Construction work on The Buildings, a Dh1.6 billion ($435.96 million) luxury real estate development in the heart of the Dubai International Financial Centre (DIFC) is on schedule and is expected to be delivered by late 2008, says its developer Daman, which has just launched a sales campaign for the property.

Daman has appointed real estate and property services leader Asteco as its exclusive sales and co-ordinating agent, and Amlak as the mortgage lender.
Perkins and Will, the design architect, has already completed the detailed design.
The 235 m structure is a 65-floor mixed-use residential and commercial complex including freehold apartments, offices, a luxury hotel and retail space, encompassing 1.6 million sq ft of built-up area, surrounded by sculptured gardens and water features.
The project will have a dedicated commercial tower offering almost 50,000 sq ft of prime office space per floor with virtually no columns. This unique floor layout yields about five times the average commercial floor space on Sheikh Zayed Road properties, and offers tenants a maximised floor space plan with no irregular corners, says the developer.
The residential unit offers one, two-, and three-bedroom simple and duplex apartments, which will have continuous sky-view terraces spread along the length of each apartment. The apartments feature hardwood parquet floors in the living, dining and bedroom areas, marble floors in the kitchen areas and quarried stone flooring in the bathrooms.
Built-in display areas with hardwood and stone surrounds, mosaic and tile back splash areas in the bathrooms and kitchen, hardwood work areas in the kitchen with granite countertops throughout and full white goods appliances (washer/dryer, refrigerator, dishwasher, oven with hotplate cooking surfaces, microwave, under sink disposal unit) are provided in all apartments. The apartments have individual controlled temperature units in every room. All apartments have pre-delivered recessed lighting with individual lighting controls.
The Buildings includes a five-star hotel to be managed by an international chain, a dedicated, purpose built spa and luxury serviced apartments.
The complex has sky lobbies, two floors of dedicated retail space with convenience stores tailored to the needs of the tenants, upmarket restaurants, café and dining areas as well as a mosque, day-care centre, gym and selective retail stores.
The Buildings has 2,300 dedicated parking spaces including automated parking for commercial tenants. One of the first and largest automated parking systems in the UAE, the speedy retrieval will allow tenants to call their parking space before arriving at the entry and park or recall their car with a remote command. The new Dubai Metro rail system stops at the base of the commercial building at Daman Station. The complex has 10 high-speed elevators and intelligent and state-of-the-art interior designing techniques for ease of movement in the complex.
The official ground-breaking ceremony for the project was held on site lat December.