MOSCOW--(BUSINESS WIRE)--DAMAC Properties, the Middle East’s largest luxury private developer, is heading on a road show across Russia to present the latest luxury living concepts in Dubai.
“Russians are among the top five demographic of investors in the Dubai property market,” said Ziad El Chaar, Managing Director, DAMAC Properties. “We see many Russian families enjoying the great weather, shopping and relaxed lifestyle on offer in Dubai. Many are looking to own their own place, and luxury serviced apartments provide a home away from home where the whole family can experience homely comforts and top class service.”
DAMAC Properties has recently announced it will have more than 4,000 luxury serviced apartments either completed or under construction by the end of this year; many within the sought after Burj Area of Dubai overlooking the world’s tallest tower and world’s largest mall.
In addition, the US$1 billion luxury hotel and serviced residences ‘DAMAC Towers by Paramount’ has recently launched, with more than 200 units snapped up in just a few hours at the launch event, making it one of the most sought-after projects in the region.
Developed by DAMAC Properties in partnership with Paramount Hotel & Resorts (PHR-FZ-LLC), the project offers an ambience and reflection of the Hollywood glamour and California cool lifestyle, synonymous with Paramount Pictures over the past 101 years.
The company is also working closely with leading Italian fashion brands VERSACE and FENDI to deliver high-end, desirable interior designs and fit-outs on the most exclusive units.
DAMAC Properties will be presenting the projects: DAMAC Towers by Paramount in the Burj Khalifa area of Dubai and DAMAC Residenze, a stunning tower in Dubai Marina overlooking the Palm Jumeriah with interiors by the Italian fashion house, FENDI, during a road show in Moscow on 15th, 16th & 17th April 2013, and Tyumen on the 18th and 19th April 2013, with exclusive prices and offers, only available during the events.
DAMAC Properties has launched its own dedicated management company, DAMAC Maison to cater to the every need of its residents in the luxury serviced Hotel residences. Each will feature fully-fitted kitchens and services that also include valet parking, concierge, housekeeping, in-room beauty treatments and 24-hour kids club. In addition owners can elect to add their residence in the ‘rental pool’ whilst they are away, allowing for rental returns to be generated.
DAMAC Properties has completed 37 buildings to date with 7,817 units and spanning 13,945,299.00 sq feet. DAMAC Properties also has a further 66 buildings at various stages of progress across the Middle East and North Africa region. These consist of 12,100 units.
Further information is available at www.damacproperties.com
