Dubai’s booming real estate market

This Ramadan, DAMAC Properties is making it easier for investors to own luxury real estate in Dubai with ‘Layaly DAMAC’, a month-long showcase featuring special offers on some of the city’s most sought-after properties.

Dubai’s real estate market is thriving, with property values increasing by 20% year over year. With demand at an all-time high, now is the perfect time to invest in ultra-luxury and high-end residences.

Exclusive payment plans for super-luxury apartments

For those interested in super-luxury apartments in developments like Cavalli Tower, DAMAC Bay, Safa One & Two, Couture by Cavalli, and Volta, DAMAC is offering two payment options. Investors can either take advantage of a 4% DLD waiver on a 50:50 payment plan with just 10% down or opt for a 60:40 post-completion payment plan with zero interest, facilitated by PRYPCO.

Luxury residences in Canal Heights, Golf Greens, and Lagoon Views also come with attractive discounts. Buyers who make on-the-spot bookings can get a 5% discount with a 50:50 payment plan, while those who pay 50% upfront can secure a 10% discount. These properties also include a 4% DLD waiver with a 10% down payment or a 2-year post-completion, interest-free 60:40 plan.

Extra perks for high-value investments

To add even more value, DAMAC is offering a special bonus for investors purchasing properties worth AED 2.5 million or more. They will enjoy a luxurious three-night stay at the Paramount Hotel, complete with spa treatments, or receive a gold voucher worth AED 12,000.

These offers are only available for a limited time. Investors can visit the Layaly DAMAC property show at DAMAC Hills or stop by DAMAC’s customer sales centres throughout Ramadan to learn more.

Terms and Conditions:

• In the 60:40 payment plan for super-luxury apartments, 60% must be paid during construction, with a 24% down payment (including 4% DLD fees).
• For on-the-spot bookings, the full down payment must be made within 7 days.
• The 5% and 10% discounts on luxury residences apply for a limited time and to select projects.
• All offers are subject to change at DAMAC’s discretion.