Real Estate

Dubai, United Arab Emirates-- 21 November 2016: DAMAC Properties, among the leading luxury realty developers Middle East region, is taking part as the
Golden Partner in Haiwaiyoujia Super Festival in China. During the World Real Estate Event Excursion happening from the 18 th to 27 th of November throughout Beijing, Tianjin, Suzhou and also Shanghai, DAMAC Properties aims to showcase a collection of actual estate investment opportunities available in Dubai to a wide range of Chinese and international target market.

At the residential property exposition, the business is showcasing a number of jobs consisting of Paramount Tower Hotel & Residences, Trump PRVT, DAMAC Towers by Paramount Hotels & Resorts and DAMAC Residenze, amongst others. On November 26 and on the sidelines of the occasion, 5i5j will arrange a special workshop for DAMAC Qualities in Beijing to highlight the programmer's offerings in Dubai to potential Chinese investors.

Ziad El Chaar, Managing Director, DAMAC Qualities said: "The UAE is an important regional partner of China on the Belt and also Roadway Initiative and also the strategy was better supplemented with the execution of the UAE's new visa cost-free entrance for Chinese nationals. This critical relocation was key to attesting our relationship with China, and also is key to enhancing the property market in Dubai. The Chinese represent the source of substantial financial investment potential in the Dubai property market with AED 1 billion in residential or commercial property financial investments in the very first quarter of 2016. Via our existing partnership with 5i5j, the third-largest residential or commercial property broker in China

Our team believe that we're efficiently business environment buildings to the Chinese." With the goal to advertise Dubai and also highlight the solid business atmosphere Dubai offers to international investors, DAMAC Properties continually arranges exhibits and also roadshows, establishes unique pavilions in preferred shopping malls, and also carries out sales trips in key global markets. DAMAC Characteristics carried out near 500 activations-- in over 100 cities internationally, throughout 3 continents - in 2015, and virtually 350 in 2016 so far.

DAMAC Features is playing a leading role with taking Dubai luxury realty to the world. The firm has actually been at the center of Dubai's global promotion initiatives by conducting thousands of promotional activities in key markets worldwide with special focus on the GCC, Middle East, Asia, Europe and also Africa. As part of this method to bring the developers portfolio of jobs to capitalists in international markets, in 2015 DAMAC created an arrangement with 5i5j, to promote and also offer its Dubai-based luxury living concepts.

" Our activations highlight Dubai as a risk-free and also protected city, a trade hub, a major traveler as well as financial investment destination renowned for its world-class infrastructure, ease of doing business as well as efficient as well as reputable guidelines in which to operate," El Chaar added.

This information follows DAMAC's recent announcement that it has actually granted China State Construction Engineering Company (Middle East) LLC (' China Construction') a AED 554 million agreement to build the Paramount Residences at the Paramount Tower Hotel and Residences in Dubai. The global construction titan has been granted the primary work agreement for 27 floorings that comprise a collection of luxury residences.

Paramount Tower Hotel & & Residences is an 867-key luxury hotel as well as resort residences. tower on Sheikh Zayed Roadway. The 64-storey project will certainly offer a skies lobby with views throughout the Burj location, a private Paramount Photo screening space, a roof infinity swimming pool with a balcony and also a health and fitness and also health centre with a state-of- the-art health facility. The project is arranged for completion in Q1 2020.

Trump PRVT is an unique collection of spectacular mansions and rental properties that exhibit an enthusiasm for meticulous craftsmanship, thoughtful layout and also remarkable coatings Purveyors of luxury way of lives have a choice of four, five and also six room houses Whatever the taste is, Trump PRVT citizens are absolutely part of an elite activity.

DAMAC Towers by Paramount Hotels & Resorts is a resort and domestic complex located in the heart of the elegant Burj area, Dubai. This four-tower development comprising circa 1,200 luxury serviced suites in 3 towers, will provide luxurious living with a Hollywood flavour. A fourth tower will certainly house the world's very first Paramount
Hotel and also Paramount Residences. Each of the four towers stretches over 250 metres in height, joined by a multi-level plaza.

Rising with the last location of platinum property in Dubai Marina, one of one of the most preferable locations in the city, DAMAC Residenze with interiors by Fendi Casa supplies spectacular views of the Hand Jumeirah as well as the surrounding area. Occupying degrees 43 to 84 of the award-winning 86-storey tower, each of the luxury homes at DAMAC Residenze is fitted out with the most recent home furnishings from the Fendi Casa collection to give one of the most trendy living experience.

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