Dubai's luxury real estate market continues to break records, and DAMAC Properties has just raised the bar again. In a stunning display of demand, all four towers of the Chelsea Residences by DAMAC were completely sold out in just 1.5 hours, generating over AED 2 billion in sales. This rapid sell-out is a clear sign that investor appetite for premium branded developments...
Most international investors focus on the price of the property, but overlook the silent killer of ROI over time: foreign exchange fees. Banks and brokers often take 1% – 4% in hidden FX margins, costing investors tens of thousands. On a 5M AED deal, that’s up to 200,000 lost — before you even invest. Not only this but fluctuations in exchange rates may mean that you end up paying more...
The UAE’s off-plan property market is on fire — and investors worldwide are paying attention. Here’s why:✔️ Payment plans as low as 10% upfront✔️ Tax-free returns in a high-growth economy✔️ Massive infrastructure and tourism investment (Expo legacy, Vision 2040, etc.)✔️ Projects by world-class developers like Emaar, Sobha, and Damac But here’s what makes a great investment...
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