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DAMAC announces the promotion for DSF 2006

- December 27, 2006, 11:56 am

DAMAC announces the promotion for DSF 2006

DAMAC announces the largest ever promotion worth over AED87 million for Dubai Shopping Festival 2006.

One lucky customer to get a Jet plane worth 5.5 million Dirhams and every new customer to get a Jaguar on DAMAC’s Dubai based properties

Luxury lifestyle provider, DAMAC Properties, announced the largest promotion ever worth over AED87 million for Dubai Shopping Festival 2006. DAMAC will give a brand new ECLIPSE 500 Jet, worth AED5.5 million to one lucky customer amongst the first 700 properties bought during DSF 2006. The company will also give a Jaguar to every new customer who buys a DAMAC Property during DSF 2006.

“We are a ‘Support Sponsor’ for DSF 2006 and as part of the Festival promotion we will give a brand new Jaguar for every new customer. At DAMAC our focus is to deliver luxury to our customers, and this DSF we will deliver extended delight to all our new customers. And the buyers of first 700 properties sold in Dubai will enter into a raffle draw with a chance to win a new Jet plane. This is yet another first from DAMAC in the real estate marketplace,” said Mr. Hussain Sajwani, Chairman DAMAC Holding.

“During DSF DAMAC has witnessed a 50 per cent increase in sales in 2004, 85 per cent in 2005, 105 per cent in 2006 and the company it optimistic about the sales growth in 2007,” said Mr. Peter Riddoch, CEO DAMAC Properties.

“DAMAC’s promotion is in line with the DSF philosophy of providing an overall rewarding shopping experience where every customer wins. It is also the largest promotion ever during DSF and we are confident that it will further add to the excitement and attraction Dubai Shopping Festival enjoys globally,” added Mr. Riddoch.

DAMAC Holding has now grown into a global conglomerate with more than 6000 employees in 18 countries. Being the first private sector company to make a commitment to Dubai’s real estate market, DAMAC Properties has become the market leader with a strong sales record to its credit.

“Luxury brand development is time consuming; however we have accelerated the process through our commitment, customer service and world class quality standards. Today, DAMAC Properties stands for high end luxury and high investment returns,” concluded Mr. Riddoch.

Luxury lifestyle provider and the region’s leading private sector developer, DAMAC Properties, won three prestigious awards at the CNBC Arabian Property Awards 2006. Property developer bagged the best development award for ‘Oceanscape’, best architecture award for ‘Ocean Heights 2’ and the best website award for the company’s website – www.damacproperties.com.



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