Dubai developer offers BMWs with apartment purchases

Nikki Diane De Guzman27 Dec 2016

Dubai property developer Damac Properties has bundled a luxury car with apartment sales worth over AED599,000 (S$236,290), media reports revealed.

Damac revealed that buyers can have the chance to drive away a BMW or another luxury car, whenever they buy a property in one of its luxury developments across Dubai.

“From luxury apartments overlooking Dubai Canal to branded residences in Dubai Marina, this offer allows property buyers not only to live the luxury, but to drive it too,” said Damac Properties senior vice president Niall McLoughlin.

He noted that average returns for Dubai real estate stands at seven to nine percent, up two to three percent compared to its matured international counterparts such as Paris, New York or London.

“In prime areas, even a 10-12 percent return isn’t uncommon,” he added.

“With the city’s development still on the rise, there’s no better time than now to invest in property that will show high appreciation in the years to come.”

Available until 28 January, the promo was launched as part of the Dubai Shopping Festival, said Damac in a statement.

 

Nikki De Guzman, Editor at CommercialGuru, edited this story. To contact her about this or other stories email nikki@propertyguru.com.sg.

POST COMMENT

You may also like these articles

Aussie housing market shows signs of cooling

The house price rise in Melbourne is slowing down. Australia’s runaway property market showed its first signs of cooling, with the Sydney house price index rising by 3.2 percent in the first nine

Continue Reading21 Dec 2016

China to implement variety of measures to cool property market

China will look to deflate the property bubbles and regulate its rental housing market.   China will take a varied approach to regulating its overheated property market, with measures rang

Continue Reading23 Dec 2016

Keppel Land, Metland to jointly develop landed homes in Indonesia

The joint development will yield about 450 landed homes on a 12ha site in Tangerang, a satellite city located adjacent to West Jakarta.   Keppel Land has partnered with PT Metropolitan Land

Continue Reading23 Dec 2016