ICIL established since 1998, is premier risk consulting company having interest in information technology and business consulting; now proudly introducing Dubai’s leading real estate developer Damac to valuable and prestigious residents of Pakistan.
Dubai politically stable state, attracting regional investment, while 12 million tourists visiting annually. It’s being anticipated that Dubai shall be having 25 million tourists by 2020 results to huge demand of hotel apartments and commercial places. In the aftermath of 2008 real estate fallout government has taken several initiatives to regulate the real estate vis e vis ensure meaningful protection to investors.
Damac, London stock exchange listed company, is a largest real estate developer in United Arab Emirates offering maximum return on investment, both in terms of capital appreciation and rental income for residential or commercial projects. As we are aware of the fact that UAE observed real estate downturn in 2008, Damac properties not only consolidated its position during the period but also delivered its promises. The success of this strategy is demonstrated by the company’s track record having delivered 9,318 units, as of 31st December 2013.
Since its establishment Damac is high-end and luxury real estate developers. Maintaining its reputation for delivering the highest quality residential, leisure and commercial properties and has won over 50 national and international awards for its design and structures.
Damac has also recognized them as multinational organization having functions in Saudi Arabia, Egypt, Lebanon, and Qatar.
ICIL is international preferred broker for Damac in Pakistan maintaining 16 offices across Pakistan.
For more information, please contact:
Moazzam Khan
0300-8446790
0334-3774253
Damac will be priced out by the market in Pakistan thanks to the cheaper and more cost effective options offered by DHA, Bahria, Eden, Multi etc. We have seen Emaar; it could not go too far beyond one major project.
DAMAC is not starting any project in Pakistan, we are only selling there property in Pakistan. Property is in DUBAI.
Dubai prices are coming down. There is too much stock coming on to the market and prices are falling in mid range villas and stable in other categories. Year on year you can see transactions falling of a cliff. What happens after that is a fall in prices. A correction was due. Long term wise Dubai is probably going to be ok.
Can you please provide us some more information about this project along with the future scope in terms of Investments for both Short and long run.