DAMAC, the largest private real estate developer in Dubai, unveiled its elite suite of luxury properties for the very first time to potential customers.
The roadshow was held on 5 and 6 October at Hotel ‘Enrise by Sayaji’, WHC Road, Bajaj Nagar, Nagpur, India.
It was a golden opportunity for those who wanted to tap into the booming real estate market in Dubai.
Nagpur-based investors were able to get first-hand information about available investment opportunities in one of the world’s most vibrant cities.
With a down payment as low as 20%, investors were able to lock down their properties in Dubai.
This brings premium real estate in Dubai within easier access to the high-value investment being sought by Indian investors keen to invest in the emirate.
Investing in DAMAC properties entails other luxuries, such as the possibility of winning a UAE Residency Visa or a Golden Visa, according to the size of the investment.
They allow investors and their loved ones to work and stay in the UAE with long residence terms for one of the best countries – business-friendly and high-life quality cities.
One of the major driving signatures of DAMAC is its long-term interest-free payment scheme, which seems an easy sell for investors to buy straight from the developer, quite appealing to those who like spreading out their investment money over a period of time and securing that prime property in Dubai.
Returns of 7.5% are also envisioned from the investor side, which is made possible by DAMAC properties, combined with an annual capital appreciation of 10%.
These figures clearly depict a steady income and long-term growth in value-which makes Dubai an attractive location for property investment.
Owning 100% of freehold properties at DAMAC provides an added advantage. Purchasers can own the place wholly, and this is a prime consideration for most international investors, who look for sound investments without denying them full control.
