Real Estate

Dubai, United Arab Emirates - 08 December 2016: DAMAC Towers by Paramount Hotels & Resorts, among the biggest projects unfinished in Dubai, yesterday won the "Tower Project of the Year" award at Construction Week Awards. The project was called the victor in its group and chosen based upon construction finest technique and an exemplary safety and security record.

Construction Week Awards, among one of the most desirable in the industry, celebrates the accomplishments of the region's construction service providers and jobs. The honors seek to acknowledge and award private excellence, proficiency and project success. Construction Week magazine is an ITP publication that has grown from strength to strength because its launch in 2003.

Developed by DAMAC Properties in partnership with Paramount Hotels & Resorts, the AED 4.77 billion (USD 1.3 billion) project offers an environment and reflection of the Hollywood beauty and California lifestyle, associated with the Paramount Photo Studio over the past 104 years.

Niall McLoughlin, Senior Vice President, DAMAC Properties commented: "We are pleased to have won this highly-regarded award for among our most unique and much-anticipated projects in the pipeline. This award is tested to the introducing duty that DAMAC continues to play in luxury real estate whilst also demonstrating our dedication to construction finest method and use of the most recent strategies and technologies that translate into boosted project delivery. Thinking about the complexity of this project, it is an honour to get this recognition by a panel of courts comprised of industry experts.

" A number of unique construction methods have actually been carried out in this project consisting of liquidating the appearance while the outside hoists and cranes function. In addition precast hollow core pieces were used in strategic areas, to quicken construction of primary slabs, as well as to allow versatility in the movement of material and equipment. Sub-craning and in-tower storage of product was likewise made use of to enhance logistics.

Safety procedures were implemented throughout the construction phase of the project, to ensure the outmost defense and well-being of all associated with the project. The project additionally uses Building Information Technology to boost project distribution and control, substantially simplifying multi-disciplinary coordination and exchange of information and clash discovery whilst additionally enhancing the design in real time.

DAMAC Towers by Paramount Hotels & Resorts will certainly supply enviable views of the Burj location and give easy accessibility to one of the world's biggest mall, The Dubai Shopping center. The project will elevate bench for making use of innovative innovation and building style both within the hotel and the serviced residences. The four-tower development comprises 1,200 luxury serviced residences in 3 towers, while the fourth tower, the Paramount Hotel, will certainly house more than 800 rooms and suites. Each of the four towers stretches over 250 metres in height, joined by a multi-level plaza.

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