The project is based on Chicago style architecture and is comprised of 8 buildings

Dubai, March 25th, 2007: Luxury lifestyle provider and the region's largest private sector master developer, DAMAC Properties, today announced the launch of its project in Dubailand called - Lincoln Park. The project is comprised of 8 buildings.

"We are delighted to unveil yet another masterpiece for the discerning community in the Middle East and worldwide. A beautiful commercial and residential project, Lincoln Park in Arjan, Dubailand is a strategic development offering everything that one seeks right from state-of-the-art facilities to luxurious internationally designed luxurious environment," said Mr. Hussain Sajwani, Chairman, DAMAC Holding.

Dubailand is an innovative, awe-inspiring entertainment and leisure development that represents an integral part of Dubai's bold vision to become the worlds top tourism destination. Arjan is a development within Dubailand and has been master planned to suit the busy lifestyle of fast-paced professionals. Located in the heart of Emirates Road - the business and commercial centre of Dubai, it is also close to the Arabian Ranches and Dubai Sports City.

"Lincoln Park is a mixed with Chicago style architecture at Arjan, the master planned development by Mizin, within Dubailand. Brilliant white architectures with the great blue sky as backdrop, best describe Lincoln Park at Arjan," said Mr. Peter Riddoch, CEO DAMAC Properties.

Inspired by Chicago style architecture, the building has a well articulated and ornamented front entrance, flat roofs with parapet walls and beautifully designed roof terraces. The project has a state-of-the-art gymnasium, swimming pool and retail on the ground floor.

DAMAC Holding has now grown into a global conglomerate with more than 7000 employees in 18 countries. Being the first private sector company to make a commitment to Dubai's real estate market, DAMAC Properties has become the market leader with a strong sales record to its credit.

Furthermore, DAMAC Properties recently won three prestigious awards at the CNBC Arabian Property Awards 2006. Property developer bagged the best development award for 'Oceanscape', best architecture award for 'Ocean Heights 2' and the best website award for the company's website - www.damacproperties.com.  In December 2006, the company also won the IREF ME award for the best residential development in the UAE. 

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ABOUT DAMAC PROPERTIES:
DAMAC Properties is part of DAMAC Holding. The company was established in 1996 and has grown into one of the most successful residential, leisure and commercial developers in Dubai and the Middle East, and is expanding rapidly into North Africa, Jordan, Lebanon, Qatar and the Far East. The company's portfolio of 52 towers is worth over AED15 billion. By partnering with world renowned architects and designers, DAMAC Properties aims to develop schemes that include residential, commercial and leisure facilities that will create an integrated community. The company's schemes are located in the most desirable and exclusive locations and the homes are built to a high quality specification that has become synonymous with the group. Driven by a passion for excellence, DAMAC Properties manage all their projects from start to finish. The company's diverse range of expertise allows them to control their land purchase activity, appointment of architects and designers, construction and sales and after sales service. In addition to support services provided by their Dubai headquarters, the company's comprehensive Customer Care Program provides solutions through its vast regional network with offices in the UK (London, Manchester and Glasgow), UAE, Iran, Russia, Jordan, Lebanon and Qatar. DAMAC Holding has grown over the years from a specialist catering company established in 1982, into a multi-billion dollar corporation to become one of the largest organizations in the Middle East. For further information, please refer to www.damacgroup.com and www.damacproperties.com.

© Press Release 2007