Latest news with #DAMAC
Time Business News
18 hours ago
- Business
- Time Business News
DAMAC Bays Edge – Stunning Water View Residences
Dubai's skyline is constantly evolving, but few properties combine elegance, convenience, and waterfront living as seamlessly as DAMAC Bays Edge. Located in the heart of Business Bay, this luxury residential tower offers panoramic views of the Dubai Canal and a lifestyle that blends modern comfort with upscale sophistication. Developed by DAMAC Properties Dubai, the building is designed for both end-users and investors who seek value, location, and an elevated living experience. With a strong track record of delivering world-class real estate, DAMAC Properties Dubai brings the same signature flair to DAMAC Bays Edge that it has brought to some of its most iconic developments, including DAMAC Bay 2 by Cavalli and DAMAC Akoya Oxygen. DAMAC Bays Edge is located in the vibrant Business Bay district, which has quickly become a central hub for business, leisure, and high-end living. Just minutes away from Downtown Dubai and the iconic Burj Khalifa, the property offers unmatched connectivity to Dubai's key locations, including DIFC, City Walk, and Dubai Mall. Unlike expansive suburban retreats like DAMAC Akoya Oxygen, DAMAC Bays Edge places residents in the thick of urban life—ideal for professionals, entrepreneurs, and city lovers who value walkability, dining, and dynamic surroundings. What sets DAMAC Bays Edge apart is its design. Every unit is crafted with an emphasis on modern layouts, luxury finishes, and full views of the Dubai Canal. The residences range from studios to three-bedroom apartments, all featuring: Floor-to-ceiling glass for abundant natural light Elegant open-plan kitchens with high-end appliances Spacious balconies with water or skyline views Fully furnished interiors curated by expert designers En-suite bedrooms with premium bathroom fittings Whereas DAMAC Bay 2 by Cavalli focuses on bold fashion-forward interiors and beachfront living, DAMAC Bays Edge provides a more minimalist, modern aesthetic that fits the urban professional's lifestyle. Living at DAMAC Bays Edge comes with more than just a prestigious address—it brings a resort-style living experience. The amenities are tailored to suit both residents and short-term guests, making it a sought-after property for investors and lifestyle buyers alike. Key amenities include: Temperature-controlled swimming pool and Jacuzzi State-of-the-art gymnasium with canal views Sauna and steam rooms Concierge and valet services Cafés and retail outlets on the podium level High-speed elevators and 24/7 security While DAMAC Akoya Oxygen is famous for its open green spaces and golf courses, DAMAC Bays Edge appeals to those who prefer wellness and leisure in a vertical, waterfront setting. DAMAC Bays Edge has quickly become a favorite among property investors thanks to its consistent rental demand, strong short-term returns, and ideal location for Airbnb-style vacation rentals. The building's proximity to the Dubai Canal, combined with its hospitality-level services, allows it to perform exceptionally well in the executive rental market. Much like DAMAC Bay 2 by Cavalli, which attracts international buyers due to its branded luxury and location near Dubai Harbour, DAMAC Bays Edge draws a similar audience—one that values exclusivity, high ROI, and reliable property management from DAMAC Properties Dubai. With a legacy of excellence, DAMAC Properties Dubai has established itself as one of the most trusted and innovative developers in the region. From golf communities like DAMAC Akoya Oxygen to luxury high-rises such as DAMAC Bay 2 by Cavalli, the company has delivered exceptional living environments across different market segments. DAMAC Bays Edge is another reflection of that commitment—combining strategic location, world-class design, and market-savvy execution. Investors and residents can buy with confidence, knowing they're backed by a developer with global recognition. Every residence in DAMAC Bays Edge is equipped with smart technologies that enhance comfort, security, and energy efficiency. These features include: Keyless digital entry systems Smart lighting and AC controls High-speed internet and digital concierge access Secure parking with automated access control While DAMAC Akoya Oxygen emphasizes eco-friendly community planning, and DAMAC Bay 2 by Cavalli infuses luxury with smart living, DAMAC Bays Edge bridges practicality with tech sophistication in an urban setting. DAMAC Bays Edge appeals to a wide audience: Young professionals working in Downtown or Business Bay International investors looking for high-yield rental assets Couples and singles who want canal-side living with full services Remote workers and digital nomads needing a luxury base in Dubai Short-term tenants seeking hotel-style comfort in a prime location Unlike the peaceful suburban vibe of DAMAC Akoya Oxygen, or the designer exclusivity of DAMAC Bay 2 by Cavalli, DAMAC Bays Edge hits the sweet spot between accessibility, lifestyle, and financial return. When placed side by side with other developments from DAMAC Properties Dubai, the unique appeal of DAMAC Bays Edge becomes clear: Compared to DAMAC Bay 2 by Cavalli , which is focused on high-fashion beachfront living, Bays Edge is more practical and central for city dwellers. , which is focused on high-fashion beachfront living, Bays Edge is more practical and central for city dwellers. In contrast to DAMAC Akoya Oxygen, which offers spacious villas and eco-conscious design on the outskirts of Dubai, Bays Edge provides vertical living right next to the business core. This combination of modern simplicity, waterfront beauty, and unbeatable location makes DAMAC Bays Edge a rare find in the city's ever-growing residential market. DAMAC Bays Edge represents a unique offering in Dubai's luxury real estate landscape. With its prime location in Business Bay, sophisticated design, and sweeping canal views, it's a residence that delivers on every front—whether you're seeking a home, a vacation space, or an investment opportunity. Supported by the excellence of DAMAC Properties Dubai, and standing proudly among landmarks like DAMAC Bay 2 by Cavalli and communities like DAMAC Akoya Oxygen, DAMAC Bays Edge invites you to experience life where modernity meets water, and where every detail is crafted for comfort and value. If you're ready to elevate your lifestyle or expand your investment portfolio, there's no better address than DAMAC Bays Edge—an iconic canal-side gem in the heart of Dubai. TIME BUSINESS NEWS
