Two Day Road Show of DAMAC Properties in Delhi and Mumbai
Mansions at AKOYA by DAMAC Overlooking Championship Golf Course and Luxury Serviced Hotel Apartments With Views of the Burj Khalifa are the Key Focus
Jun 27, 2013
Source : The Times of India

 

MUMBAI: DAMAC Properties, the largest private developer of luxury real estate in the Middle East, is beginning a two-day road show in Delhi and Mumbai to showcase the latest luxury living in Dubai.

The company has just announced the launch of the first phase of sales for luxury villas within the ‘AKOYA by DAMAC’, project – a 28 million square feet master development off Umm Suqeim Road in Dubai.

‘AKOYA by DAMAC’ will be the most luxurious golf community in Asia, with premium mansions providing a luxury living experience within a fully integrated community. The first phase of sales was launched this morning with 205 units being made available.

DAMAC Properties will also be showcasing the luxury serviced hotel apartments in the Burj Khalifa area of Dubai, overlooking the world’s tallest tower and within walking distance of Dubai Mall.

“Indian clients have always been a key driver of the Dubai property market and remain one of the biggest investors in luxury living,” said Ziad El Chaar, Managing Director, DAMAC Properties. “Both the mansions within AKOYA by DAMAC and the luxury serviced hotel apartments in the Burj Area of Dubai will prove to be the ideal destination for our elite Indian customers, who are on the lookout for opportunities to experience elegant, modern living.”

At the heart of AKOYA by DAMAC is the ‘Trump International Golf Club, Dubai,’ – an 18-hole PGA Championship Golf Course which DAMAC Properties is developing in collaboration with Trump, the leading global luxury companies in the golf sector and the world’s most recognized brand, developer, owner and manager of world-class properties.

‘AKOYA by DAMAC,’ is the largest in the history of DAMAC Properties, reflecting the recent significant growth of the real estate sector in Dubai.

Real Estate investments in Dubai have shown an impressive start of the year, with a rapid price increase ranges from 6% to 21%, in H1 2013, compared to the same previous period, Al Khaeej newspaper, the leading Arabic newspaper in the UAE, reported today. DAMAC Properties units showcased an average increase of 13%, across different locations in the emirate, the report indicated.

DAMAC Properties will also be showcasing The Signature, the company’s first luxury serviced hotel apartments project, which at 50-storeys high, is an iconic landmark in the Burj Khalifa area. The project has already begun handing over and will begin housing its first guests very shortly.

Representatives from DAMAC Properties will be available on 28 and 29 June 2013 in Mumbai and Delhi. The qualified property consultants will be in the JW Marriott, TAJ Lands End Hotel, the Four Seasons Hotel and the Oberoi Hotel across Mumbai and at The Grand Hotel and Shangri-La Hotel in New Delhi from 10am to 10pm each day.

DAMAC Properties 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 in 2013.

In October 2011, DAMAC Properties launched its hospitality division, DAMAC Maison, which will provide bespoke services to residents in 7,957 serviced hotel apartments, across 8,280,507 sq. ft. by the end of 2016, with 2,810 serviced hotel apartments will be completed this year. This will position the company as one of the largest Hotel Apartment operators and developers in the world. Starts a Two-Day Road Show in Delhi and Mumbai, 28-29 June 2013

Mansions at AKOYA by DAMAC Overlooking Championship Golf Course and Luxury Serviced Hotel Apartments With Views of the Burj Khalifa are the Key Focus

Mumbai, India: 26 June, 2013: DAMAC Properties, the largest private developer of luxury real estate in the Middle East, is beginning a two-day road show in Delhi and Mumbai to showcase the latest luxury living in Dubai.

The company has just announced the launch of the first phase of sales for luxury villas within the ‘AKOYA by DAMAC’, project – a 28 million square feet master development off Umm Suqeim Road in Dubai.

‘AKOYA by DAMAC’ will be the most luxurious golf community in Asia, with premium mansions providing a luxury living experience within a fully integrated community. The first phase of sales was launched this morning with 205 units being made available.

DAMAC Properties will also be showcasing the luxury serviced hotel apartments in the Burj Khalifa area of Dubai, overlooking the world’s tallest tower and within walking distance of Dubai Mall.

“Indian clients have always been a key driver of the Dubai property market and remain one of the biggest investors in luxury living,” said Ziad El Chaar, Managing Director, DAMAC Properties. “Both the mansions within AKOYA by DAMAC and the luxury serviced hotel apartments in the Burj Area of Dubai will prove to be the ideal destination for our elite Indian customers, who are on the lookout for opportunities to experience elegant, modern living.”

