer in the UAE.
Collaborating closely with the government, Damac has transformed the UAE into a major global business attraction with its distinguished projects.
Under the wise leadership of businessman Hussain Sajwani, Damac has risen to prominence, known for its trustworthy development projects that exceed global standards. Some notable projects include the iconic Damac Tower in London and the Jewel Project in Saudi Arabia.
Features of Prive by Damac
The developer has introduced numerous features in Prive by Damac, setting a new standard for residential hospitality. With a plethora of units and high-level hotel services, some standout features include:
- Global interior and exterior designs.
- Diverse spaces with upscale hotel services.
- A range of integrated services, both essential and recreational.
- A strategically located project in Business Bay, Dubai.
- A golden investment opportunity with the option to lease units for a monthly financial return.
- Competitive prices, payment plans, and unbeatable installment years for the project’s luxury.
- Permanent residency opportunities in the UAE.
