DAMAC Properties launches over 100,000 square feet of retail space

The retail spaces, strategically located in some of the most iconic developments in Dubai, are set to house a plethora of retail shops and fashion outlets, as well as a variety of stylish restaurants and cafes.

"Riding on the success of the launch of our Marina Terrace retail space, we have decided to launch retail spaces on three of our magnificent real estate developments located in Jumeirah Lake Towers and the prestigious Dubai International Financial Centre. We are confident that our trademark DAMAC Location and Design (DLD) advantage will give our future retailers the opportunity to be present in some of the most sought after master planned developments in Dubai", said Peter Riddoch, CEO at DAMAC Properties.

Riddoch added: "Due to the unique design and prime location of these developments, prospective clients will be guaranteed to generate substantial footfall to our newly introduced DAMAC retail outlets"

Jumeirah Lake Towers is located opposite the Dubai Marina, in close proximity to Dubai's exclusive golf courses, prestigious hotels and resorts, as well as the Mall of the Emirates and Dubai Land. The prestigious Dubai International Financial Centre (DIFC) is located on Sheikh Zayed Road, next to the renowned Emirates Towers.

DAMAC Properties was the first to introduce residential projects on every master planned development introduced by the Dubai Government, including the Palm Islands in Jumeirah and Jebel Ali, Dubai Marina, Dubai International Financial Centre (DIFC), Jumeirah Lake Towers, Discovery Gardens, and the International Media Production Zone.

The total value of DAMAC Properties is over AED 6 Billion. It is a subsidiary of DAMAC Holding, an accredited ISO 9002 company that has grown into a global conglomerate with more than 5000 employees in 16 countries. Being the first private developer to make a commitment to Dubai's real estate market, DAMAC Properties has become a market leader with a strong sales record to its credit.