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AED1.6-Billion The Buildings by Daman at the Dubai International Financial Centre officially opens for sale |
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5/10/2006 10:34:11 AM |
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 A prestigious luxury development in the heart of the new Dubai Commercial Business District, the project is an example of the philosophy behind the group - careful planning, long term thinking, and highly innovative financial offerings.
Real estate and property services leader ASTECO has been appointed as exclusive Sales and Co-ordinating Agents for this property. AMLAK is the mortgage lender, offering exceptional terms.
Announcing the beginning of sale of this prominent project at a press conference in Dubai today, Shehab Gargash, Managing Director of Daman, said: 'We are happy to be able to announce the public opening of sales today and extremely pleased that ASTECO will be our official sales and leasing agents and AMLAK will be the mortgage providers. Following our earlier announcements, we are pleased to be able to report that the project is on schedule and due to deliver the project by late 2008.
'There is no doubt that our choice of the location in DIFC adds significant value to the project. Apart from the unique benefits that the DIFC offers all investors as a free zone and the established presence of the DIFX within the DIFC, this prime location in the heart of Dubai's Sheikh Zayed Road Central Business District is a powerful benefit in itself 'Mr. Gargash added.
Elaine Jones, CEO, ASTECO Property Management LLC, said: 'We are sure this well designed, luxurious project located in such a prime location will generate substantial interest from the buying public. We have already received a high level of interest in the project from various buyers for both commercial and residential purchases.'
Regarding the 10% down, 90% on home finance facility extended to both national citizens and UAE residents, Mr. Mohammed Ali Al Hashemi, Managing Director and CEO of AMLAK commented: 'We are very pleased to be associated with this excellent group and prestigious project located in the heart of Dubai's Central Business District at DIFC. We are confident that it will be a success and a bright new addition to the Dubai skyline.'
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