28th March 2015

One of the largest promotions on luxury Dubai property will be launched next week when developer DAMAC Properties releases special offers and payment plans across a select portfolio for the International Property Show 2015 which runs from 30 March - 1 April 2015 at the Dubai World Trade Centre.

Exclusive prices and payment plans will be released, including villas and townhouses at its lifestyle communities, with villas at AKOYA Oxygen and serviced hotel apartments overlooking the championship-standard golf course at AKOYA by DAMAC.

Prices for apartments start from as low as AED 500,000 and villas from AED 1.3 million with buyers able to secure their exclusive units on the stand throughout the event.

"The Dubai property market is buzzing with interest from all over for luxury living experiences at the heart of one of the most vibrant cities in the world," said Ziad El Chaar, Managing Director, DAMAC Properties. "From private and exclusive villas within our AKOYA Oxygen project, to expansive apartments overlooking The Drive at AKOYA, buyers will be able to find a solution for their lifestyle, at prices not seen before."

DAMAC Properties is at the forefront of Dubai's property and serviced living market, with luxury developments in the most desirable locations, from the Burj Area to Dubai Marina and Jumeirah Village to IMPZ. Having collaborations with some of the largest and most influential luxury lifestyle brands anywhere, such as Versace, FENDI, The Trump Organisation, Paramount Hotels & Resorts and Tiger Woods Design, DAMAC Properties is able to provide buyers bespoke solutions for every lifestyle requirement.

"Given the size and scale of our development portfolio, we are able offer a variety of products to buyers during the International Property Show with luxury homes at prices not available in the open market."

As a leading developer within the Dubai market for over a decade, DAMAC Properties is a key sponsor of the 11th International Property Show (IPS), which is held annually in Dubai. The show is accredited by the Dubai Real Estate Regulatory Authority (RERA) and has become the leading property sales event in the Emirate with 125 exhibitors from 25 countries.

As of December 31st 2014, DAMAC Properties has delivered almost 13,000 homes and has a development portfolio of over 38,000 units at various stages of progress and planning. Included are more than 10,000 hotel rooms and serviced hotel apartments under development, which will be managed by its hospitality arm, DAMAC Hotels & Resorts.

Experienced consultants from DAMAC Properties will be available on stand B50 for the duration of the International Property Show, 10am - 7pm daily from 30 March through to 1 April 2015in Hall 3 of Dubai World Trade Centre.

Further information is available at www.damacproperties.com

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About DAMAC Properties
DAMAC Properties has been at the forefront of the Middle East's luxury real estate market for more than 13 years - bringing luxury living experiences to residents from all over the world. Making its mark at the highest end of stylish living, DAMAC Properties has cemented its place as the leading luxury developer in the region, offering iconic design and the upmost quality. The company's footprint now extends across the Middle East with projects in the UAE, Qatar, Saudi Arabia, Jordan and Lebanon.

As of December 31st 2014, DAMAC Properties has delivered almost 13,000 homes and has a development portfolio of over 38,000 units at various stages of progress and planning. Included are more than 10,000 hotel rooms and serviced hotel apartments under development, which will be managed by its hospitality arm, DAMAC Hotels & Resorts.

The company is listed on the Dubai Financial Market (DFM). The company also issued a US$650 million five year Sukuk on NASDAQ Dubai in April of 2014, which was more than four times oversubscribed and was placed with institutional investors across Europe, the Middle East and Asia.

As a leading player in the market, DAMAC Properties has joined forces with some of the most recognisable fashion and lifestyle brands in the world to bring new and exciting living concepts to the market. Projects include a Tigers Woods designed golf course which will be managed by The Trump Organisation, luxury apartments with interiors by Italian fashion-houses Versace, luxury apartments and villas with interiors by FENDI and uniquely conceptualised Paramount Hotels and Resorts to bring serviced living at it most opulent.

The company is also developing two of the most anticipated luxury master communities in Dubai - AKOYA by DAMAC and AKOYA Oxygen. With a combined square footage of almost 100 million sq ft, the two distinct projects bring luxury villas within lush green surrounds to the doorstep of those looking to escape the city lights in a private, serene environment.

Running through the heart of each project will be an 18-hole Championship Golf Course - The Trump International Golf Club, Dubai designed by Gil Hanse at AKOYA by DAMAC and The Trump World Golf Club, Dubai, designed by Tiger Woods. Both courses will be managed by the Trump Organisation, offering the highest levels of white glove service.

Each project will house the highest luxury villas and apartments currently available on the market, with branded living concepts available within AKOYA by DAMAC from Paramount Hotels & Resorts and FENDI. The Trump Estates mansions also offer a truly indulgent lifestyle, with panoramic views across the course.

As a global leader in branded real estate, the company is also developing a US$1 billion hotel and luxury serviced residences in the Burj area of Dubai, called DAMAC Towers by Paramount, which will comprise the first Paramount hotel and serviced residences in the region.

DAMAC Properties' hospitality portfolio will extend within the coming three years to reach around 10,000 units of hotel rooms, serviced hotel apartments and serviced villas.

The company's pipeline of hospitality projects to be opened in the coming few months extends in different locations of the Burj Area and other key areas of Dubai with its DAMAC Maison and NAIA products.

With vision and momentum, DAMAC Properties is building the next generation of Middle East luxury living.

Further information is available at www.damacproperties.com or join DAMAC Properties on Facebook, Twitter (@DAMACOfficial) and YouTube.

For more information please contact
Niall McLoughlin, Senior Vice President
Corporate Communications
DAMAC. Tel: +971 4 3731000
Fax: 00 9714 3732335
Email: niall.mcloughlin@damacgroup.com

© Press Release 2015