20 July 2016
Hollywood-inspired luxury apartments receive internationally renowned award

Dubai, United Arab Emirates - DAMAC Towers by Paramount Hotels & Resorts has recently been awarded the EarthCheck Design Certification from EarthCheck, the world's leading scientific benchmarking, certification and advisory group for travel and tourism. This certification is one of the very few that have been awarded to hospitality projects across the Middle East region.

Commenting on the certification, Ziad El Chaar, Managing Director, DAMAC Properties, said: "Achieving the EarthCheck Design Certification is a significant highlight in the project's journey and reaffirms that DAMAC Towers by Paramount Hotels & Resorts adheres to the highest possible science-based standards. The project continues to make progress with superstructure works 100% completed and facade works 85% completed for all towers, and we are on track for completion next year."

"From the design phase, through to construction and thereafter, the entire property complies with sustainability principles and best practices, ensuring safety for residents and tourists and reduced impact on the environment and making the property a great place to stay, visit, live and work in," El Chaar continued.

Stewart Moore, CEO, EarthCheck, said: "Congratulations to DAMAC Towers by Paramount Hotels & Resorts for successfully achieving EarthCheck Design Certification. This places DAMAC Properties as a worldwide leader, joining the unique group of asset developers that are certified to the internationally recognised EarthCheck Building Planning and Design Standard. Certification against the EarthCheck Building Planning and Design Standard is set to bring DAMAC Towers by Paramount Hotels & Resorts a range of benefits including recognition, credibility and best practice performance."

He added: "This first EarthCheck certification to be awarded to DAMAC Properties demonstrates their commitment to reduce environmental impact and sets a standard for others to emulate. EarthCheck looks forward to working with DAMAC Properties on forthcoming certifications in Dubai."

Thomas van Vliet, CEO, Paramount Hotels & Resorts, stated: "We are especially proud to have received this certification which is testament to the rigorous planning that goes into ensuring improved ecological performance related to climate conditions, energy efficiency and reduced consumption of natural resources, to name a few, that will also translate into reduced operational costs. Sustainability is high on the worldwide agenda of Paramount Hotels & Resorts and to be certified in this field is one that we take very seriously and strive to achieve."

DAMAC Towers by Paramount Hotels & Resorts is a hotel and residential complex located in the heart of the stylish Burj area, Dubai. This four-tower development comprising circa 1,200 luxury serviced residences in three towers, will offer sumptuous living with a Hollywood flavour. A fourth tower will house the world's first Paramount Hotel, featuring 823 guest rooms and suites. Each of the four towers stretches over 250 metres in height, joined by a multi-level plaza.

Since 1987, EarthCheck has helped businesses, communities and governments to deliver clean, safe, prosperous and healthy destinations for travellers to visit, live, work and play. The company understands the value of big ideas and the importance of clear communication, believing that what can be good for the planet is also good for business.

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Further information is available at www.damacproperties.com

About
DAMAC Properties has been at the forefront of the Middle East's luxury real estate market since 2002 - bringing luxury living experiences to residents from all over the world. Making its mark at the highest end of stylish living, DAMAC Properties has cemented its place as the leading luxury developer in the region, offering iconic design and the upmost quality. The company's footprint now extends across the Middle East with projects in the UAE, Qatar, Saudi Arabia, Jordan and Lebanon.

As of 31st March 2016, DAMAC Properties has delivered over 15,800 homes, including approximately 2,000 hotel units. The Company has a development portfolio of over 44,000 units at various stages of planning and progress, comprising more than 13,000 hotel rooms, serviced apartments and hotel villas, which will be managed by its hospitality arm, DAMAC Hotels & Resorts. With vision and momentum, DAMAC Properties is building the next generation of Middle East luxury living.

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For more information please contact: Tim Fallon, Vice President - Corporate Communications, DAMAC Properties. Tel: +971 4 373 1000 │ Fax: +971 4 373 2335 │ E-mail:  tim.fallon@damacproperties.com  

Aladin Aburamadan, TRACCS. Tel: +971 4 367 2530│ Mob: +971 55 9949 769│ E-mail: aladin.aburamadan@traccs.net

© Press Release 2016