• The tower is 50-storeys high. All photos: Damac
    The tower is 50-storeys high. All photos: Damac
  • Damac Tower Nine Elms comes with fine views across London.
    Damac Tower Nine Elms comes with fine views across London.
  • The project has Versace interiors.
    The project has Versace interiors.
  • The property will have studios and one, two and three-bedroom apartments.
    The property will have studios and one, two and three-bedroom apartments.
  • A rendering of the Nine Elms project.
    A rendering of the Nine Elms project.
  • Floor-to-ceiling windows take advantage of the expansive London views at Damac’s Aykon Nine Elms development.
    Floor-to-ceiling windows take advantage of the expansive London views at Damac’s Aykon Nine Elms development.
  • A rendering of an indoor pool in Damac's Aykon Nine Elms development in London.
    A rendering of an indoor pool in Damac's Aykon Nine Elms development in London.
  • Aykon Nine Elms was designed by architects Kohn Pedersen Fox Associates.
    Aykon Nine Elms was designed by architects Kohn Pedersen Fox Associates.
  • The resident’s lounge at Aykon Nine Elms offers 360-degree views of London.
    The resident’s lounge at Aykon Nine Elms offers 360-degree views of London.
  • Aykon Nine Elms was designed by architects Kohn Pedersen Fox Associates.
    Aykon Nine Elms was designed by architects Kohn Pedersen Fox Associates.
  • A rendering of an indoor pool in Damac's Aykon Nine Elms development in London.
    A rendering of an indoor pool in Damac's Aykon Nine Elms development in London.

Damac Towers Nine Elms in London: Dubai developer completes first European project


Ian Oxborrow
  • English
  • Arabic

Dubai developer Damac Properties has started handing over units at its Damac Towers Nine Elms (DTNE) project in London, marking the completion of its first development in Europe.

The 50-storey development of 450 units including studio and one, two and three-bedroom apartments near the centre of London is a tie-up with Italian fashion house Versace, which has provided the interiors.

As well as 8,010 sq ft of communal gardens, it also has four levels of office space in its South Tower.

“We are delighted to have completed our first project in Europe,” said Niall McLoughlin, senior vice president at Damac. "DTNE is very special to us and we are beyond pleased with the end result."

Average house prices in the UK increased by 12.4 per cent over the year to April, the Office for National Statistics said last week.

The average UK house price was £281,000 ($344,919) in April, which is £31,000 higher than in April 2021.

Damac previously said that Britons, Chinese and Gulf buyers made up the core of the UK customer base for the DTNE development. Homes were on the market from slightly more than £900,000 to £14 million.

“It's an exciting time for Damac and we are rapidly expanding our global footprint by looking at JV [joint venture] opportunities across the world," Mr McLoughlin said.

As well as Versace, Damac has collaborated with various other global brands such as Cavalli, de Grisogono, Paramount, Rotana, Radisson and The Trump Organisation.

The developer last month won a $120m bid to acquire land in the upmarket Miami district of Surfside, where it plans to build a luxury Cavalli-branded condominium project. It will be Damac's first project in the US.

Damac is also developing a luxury resort in the Maldives to be operated by global hotel brand Mandarin International.

In April, it announced it will accept certain cryptocurrencies for property transactions as part of efforts to offer more flexibility to investors, while Damac Group, parent company of Damac Properties, said it plans to invest $100m to build “digital cities” in the metaverse.

Damac's Lagoons project in Dubai - in pictures

  • The Damac Lagoons project in Dubai. All photos: Damac Properties
    The Damac Lagoons project in Dubai. All photos: Damac Properties
  • Damac Lagoons is adjacent to the Damac Hills community.
    Damac Lagoons is adjacent to the Damac Hills community.
  • It will feature eight different clusters.
    It will feature eight different clusters.
  • The eight clusters are inspired by countries based on the warm waters of the Mediterranean Sea.
    The eight clusters are inspired by countries based on the warm waters of the Mediterranean Sea.
  • The community is built around one million square feet of lagoons with white sandy beaches.
    The community is built around one million square feet of lagoons with white sandy beaches.
  • The community was announced late last year.
    The community was announced late last year.
  • The clusters include Venice, Morocco, Santorini, Costa Brava, Nice, Malta, Andalucia and Portofino
    The clusters include Venice, Morocco, Santorini, Costa Brava, Nice, Malta, Andalucia and Portofino
  • The Costa Brava cluster will feature ziplining, rock climbing, kayaking, paddle surfing and wave riding features.
    The Costa Brava cluster will feature ziplining, rock climbing, kayaking, paddle surfing and wave riding features.
  • The project is scheduled to open in 2024.
    The project is scheduled to open in 2024.
  • There will be plenty of entertainment for children.
    There will be plenty of entertainment for children.
AIR
%3Cp%3E%3Cstrong%3EDirector%3A%20%3C%2Fstrong%3EBen%20Affleck%3Cbr%3E%3Cbr%3E%3Cstrong%3EStars%3A%20%3C%2Fstrong%3EMatt%20Damon%2C%20Jason%20Bateman%2C%20Ben%20Affleck%2C%20Viola%20Davis%3Cbr%3E%3Cbr%3E%3Cstrong%3ERating%3A%3C%2Fstrong%3E%204%2F5%3C%2Fp%3E%0A
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Company profile