At the heart of AKOYA by DAMAC is the ‘Trump International Golf Club, Dubai,’ – an 18-hole PGA Championship Golf Course which DAMAC Properties is developing in collaboration with Trump, the leading global luxury companies in the golf sector and the world’s most recognized brand, developer, owner and manager of world-class properties.

‘AKOYA by DAMAC,’ is the largest in the history of DAMAC Properties, reflecting the recent significant growth of the real estate sector in Dubai.

Real Estate investments in Dubai have shown an impressive start of the year, with a rapid price increase ranges from 6% to 21%, in H1 2013, compared to the same previous period, Al Khaeej newspaper, the leading Arabic newspaper in the UAE, reported today. DAMAC Properties units showcased an average increase of 13%, across different locations in the emirate, the report indicated.

DAMAC Properties will also be showcasing The Signature, the company’s first luxury serviced hotel apartments project, which at 50-storeys high, is an iconic landmark in the Burj Khalifa area. The project has already begun handing over and will begin housing its first guests very shortly.

Representatives from DAMAC Properties will be available on 28 and 29 June 2013 in Mumbai and Delhi. The qualified property consultants will be in the JW Marriott, TAJ Lands End Hotel, the Four Seasons Hotel and the Oberoi Hotel across Mumbai and at The Grand Hotel and Shangri-La Hotel in New Delhi from 10am to 10pm each day.

DAMAC Properties 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 in 2013.

In October 2011, DAMAC Properties launched its hospitality division, DAMAC Maison, which will provide bespoke services to residents in 7,957 serviced hotel apartments, across 8,280,507 sq. ft. by the end of 2016, with 2,810 serviced hotel apartments will be completed this year. This will position the company as one of the largest Hotel Apartment operators and developers in the world.

Latest Realty News

Easier ECB norms to create more affordable housing: Crisil
Jun 27, 2013
MUMBAI: The easing of fund-raising norms through the external commercial borrowing (ECB) route will lead to developers focusing on low-cost housing projects, says rating agency Crisil.
Exit low building clusters, enter skyscrapers at Girgaum and Parel
Jun 26, 2013
MUMBAI: The skyline is set for a drastic change with the high-power committee for cluster redevelopment giving the go-ahead to two projects at Girgaum and Parel each. All low-rises here would be mowed down to make way for skyscrapers.
‘Housing Regulator Bill ignores ground realities’
Jun 26, 2013
MUMBAI: Even though the Real Estate (Regulation and Development) Bill is expected to bring in transparency, it also brings with it challenges like timely project clearance which need to be addressed first, consultancy firm Jone Lang LaSalle has said.
PMC will start collecting 2 per cent fine on property tax dues
Jun 26, 2013
PUNE: The Pune Municipal Corporation (PMC) will start collecting 2 per cent fine on property tax dues from July 1.
Housing Regulator Bill ignores ground realities: Jone Lang LaSalle
Jun 26, 2013
MUMBAI: Even though the Real Estate (Regulation and Development) Bill is expected to bring in transparency, it also brings with it challenges like timely project clearance which need to be addressed first, consultancy firm Jone Land LaSalle has said.
CII: Emerging investment hotspots
Jun 25, 2013
DELHI: India has its own unique and integral complexities and business is not an exception to it. Corporations strive for increased efficiency and productivity amidst these complexities. Real estate is an integral ingredient in the formation and growth of all businesses and steadily maturing into a big business itself.
Buying a property just got a bit more cumbersome
Jun 25, 2013
MUMBAI: A common saying goes, to know "stress", organize a person's marriage or endeavor to build a house. Consider the various factors which affect the decision on the purchase or building of a house, they range from vastu, legal documentation, anticipated appreciation in value and maybe even the whims and fancies of the relatives. Clearly, factors which may cost a common man, seeking to obtain a roof over his head, many a nights sleep. Well, thanks to the Finance Act, 2013, the stress has been
Thane, Navi Mumbai among realty hotspots: Report
Jun 25, 2013
MUMBAI: Thane and Navi Mumbai have been listed as “emerging investment hotspots” among eight locations across seven top Indian cities, according to a report released on June 21 by the Confederation of Indian Industry and Jones Lang LaSalle India.
Premium for open space deficit hits redevelopment projects in Mumbai
Jun 25, 2013
MUMBAI: Redevelopment of housing societies across the city could slow down after the civic administration recently decided to charge a 100% premium to developers who want norms for compulsory open spaces around their buildings relaxed. These concessions are generally sought in case of smaller plots where developers are hard-pressed to leave sufficient open spaces around the built-up area.
Unrestrained speculative buying can kill the market
Jun 25, 2013
MUMBAI: With the Mumbai real estate re-sale market touching hitherto unseen heights, questions about how sustainable the real estate bubble is are being raised more so now than ever.

Latest Realty News Of State

Realty Talk's