Speaking at the launch at Cityscape, Peter Riddoch, CEO, Damac Properties Dubai, said: 'We are offering this incentive to our customers as we forecast positive growth trends in the coming years where the market will still be bullish and we are aiming to supply for the growing demand'.
As an added incentive, customers buying an 'Executive Suite' during Cityscape between 10:00 am and 12:00 noon will get a Damac Properties voucher of Dhs100,000 against its purchase.
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Damac guarantees 40% rental return
- United Arab Emirates: Monday, October 06 - 2008 at 12:50
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Damac is guaranteeing a 40% rental return over three years to buyers who invest in the new 'Executive Suites' tower in Dubai's Business Bay. The guarantee works out as 8% a year over three years. Alternatively, buyers can get a 10% price discount.
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Jeff Florian, Senior ReporterMonday, October 06 - 2008 at 12:50 UAE local time (GMT+4)
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