Company: Verity

Date started: May 2021

Founders: Kamal Al-Samarrai, Dina Shoman and Omar Al Sharif

Based: Dubai

Sector: FinTech

Size: four team members

Stage: Intially bootstrapped but recently closed its first pre-seed round of $800,000

Investors: Wamda, VentureSouq, Beyond Capital and regional angel investors

UAE currency: the story behind the money in your pockets
The Lowdown

Kesari

Rating: 2.5/5 stars
Produced by: Dharma Productions, Azure Entertainment
Directed by: Anubhav Singh
Cast: Akshay Kumar, Parineeti Chopra

 

Men from Barca's class of 99

Crystal Palace - Frank de Boer

Everton - Ronald Koeman

Manchester City - Pep Guardiola

Manchester United - Jose Mourinho

Southampton - Mauricio Pellegrino

The specs
  • Engine: 3.9-litre twin-turbo V8
  • Power: 640hp
  • Torque: 760nm
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  • Price: Not announced yet
Turning%20waste%20into%20fuel
%3Cp%3EAverage%20amount%20of%20biofuel%20produced%20at%20DIC%20factory%20every%20month%3A%20%3Cstrong%3EApproximately%20106%2C000%20litres%3C%2Fstrong%3E%3C%2Fp%3E%0A%3Cp%3EAmount%20of%20biofuel%20produced%20from%201%20litre%20of%20used%20cooking%20oil%3A%20%3Cstrong%3E920ml%20(92%25)%3C%2Fstrong%3E%3C%2Fp%3E%0A%3Cp%3ETime%20required%20for%20one%20full%20cycle%20of%20production%20from%20used%20cooking%20oil%20to%20biofuel%3A%20%3Cstrong%3EOne%20day%3C%2Fstrong%3E%3C%2Fp%3E%0A%3Cp%3EEnergy%20requirements%20for%20one%20cycle%20of%20production%20from%201%2C000%20litres%20of%20used%20cooking%20oil%3A%3Cbr%3E%3Cstrong%3E%E2%96%AA%20Electricity%20-%201.1904%20units%3Cbr%3E%E2%96%AA%20Water-%2031%20litres%3Cbr%3E%E2%96%AA%20Diesel%20%E2%80%93%2026.275%20litres%3C%2Fstrong%3E%3C%2Fp%3E%0A
Why the Tourist Club?

Originally, The Club (which many people chose to call the “British Club”) was the only place where one could use the beach with changing rooms and a shower, and get refreshments.

In the early 1970s, the Government of Abu Dhabi wanted to give more people a place to get together on the beach, with some facilities for children. The place chosen was where the annual boat race was held, which Sheikh Zayed always attended and which brought crowds of locals and expatriates to the stretch of beach to the left of Le Méridien and the Marina.

It started with a round two-storey building, erected in about two weeks by Orient Contracting for Sheikh Zayed to use at one these races. Soon many facilities were planned and built, and members were invited to join.

Why it was called “Nadi Al Siyahi” is beyond me. But it is likely that one wanted to convey the idea that this was open to all comers. Because there was no danger of encountering alcohol on the premises, unlike at The Club, it was a place in particular for the many Arab expatriate civil servants to join. Initially the fees were very low and membership was offered free to many people, too.

Eventually there was a skating rink, bowling and many other amusements.

Frauke Heard-Bey is a historian and has lived in Abu Dhabi since 1968.

Tamkeen's offering
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Indoor Cricket World Cup - Sept 16-20, Insportz, Dubai

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Updated: June 30, 2022, 10:44 AM