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DAMAC takes Dubai luxury realty to world
Published in The Saudi Gazette on 06 - 10 - 2015

LUXURY real estate developer DAMAC Properties is heading on a month-long global roadshow, to promote Dubai and highlight the strong business environment for overseas investment.
Taking place on three continents, the campaign will highlight Dubai as a safe & secure city, with substantial infrastructure investment, ease of doing business and efficient and reliable regulations in which to operate. The company will be in India, UK and Kenya attending various events and exhibitions across the course of the month.
“Dubai remains one of the most attractive investment cities in the world,” said Niall McLoughlin, Senior Vice President, DAMAC Properties. “With a safe & secure environment, appealing business terms, stunning weather and of course, some of the most beautiful homes anywhere, Dubai is well placed to attract overseas investment.”
“We have been very pleased with recent interest in Dubai real estate from many parts of the world and this roadshow of events further highlights our desire to tell the Dubai story and welcome investors from all over,” he added.
DAMAC Properties will be at the Property Investor & Home Buyer Expo in London, UK on 9/10 October, at the Times Property Show in Delhi, India on Oct. 10-11 and the Kenya Homes Expo in Nairobi on Oct. 15-18.
Dubai is currently seeing a huge increase in tourism, with a nine per cent growth in visitor's year on year, with the emirate welcoming more than seven million visitors in the first six months of 2015. Dubai International Airport is already the busiest international airport in the world, serving more than 70 million travelers last year. Dubai is set to welcome 25 million tourists by 2020 as it hosts the World Expo.
DAMAC Properties is at the forefront of the luxury real estate industry in Dubai, with more than 13 years' experience in delivering high quality luxury living throughout the emirate. The company has a number of limited edition homes in collaboration with global brands including Versace, FENDI, Paramount Hotels & Resorts, The Trump Organization and Bugatti. It is also developing two championship-standard golf courses, one of which has been conceptualized by Tiger Woods Design.
As of June 30, 2015, DAMAC Properties has delivered 14,375 homes and has a development portfolio of over 37,000 units at various stages of progress and planning. — SG


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