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24 April 2024

Damac on 30-day mission to sell Dubai real estate

The Damac Bugatti villa. (supplied)

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By Staff

Dubai-based Damac Properties is heading on a month-long global roadshow to promote Dubai and highlight the strong business environment for overseas investment.
 
Taking place on three continents, the campaign will highlight Dubai as a safe and secure city, with substantial infrastructure investment, ease of doing business and efficient and reliable regulations in which to operate.
 
The company will be in India, UK and Kenya attending various events and exhibitions across the course of the month.
 
“Dubai remains one of the most attractive investment cities in the world,” said company Senior Vice President Niall McLoughlin.
 
“With a safe & secure environment, appealing business terms, stunning weather and of course, some of the most beautiful homes anywhere, Dubai is well placed to attract overseas investment.”
 
The developer will be at the Property Investor & Home Buyer Expo in London, UK, on October 9 and 10; at the Times Property Show in Delhi, India from October 10 and 11 and the Kenya Homes Expo in Nairobi from October 15 to 18.
 
Dubai is currently seeing a huge increase in tourism, with a nine per cent growth in visitor’s year on year, with the emirate welcoming more than seven million visitors in the first six months of 2015. Dubai International Airport is already the busiest international airport in the world, serving more than 70 million travellers last year. Dubai is set to welcome 25 million tourists by 2020 as it hosts the World Expo.
 
As of June 30, 2015, Damac has delivered 14,375 homes and has a development portfolio of over 37,000 units at various stages of progress and planning.