Article image: Overview of the DAMAC Properties Construction Company

Interesting facts:

Since 2004, the UAE has been governed by Sheikh Khalifa – the older son of the state’s founder Zayed Bin Sultan Al Nahyan Full version

The DAMAC Properties real estate developer is well known both in the UAE and beyond for its exlusive hotels and premium class private luxury apartments.

The company has already put into service more than 15,5 thousand real estate properties, among which there are the twin-tower complex “Park Towers” with its impressive curved glass facade, one of the highest “Ocean Heights” apartment buildings and the “Marina Terrace” upscale residential complex.

About the Company

DAMAC Properties is one of the most influential construction companies in the Middle East. It has been 13 years since the company started active construction of various real estate properties in the UAE, Jordan, the UK, Saudi Arabia, Qatar, Egypt and Lebanon.

The company specializes in developing VIP building projects: hotel apartments, elite residential complexes and luxury villas in prime locations. A distinctive feature of the developer is the building of property designed in close liaison with various popular brands. For instance, the “Paramount Hotels” luxury hotel apartments complex was built in collaboration with Fendi, Versace, Trump Organization and etc.

DAMAC Properties, thanks to the cooperation with reliable partners and the use of modern technologies, always puts its facilities into service on schedule, and great architectural solutions turn Dubai into a dream city.

The total corporate income of the DAMAC Properties in 2015 amounted to $2.3 billion, wherein net profit constituted more than half of this amount. In 2016, the company president Hussain Sajwani has entered the ranking of the world's richest people.

DAMAC Properties: Terms and Conditions for Purchasing Real Estate

Real estate properties of this developer attract buyers from all over the world by their convenient locations and innovative design and construction solutions.

One can purchase real estate of the DAMAC Properties company either at the stage of construction or choose the finished one. Terms of purchase are quite flexible: even the finished properties are available under 0% interest free installment plans from six to twelve months.

Moreover, real estate of the DAMAC Properties company can be considered as a profitable investment. The advantages of the construction company for investment are as follows:

  • High income rates;
  • A leading position of the DAMAC Properties on the VIP real estate market;
  • Advantageous location of the real estate properties;
  • Innovative equipment and progressive design;
  • A wide range of properties: studio apartments, apartments, villas, etc.
  • 24 hours guarding of the real estate properties;
  • A high level of service.

The company continues to develop actively. The company's instant future plans involve the construction of about 40 thousand new properties.

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