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Property in Dubai investors rush to Damac Properties

From free Jaguar motor vehicles  to a chance to win a private Jet Damac Properties have pulled out all the stops to reach its sales targets. The Dubai based company announced on Monday that it sold more than 545 units to date during its special Dubai Shopping Festival (DSF) promotion.


 

About Damac Properties

In just over two decades, Damac has grown from a local catering company to a global conglomerate with operations in over 16 countries. Today, the Damac Group ranks among the largest business groups in the UAE: a name to reckon with in real estate, hospitality, industrial projects, investments, logistics and commercial trading. An ISO 9002 registered company, Damac is the name behind some of the most distinguished residential and commercial projects in Dubai.   



 Chairman of Damac Holding   

“We have introduced innovative promotions year-on-year and we plan to continue the trend in times to come. This time, we introduced the largest promotion ever, worth over AED87 million during DSF. I am confident that my team will continue to add to the excitement and attraction Dubai Shopping Festival enjoys globally,” said Mr. Hussain Sajwani.


 

Two months to sell a tower

Damac Properties has revealed that it has sold 75% of La Residence at the Lotus, the company's first residential tower in Dubai's Business Bay in less than two months since it was launched. The 58 storey tower will contain one, two and three bedroom apartments


 

Going like hot cakes Dubai property by Damac

Examples of what is causing the flurry of activity by property investors can be seen by the following availability featured at overseas property portal Homesgofast.com


Latest availabilty includes:

 

Lotus – La Residence 1 Bedroom from £150,000

Emirates gardens + Tuscan residence – 2008 Studio from: £71,000

Park towers – Located in The DIFC- Completion July 2009 1 bed apartment from £244,000

Ocean Heights – 2009 Apartments £192,500

Lago Vista and The Crescent – 2008 Studio: £75,000 (After discount £66,000)

Qatar – Piazza – New Launch Studio - £ 58,000

Abu Dhabi – OCEANSCAPE 1 bed- £173,200

 

 

Latest availability Damac properties









Property in Dubai Resources






Dubai City Guide - Hotels, Entertainment, Shopping & Business.








A complete portal on Dubai for visitors and residents.

Dubai, Department of Tourism and Commerce Marketing








Dubai is the City built for Tourism all around the year with excellent Hotels, Resorts, Shopping and Sports facilities available throughout the year!
dubaitourism.co.ae

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Dubai.com provides Dubai World News from the most comprehensive global news network on the internet. News and analysis on UAE and international current ...
www.dubai.com/

Dubai International Airport








Gives departure, arrival, and transit information, facility services, visa information, and travel guide.
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Dubai Internet City








Dubai free zone designed to support the regional business development of information and communications technology companies. Provides free zone profile, ...
www.dubaiinternetcity.com

BBC NEWS | Middle East | Dubai's ruler Sheikh Maktoum dies








The ruler of Dubai and vice-president of the United Arab Emirates, Sheikh Maktoum bin Rashid al-Maktoum, dies.
news.bbc.co.uk/2/hi/middle_east/4579552.stm




30/01/2007

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