DAMAC Properties Launches 'Summer is Dubai' Special on Package of Units

Mon, 2014-06-02 04:00

Investors can Benefit from Promotional Prices throughout the Festival when Purchasing Units in Multiple Premium Master Developments across the Emirate; Starting Prices of AED 1.4 Million for Two Units in Two Locations

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 6thSeptember 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 a 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.