First event in Dubai attended by 250 members of DAMAC's broker network

Dubai, United Arab Emirates – 29 May 2017

DAMAC Properties, a leading luxury real estate developer in the region, recently held its first awards ceremony to recognise top real estate brokers in the UAE, rewarding them for their contribution to the company’s sales volumes in the first quarter of 2017. More than 20 agents received special recognition for their high achievements in sales of villas and apartments across DAMAC’s portfolio.

Over 250 members of DAMAC’s broker network in Dubai attended the inaugural ceremony, which will be held every quarter, and plans are underway to hold the event across the regional and global network to recognise high achievers in sales transactions. The event is one of a series of new initiatives designed to reward the broker network and engage them in a fruitful collaboration drive.

Recently, DAMAC also embarked on a training programme for brokers to provide them with extensive product knowledge, tools and expertise that will help improve sales. In addition, a dedicated sales portal has been launched specifically for agents to manage their relationships with DAMAC and gain access to up-to-date information related to sales transactions and performance as well as commissions.

Niall McLoughlin, Senior Vice President, DAMAC Properties said: “We are very proud of our esteemed network of agents and brokers who work with us diligently to promote our properties to a distinguished clientele in the UAE and abroad. We would especially like to thank those achieving exceptional sales results and look forward to rewarding more high achievers in upcoming events. We continuously strive to nurture the relationship with our brokers and provide incentives that motivate and reward good performance, and this works very well to enhance our sales efforts across the globe.”

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Further information is available at www.damacproperties.com

DAMAC Properties has been at the forefront of the Middle East’s luxury real estate market since 2002 – 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, Saudi Arabia, Qatar, Jordan, Lebanon and the United Kingdom.

As of 31st March 2017, DAMAC Properties has delivered approximately 18,500 homes. The company has a development portfolio of over 44,000 units at various stages of progress and planning, comprising more than 13,000 hotel rooms, serviced apartments and hotel villas, which will be managed by its hospitality arm, DAMAC Hotels & Resorts. 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, DAMAC Properties. Tel: +971 4 3731000 │ Fax: 00 9714 3732335 │Email: niall.mcloughlin@damacgroup.com

© Press Release 2017