DAMAC Properties invites investors for Dubai golf development

By Bizclik Editor

DAMAC Properties is inviting investors to purhcase land plots in its AKOYA Imagine golf development in Dubai.

Plots will be released with a starting price of AED 570,000, and a payment plan extended over two years. The offer includes a construction permit and numerous benefits such as the freedom to re-sell after paying only 20 percent of the purchase price, ability to commence with construction after paying only 50 percent, in addition to extended time to build, for up to eight years.

Ziad El Chaar, Managing Director, DAMAC Properties, said: "Investments in golf communities typically enjoy higher returns as supply in golf communities remains very limited. The golf course element elevates such communities, which are associated with luxury, providing a premium lifestyle where the community is healthier, due to the open, green spaces and fresh air, whilst still being in close proximity to the city."  

DAMAC Properties delivers luxury developments in the Middle East, with projects in the UAE, Qatar, Saudi Arabia, Jordan and Lebanon. It currently has a development portfolio of over 44,000 units at various stages of planning and progress, comprising more than 13,000 hotel rooms, serviced apartments and hotel villas, which will be managed by its hospitality arm, DAMAC Hotels & Resorts. 

Follow @BusinessRevME

Read the July 2016 issue of Business Review Middle East magazine


Featured Articles

Middle East GDP hike of 57% if more women join workforce

By tapping into the potential of next-generation female workers, the MENA region could unlock new economic opportunities, up to US$2 trillion, reports PwC

Dialight supplies LED solutions for industrial safety

Reliance on inefficient lighting technologies are not only harmful to the environment, but also increase injury risk and cost

Top 10: Tech, AI, cloud, cyber speakers at TECH LIVE LONDON

TECH LIVE LONDON events sees technology leaders from IBM, Oracle, Vodafone, JP Morgan, Accenture and the US Space Force among the inspirational speakers

Cyber LIVE adds Vodafone head of cyber Kawalec to line-up

Leadership & Strategy

Musk’s multibillion hostile Twitter takeover – the timeline

Leadership & Strategy

Sustainable moves businesses can make to win customers, IBM