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DUBAI REAL ESTATE 

About DAMAC

DAMAC Properties was established in 2002, as a private residential, leisure and commercial developer in Dubai and the Middle East. Since then, the Company has expanded rapidly into North Africa, Jordan, Lebanon, Qatar, Saudi Arabia and London.

Mission statement

DAMAC Properties, as a leading luxury real estate developer, strives to provide dream homes and unique living concepts to customers from all over the world.

What we stand for

At the heart of DAMAC Properties’ culture lies the desire to deliver a luxury vision for customers. From the selection of its development partners such as architects, designers and contractors, to the handover of keys, the Company endeavours to keep its promise to make sure every detail is flawless.

To ensure developments are delivered to the highest possible standards, DAMAC Properties provides the right working environment for talented employees, selects only the finest partners, develops projects in prime locations, and uses the most sophisticated building materials.

Only by operating this way can the Company guarantee a track record of delivery for customers to help realise its goal of being the leading luxury developer in the Middle East.

 

History

 

DAMAC Properties was established in 2002 as a luxury real estate developer providing unrivalled living experiences in Dubai, UAE. The Company has grown to become one of the foremost luxury developers with projects spanning the GCC, the wider Middle East and the United Kingdom.

DAMAC Properties now develops multi-million square-foot golf course communities, high-end and high-rise private apartment towers, ‘limited edition’ living experiences with global brands such as Versace, FENDI and Bugatti, as well as operating and managing serviced hotel apartments and fully-fledged five star hotels in collaboration with Paramount Hotels & Resorts.

Dubai is one of the most important business and tourism hubs in the world. Over the last few years, it has become an influential center for business and now 80% of the world’s ten largest companies have offices in the city, with nearly 400 out of the Fortune 500 companies represented here.

Property in Dubai is one of the strongest real estate markets, having seen growth of over 25% in 2013. This growth has continued into 2014 and makes Dubai properties a very attractive investment. Dubai’s real estate sector has matured rapidly and is driven by demand and quality. Dubai’s excellent tax set-up has made it a very popular destination for investors interested in Dubai property for sale, resulting in one of the best rental markets across the globe.

Why Dubai Property?

    Provides 10% rental yields – among highest in MENA region.
    Rents paid upfront in 1 – 4 cheques for immediate benefit.
    High capital appreciation – in excess of 25% in Dubai Marina (2013).
    0% income tax.
    0% capital gains tax.
    0% corporate tax.

We are registered real estate agent at DAMAC Properties(Dubai)

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