DAMAC in partnership with RE/MAX will be conducting a networking event at Maagiri Hotel from 13^th to 14^th November 2019. The purpose of this networking event is for Maldivians and expats who are keen on knowing the investment opportunities available in Dubai.

DAMAC Properties is a property development company, based in Dubai, in the United Arab Emirates. The company has been at the forefront of the Middle Easts luxury real estate market since 2002, delivering luxury residential, commercial and leisure properties across the region, including the UAE, Saudi Arabia, Qatar, Jordan, Lebanon and the United Kingdom.

Recently clinching the number one spot on the Forbes Global 2000 List of Growth Champions, DAMAC continues to deliver results that speak louder than words. With award-winning residential, commercial and leisure properties across the Middle East, to date, DAMAC has delivered over 26,000 homes and has a development portfolio of more than 37,000 units at various stages of planning and progress, asserting its place as a leading luxury developer in the region.

Open economic policies, minimal government control and private sector regulation have played an instrumental role in attracting Foreign Direct Investment (FDI) in Dubai. Dubai sits at the crossroads of Europe, Asia and Africa, providing easy access to many of the worlds fastest growing emerging markets. Payment plans with DAMAC Properties are designed to keep investors ease of mind with the lowest upfront payments and construction linked payment plans.

A few reasons to invest in Dubai include:

• 0% income tax on rental yields and capital appreciation
• Amongst the highest rental yields in the world an average of up to 7-10% compared to 2-3% in other global markets
• Safe and very sound The World Economic Forums Global Competitiveness Index 2017-2018 revealed that the UAE is the second safest place in the world
• Readily-available financing options interest rates range between 3-5% with repayment terms as long as 25 years
• Extra luxury space per square foot compared to markets such as London, New York, Paris, Sydney and Mumbai
• Strong regulatory authority RERA provides a strong legal framework to safeguard buyers interest

Dubais vision to invest heavily in its transport, telecommunications and industrial infrastructure make it an attractive destination for investment.

Some of DAMACs key properties include:

• Paramount Tower Hotel & Residences Dubai, Sheikh Zayed Road, Dubai, UAE
• Amora at Golf Verde, Dubailand, Dubai, UAE
• Hotel Apartments at DAMAC Maison Prive, Burj Area, Dubai, UAE
• XL Tower, Burj Area, Dubai, UAE
• Zada Residences, Business Bay, Dubai, UAE
• The Residences at Business Central, Business Bay, Dubai, UAE
• DAMAC Residenze With Interiors By Fendi Casa, Dubai Marina, Dubai, UAE
• Emirates Gardens, Jumeirah Village Circle, Dubai, UAE
• Celestia Furnished Apartments, Dubai South, Dubai, UAE
• Executive Heights, Barsha Heights, Dubai, UAE

RE/MAX, established in 1973, is the worlds number one real estate network of 8000+ offices, with over 125,000 associates in nearly 110+ countries. RE/MAX Aaarco Real Estate in Sri Lanka is independently owned and operated by Aarco Real Estate (Pvt) Ltd which is a subsidiary of Aarco Group of companies.