Layaly Damac to showcase exclusive real estate investment options

Ramadan is a time of generosity, reflection, and new beginnings – a season when traditions of giving and prosperity take centre stage. In this spirit, Damac Properties has conceptualised an exclusive opportunity for high-net-worth investors to participate in Dubai’s flourishing real estate market through a curated property show throughout the month of Ramadan: Layaly Damac.

With an impressive upward trend in Dubai property values and a surge in demand for bespoke and exclusive residences, witnessing a 20 per cent year-on-year growth in transaction value, investors can expect unprecedented opportunities to secure assets in the city’s most coveted developments. 

Super-luxury apartments in Damac’s select and premium developments, including Cavalli Tower, Damac Bay 1 & 2, Safa One and Two, Couture by Cavalli and Volta, will be part of this exclusive offer. There will be two attractive options for super luxury apartments. The first is the 50:50 payment plan with just a 10 per cent down payment and a 4 per cent DLD waiver. The second option is the 60:40 two-year post-completion interest-free payment plan, where 60 per cent needs to be paid during construction with a down payment of 24 per cent, which includes the 4 per cent DLD fees. Prypco will facilitate the post-handover component as an interest-free mortgage.

For those seeking luxury residences in Canal Heights 1 & 2, Golf Greens, Lagoon Views, and other cutting-edge luxury developments, offers will include a 5 per cent discount for on-the-spot bookings with a 50:50 payment plan and a 10 per cent discount if 50 per cent is paid upfront. For all on-the-spot bookings, full down payment needs to be made within seven days. And the 5 per cent and 10 per cent discounts on luxury residences are applicable only for a limited time.

On luxury apartments, Damac will also offer a 4 per cent DLD waiver for the 50:50 payment plan with a 10 per cent down payment or two years post-completion interest-free on the 60:40 payment plan, where 60 per cent needs to be paid during construction, with a down payment of 24 per cent including the 4 per cent DLD fees. This offer is only applicable for select projects.

Beyond these incentives, investors purchasing properties worth Dh2.5 million or more will enjoy a three-night stay at the Paramount Hotel, complete with spa indulgences or a gold voucher worth Dh12,000.

The offer is only valid for a limited period. Investors can visit the Layaly Damac property show at Damac Hills or Damac customer sales centres during Ramadan to learn more about the offers.

–         In association with Damac Properties. The terms and conditions of the promotion can change at the developer's discretion