ME Construction
2 days ago
- Business
- ME Construction
EDGNEX announces the development of AI-powered data centre in Jakarta
EDGNEX Data Centers by DAMAC has announced the development of a next-generation AI-powered data centre in Jakarta, Indonesia, marking its second entry into the market. The milestone project stands as one of Southeast Asia's largest AI-dedicated developments, with a projected capacity of 144MW and a substantial investment of US $2.3mn. It will significantly accelerate the country's transition from an analogue base to an AI-driven digital economy. Despite being a high-potential Southeast Asian market, Indonesia faces challenges such as digital infrastructure gaps, limited hyperscale readiness, and rising latency issues. As AI adoption accelerates across various sectors, this project addresses the nation's growing demand for scalable and energy-efficient infrastructure, the statement outlined. Following successful land acquisition in March 2025 by DAMAC, the site commenced early construction phases. The facility's first phase is anticipated to be operational by December 2026. The Jakarta facility will be equipped with high-density AI racks, setting new standards for next-generation infrastructure in the region, and will serve an asset in Indonesia's digital transformation. 'This is our second project in Indonesia, and this development reinforces our commitment to bridging the digital divide in fast-growing markets across Southeast Asia (SEA), such as Indonesia,' said Hussain Sajwani, Founder of DAMAC Group. 'We are proud to build what will become one of Southeast Asia's most advanced, sustainable data centres to power the next wave of innovation and digital growth. The scale of AI workloads demands a new class of infrastructure. This project is part of our broader push across SEA, where we have committed over $3bn in digital infrastructure investments to date.' The facility aims to achieve a Power Usage Effectiveness (PUE) of 1.32, enhancing energy efficiency and aligning with EDGNEX's global sustainability standards. This expansion builds upon EDGNEX's growing presence in Thailand, Malaysia, and other key Southeast Asian markets. In 2024, EDGNEX made a significant move by announcing its first data centre in Indonesia, the firm explained. This 19.2MW data centre will be constructed at MT Haryono in Jakarta, located in the interconnected data centre clusters within Jakarta's central data hub. The primary objective of this data centre is to address the increasing demand for cloud service providers, edge nodes, and potential AI deployments. The first phase of construction is scheduled to be completed in the third quarter of 2026. EDGNEX's regional goal for Southeast Asia is to achieve a combined operational capacity of over 300 MW by 2026, the statement concluded.
TECHx
3 days ago
- Business
- TECHx
EDGNEX Announces AI-Powered Data Center in Jakarta
Home » Top stories » EDGNEX Announces AI-Powered Data Center in Jakarta EDGNEX Data Centers by DAMAC, a global digital infrastructure company, announced the development of a next-generation AI-powered data center in Jakarta, Indonesia. This is its second data center in the Indonesian market. The project is one of Southeast Asia's largest AI-dedicated developments. It will have a future capacity of 144 MW and a total investment of US$ 2.3 billion. Following DAMAC's land acquisition in March 2025, early construction phases have begun. The facility's phase one is expected to be ready by December 2026. The Jakarta data center will deploy high-density AI racks, setting new benchmarks for next-generation infrastructure in the region. This development plays a key role in Indonesia's digital journey. It aims to accelerate the country's shift from analogue to a robust, AI-powered digital economy. Indonesia is a high-potential market but faces gaps in digital infrastructure, limited hyperscale readiness, and rising latency issues. With AI adoption increasing across sectors, this project responds to the nation's demand for scalable and energy-efficient infrastructure. Hussain Sajwani, Founder of DAMAC Group, stated, 'This is our second project in Indonesia, reinforcing our commitment to bridging the digital divide in fast-growing Southeast Asian markets. We are proud to build what will become one of Southeast Asia's most advanced, sustainable data centers. This facility will power the next wave of innovation and digital growth.' The data center aims for a Power Usage Effectiveness (PUE) of 1.32, enhancing energy efficiency while aligning with EDGNEX's global sustainability standards. It builds on EDGNEX's presence in Thailand, Malaysia, and other key Southeast Asian markets. In 2024, EDGNEX announced its first Indonesian data center, a planned 19.2 MW facility at MT Haryono in Jakarta. Located in Jakarta's central data hub, it will address growing demand from cloud service providers, edge nodes, and AI deployments. The first phase is scheduled for completion in Q3 2026. EDGNEX aims for over 300 MW of operational capacity in Southeast Asia by 2026. The Jakarta AI data center will have 144 MW capacity and cost US$ 2.3 billion Phase one expected to be operational by December 2026 Project targets PUE of 1.32, promoting energy efficiency and sustainability This ambitious project highlights EDGNEX's commitment to digital infrastructure investment across Southeast Asia.
