FOR IMMEDIATE RELEASE
Pressnews.biz (Press Release) Jun 9, 2014
-- New Delhi, 9th June 2014: Dubai’s luxury real estate developer DAMAC Properties has launched a ‘Summer is Dubai’ promotion for 2014 – offering investors outstanding prices when purchasing multiple units throughout the emirate.
Investors can avail of special investor pricing with a mix-and-match bundled offer on units in all of Dubai’s Master Premium Developments, including Business Bay, the Burj Area, Dubai Marina, Dubai World Central and Dubailand.
The promotion will be officially launched at an open evening (Tuesday, 3rd June 2014) from 6pm to 10pm at DAMAC Maison – Dubai Mall Street in the Burj Area. Prices of two units in two different locations starts from just AED 1.4 million with payment plans available over two to three years.
‘Summer is Dubai’ is the Dubai Government’s festival of entertainment and promotions, which runs until 6th September 2014.
“DAMAC Properties is well known for bringing fresh and exciting offers to the market during the summer promotions in Dubai,” said Niall McLoughlin, Senior Vice President, DAMAC Properties. “We have a wide array of units in prime locations all across the city and are in a unique position to present investors with a package of units at a very attractive price point.”
Dubai recently retained its position as the second most important international retail destination in the world for the third consecutive year, according to the 2014 edition of ‘How Global is the Business of Retail?’ by CBRE. Dubai comes closely behind London and ahead of the likes of New York, Moscow and Shanghai.
“The promotion includes private apartments with stunning views of the world’s tallest tower, serviced apartment living next to the site of the World Expo 2020 and hotel rooms in the heart of Maritime City.
We believe this is an exciting opportunity to capitalise on the resurgence in Dubai’s property market and create a diversified real estate portfolio,” added McLoughlin.
DAMAC Properties has delivered almost 10,000 units to date and currently has a development portfolio of over 25,000 units at various stages of progress and planning as of March 31st 2014.
Details on the variety of property bundles on offer can be found at www.damacproperties.com.
About DAMAC Properties:
For over a decade, the real estate portfolio of DAMAC Properties has been at the forefront of the Middle East’s luxury real estate market. With an enduring passion for design and quality, the company has built a reputation for creating some of the most iconic and desirable properties in the UAE, Qatar, Saudi Arabia, Iraq, Jordan and Lebanon.
Established in 2002, DAMAC has delivered almost 10,000 units to date and currently has a development portfolio of over 25,000 units at various stages of progress and planning as of March 31st 2014.
Always at the forefront of visionary concepts, DAMAC has relationships with Paramount Hotels & Resorts, (the official licensee of Paramount Pictures), Italian fashion houses Versace Home and FENDI Casa for branded residential apartments and villas and The Trump Organisation for the development and operations of the Trump International Golf Course, Dubai and The Trump Estates within the AKOYA by DAMAC development.
Mid 2013, DAMAC Properties introduced the ‘AKOYA by DAMAC’ master plan development in Dubai. This includes mansions, villas, luxurious apartments and a retail centre all surrounding ‘The Trump International Golf Club. Within the AKOYA by DAMAC, products include ‘The Trump Estates’, a limited collection of 100 luxurious mansions. Also set within the heart of the community is a global first, with the launch of FENDI fashion-styled villas. AKOYA by DAMAC is also the home of Golf Veduta – serviced hotel apartments and DAMAC serviced Villas by Paramount Hotels and Resorts.
As a global leader in branded real estate, the company is also developing a US$1 billion hotel and luxury serviced residences in the Burj area of Dubai, called ‘DAMAC Towers by Paramount’, which will comprise the first Paramount Hotel & serviced Residences in the region.
Within the hospitality sector, DAMAC’s in-house hospitality team is responsible for managing the Company’s growing portfolio of over 10,000 units of leisure assets in its serviced hotel apartment developments. The division provides complete hospitality management through its own hospitality operating brands ‘DAMAC Maison Hotels and Hotel Apartments and NAIA by DAMAC.
As DAMAC continues to innovate and bring new concepts to the market, the Company is determined to build on its powerful performance to date. With vision and momentum, DAMAC is building the next generation of Middle East luxury living.
In addition to support services provided by the Dubai headquarters, the company’s comprehensive Customer Care Program provides solutions through its network with offices in the UAE, Jordan, Iraq, Lebanon, KSA and Qatar.
Further information is available at www.damacproperties.com or join DAMAC Properties on Facebook, Twitter (@DAMACOfficial) and YouTube.
For more information please contact: Niall McLoughlin, Senior Vice President - Corporate Communications, DAMAC. Tel: +971 4 3732190 │ Fax: 00 9714 3732335 │Email: [email protected]