Damac promotes for Dubai in 72 countries

Dubai-Mubasher: Dubai-listed real estate developer Damac Properties conducted 237 promotional activities during the first nine months of 2015 to promote for Dubai.

The company has organised roadshows, exhibitions and sale events in 72 cities around the world; with key focus on the GCC, Middle East, Asia, Europe and Africa.

The 55 million square feett AKOYA Oxygen, in addition other branded developments such as the FENDI apartments in DAMAC Heights are also proving popular.

“Dubai is one of the most desirable cities in the world, but many people are still learning of the intrinsic investment opportunities in this amazing city,” said Niall McLoughlin, Senior Vice President DAMAC Properties.

“These events promote Dubai as a trade and tourism hub, as a major tourist and investment destination,” he said, adding that “with around 14 million visitors set to arrive in Dubai this year alone, Dubai is well set to become one of the most desirable cities anywhere.”

Total foreign investment in Dubai real estate reached AED 63 billion from more than 140 nationalities during the first nine months of 2015, including AED 46 billion from international investors, AED 9 billion from the Middle East, and AED 8 billion from other GCC countries, according to data from the Dubai Land Department.

The company has delivered as of 30 September 2015 over 14,375 homes and has a development portfolio of over 37,000 units at various stages of progress and planning.

 

Mubasher Contribution Time: 07-Dec-2015 08:56 (GMT)