Luxury lifestyle provider Damac Properties has announced that its XL Tower, a modern and elegant commercial tower located at Business Bay has reached the Podium 3 level.

In June last year, XL Tower also recorded one of the largest concrete pour in the company’s history when a total of 5,500 cubic meters of concrete was poured in 25 hours.

XL Tower reflects a unique elliptical design and provides 153,000 sq ft of office space and over 8,700 sq.ft of retail space at ground level including shopping arcade, covered walkway, and parking for staff and customers.

XL Tower is a modern and elegantly designed commercial tower that provides an ideal business location.

Commenting on the progress, Peter Riddoch, CEO of Damac Properties said Business Bay is an emerging and prospective freehold, commercial and residential district sought after by high profile clients.

'We have a total of 13 properties in Business Bay and all our properties have registered commendable response,' he noted.

The tower is equipped with parking on 7 levels- 4 podium & 3 basements with 24-hr security & security cameras, swipe access, hi-speed internet, and a host of leisure activities like outdoor swimming pool, outdoor jogging track, gymnasium, aerobics room, health club and cafeteria.

'The region has been experiencing an acute shortage of raw materials and resources and the sector has been thriving hard to cope with it.'

'I am pleased that in this adverse situation, we at Damac Properties are striking a balance and endeavoring to deliver properties on time without compromising on the quality of the project,' he added.

'CSHK Dubai Contracting (LLC) - a group member of China State Construction Engineering (Hong Kong) Ltd are the appointed contractors for XL Tower.

'They have a proven track record of delivering world class projects and have contracted extensive projects across the region.'

Over 120 nationalities have bought properties from Damac Properties till date and effective support services have been provided by the property developer.

The company’s comprehensive customer care program provides solutions through its vast regional network with offices in the UAE, Jordan, Saudi Arabia, Lebanon, UK,  Egypt, Iraq, Kuwait and Qatar.-TradeArabia News Service