Happy Eid-il-Fitr to all our Muslim clients in Nigeria who has 2 whole days to celebrate the end of the Ramadan fasting season and what better way to celebrate than to introduce you to a Land of luxury, Countries of Splendor and Cities of exquisite Style. Welcome Damac Properties.
They employs more than 10,000 staff across over twenty countries. The company has over 12,000 customers representing more than 120 nationalities. It has projects in several cities including Dubai, Abu Dhabi, Doha, Jeddah, Riyadh, Amman, Beirut and Baghdad etc.
The developers are the name behind some of the most iconic residential and commercial developments in the region and has completed 8,890 units to date spanning 9,070,264 sq. ft. it also has a further 19,136 units at various stages of progress across the Middle East region covering 23,816,070 sq. ft. out of which 5,193 units will be completed by year end 2013.
For Style and Finess DAMAC Properties only work in collaboration with the best realtor’s, designers in the world, varying from Paramount Pictures, Versace, Fendi and Trump organisation on projects throughout the region.
So perhaps you are one not for the likes of Europe and its V.A.T palaver or detest the new ‘must have £3,000.00′ to show before you enter our Country new UK immigration law to be put in place, or you have heard of the new immigration campaign bus ‘go home’ going around town!.
Dubai, Riyadh, Abu Dhabi has never sound better.
According to the latest report from Knight Frank, an independent global residential and commercial property consultancy, rents in Dubai had increased by 18.3% in the year to March 2013. The Knight Frank Prime Global Rental Index stated that rents in prime areas in developing cities are driving the market, with traditional powerhouses such as Hong Kong, London and New York falling well behind.
A truly designer city, Dubai boasts of a lifestyle that is unique and desirable. Located at the crossroads of the major international capital markets of New York, London and Hong Kong, Dubai is the Hub connecting the region with a 24 hours/7 days a week global financial network, undoubtedly an ultimate destination for intelligent property investors.
Home to some of the most breathtaking buildings and landmark developments Dubai offers its residents and guests world class selection in shopping, malls, entertainment and leisure, health and education.
Dubai is also home to the world’s first 7 star hotel, the largest man-made island, the largest gold bazaar and the world’s richest horse race amongst other larger than life titles!
So whether for investment, residential purposes, DAMAC properties offer Fully managed, high yielding, hotel apartment property, luxury waterfront, golf resort apartments at the heart of the growing global business and tourism hub of Dubai to Riyadh.
Some even have
- 5 year post-completion payment plan
- 10%+ rental yields
- Strong investment appreciation etc
To Nigerians getting onto the property ladder as a Cash Buyer has never been lucrative than now!, the fact is you really don’t have to start on a big budget, with the various investment packages available in today’s Middle East property market, as little as £60,000 can get you a waterfront luxury apartment or hotel apartment and much more. Many of these are also managed by the developers, minimising the headache of being a landlord!. With a secure guaranteed yield of between 5-10% return on investment for the first 5 years and a spread payment plan, you are truly looking at a pot of gold.
Perhaps you are thinking of having a trust fund for your kids for future or just financial diversification or just building up your property portfolio. Investing in one of DAMAC properties is always a ‘gold bet’!.
Over the next couple of weeks we will be recommending some developments for your consideration, these are low investment – high yield properties covering all types of properties. The choice is yours.