DAMAC Kicks Off Luxury Miami Project
The Zaha Hadid-designed development marks the company's foray into the U.S.
Dubai-based DAMAC International has broken ground on The Delmore, a 37-unit, ultra-luxury condominium development in Miami’s Billionaire’s Triangle. Zaha Hadid Architects designed the project that is slated for completion in 2029.
New York-based Douglas Elliman is the exclusive broker in charge of sales at the property. Prices will start at $15 million, The Real Deal reported.
The condo building will rise 12 stories at 8777 Collins Ave. in Surfside, Fla., close to Indian Creek. The beachside development will comprise a maximum of four condos per floor. Condos will have an average of 7,000 square feet, while penthouses will start at 10,000 square feet. Hirsch Bedner Associates was in charge of interior design.
The project will have more than 55,000 square feet of amenities, including a fitness center, jacuzzi and lounge area, steam room, sauna and a 20,000-square-foot meditation garden. The property will also feature a one-of-a-kind, 75-foot-long lap pool suspended 125 feet in the air and a resident-exclusive restaurant with a Michelin-starred menu.
The Delmore marks DAMAC’s foray into the U.S. The firm has a portfolio of more than 45,000 luxury residences across the world.
While the U.S. condo market hasn’t been invulnerable to widespread economic challenges, the demand for high-quality residences with exceptional amenities and services hasn’t diminished. According to Multi-Housing News‘ 2025 outlook, the ultra-luxury segment will remain resilient, particularly in high-demand regions like South Florida.
