Damac to Offer Cars With Property Purchases

Monday, 26th December 2016

UAE-based property developer Damac Properties will offer a free luxury car to buyers of selected apartments during the Dubai Shopping Festival, reported Arabian Business on Monday.

Damac’s offer applies to apartments purchases priced at at least AED 599,000 at specific Damac schemes across Dubai during the festival currently taking place until end of January. Damac applies the offer on the following properties: its apartments at Dubai Canal, its Dubai Marina residences and some other hotel apartments and residences.

The upscale market in Dubai is still stagnating with predictions expecting the standstill to continue through 2017, putting pressure on luxury developers like Damac.

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