Zawya
4 days ago
- Business
- Zawya
Damac's EDGNEX to complete Phase 1 of its AI-focused data centre in Indonesia in Q4 2026
EDGNEX Data Centres by DAMAC, backed by Dubai-headquartered DAMAC Group, announced on Tuesday that the first phase of its $2.3 billion, 144 megawatt (MW) AI-powered data centre project in Jakarta, Indonesia is expected to start operations by December 2026. DAMAC completed the land acquisition for the data centre project, its second in the Southeast Asian nation, in March 2025, EDGENEX said in a press statement. 'This project is part of our broader push across SEA [Southeast Asia], where we have committed over $3 billion in digital infrastructure investments to date,' said Hussain Sajwani, Founder of DAMAC Group. EDGNEX is targeting 300+ MW of operational capacity in SEA by 2026. The new facility will target a Power Usage Effectiveness (PUE) of 1.32, significantly enhancing energy efficiencies and aligning with EDGNEX's global sustainability standards, the statement said. In 2024, EDGNEX announced its first data centre project in Indonesia, a planned 19.2 MW facility to be built at MT Haryono in Jakarta to address the growing demand for cloud service providers, edge nodes, and potential AI deployments. The first phase is scheduled for completion in the third quarter of 2026. (Editing by Anoop Menon) (
Zawya
4 days ago
- Business
- Zawya
EDGNEX Data Centers by DAMAC announces $ 2.3bln AI-focused data center in Jakarta, Indonesia
According to Mordor Intelligence, the Indonesian Data Center Market is expected to grow at a CAGR of 16.73% to reach 2.11 thousand MW by 2030. [1] Jakarta, Indonesia – EDGNEX Data Centers by DAMAC, a global digital infrastructure company backed by the DAMAC Group, a global conglomerate headquartered in Dubai, today announced the development of a next-generation AI-powered data center in Jakarta, Indonesia, its second in the market. This milestone project marks one of Southeast Asia's largest AI-dedicated developments, with a future projected capacity of 144 MW and a total investment of US$ 2.3 billion. Following the land acquisition completed in March 2025 by DAMAC, the site has entered early construction phases, with the facility's phase one expected to be ready for service by December 2026. The Jakarta facility will deploy high-density AI racks, setting new benchmarks for next-generation infrastructure in the region. As a foundational asset in Indonesia's digital journey, it will be pivotal in accelerating the country's transition from an analogue base to a robust, AI-powered digital economy. Indonesia remains a high-potential Southeast Asian market yet faces digital infrastructure gaps, limited hyperscale readiness, and rising latency challenges. With AI adoption accelerating across sectors, this project responds to the nation's growing demand for scalable, energy-efficient infrastructure. 'This is our second project in Indonesia, and this development reinforces our commitment to bridging the digital divide in fast-growing markets across Southeast Asia (SEA), such as Indonesia,' said Hussain Sajwani, Founder of DAMAC Group. 'We are proud to build what will become one of Southeast Asia's most advanced, sustainable data centers to power the next wave of innovation and digital growth. The scale of AI workloads demands a new class of infrastructure. This project is part of our broader push across SEA, where we have committed over US$ 3 billion in digital infrastructure investments to date.' The facility will target a Power Usage Effectiveness (PUE) of 1.32, significantly enhancing energy efficiencies and aligning with EDGNEX's global sustainability standards. The second Jakarta data center builds on EDGNEX's growing presence in Thailand, Malaysia, and other key SEA markets. In 2024, EDGNEX announced its first data center in Indonesia, a planned 19.2 MW data center to be built at MT Haryono in Jakarta. The site is in the most interconnected data center clusters in Jakarta's central data hub. It will address the growing demand for cloud service providers, edge nodes, and potential artificial intelligence deployments. The first phase is scheduled for completion in the third quarter of 2026. The regional goal for EDGNEX in SEA is 300+ MW of operational capacity by 2026. EDGNEX at a Glance Established in 2021 Operations in 11 countries: UAE, US, KSA, Turkey, Thailand, Malaysia, Indonesia, Greece, Spain, Finland, Italy Workforce of 100+ professionals Global projected capacity of 4,000+ MW Active investment footprint in Southeast Asia, Europe, and the U.S. Over 55 MW to be delivered in the Middle East in 2025 About EDGNEX EDGNEX is a global digital infrastructure company headquartered in Dubai, United Arab Emirates. It is a wholly owned subsidiary of the DAMAC Group, providing a foundation for local innovation across the globe and disrupting the data center market with new speed and agility. EDGNEX proactively builds, buys, or partners to serve the next wave of demand for data center services. Media Contact EDGNEX / DAMAC Corporate Communications Email: corporatecommunications@
