The first phase witnessed the valuation of about 1,700 units since its launch in September 2020.
The first phase witnessed the valuation of about 1,700 units since its launch in September 2020.
The developer said in a statement on Sunday that the value of its assets surged to Dh5.8 billion in 2020 from Dh5.6 billion
Rebound in mid-market segment pegged to follow
A total of 3,300 sales transactions worth Dh6.74 billion were recorded in January 2021
Damac’s 2020 loss widens to over Dh1 billion as sales slump because of Covid-19 pandemic
Dh124 billion worth projects were completed in 2020
A reduction of fees on the sale value from four per cent to two per cent for non-GCC purchasers has led to a significant increase of 32.5 per cent in the number of the sales sealed last year by non-GCC investors
Core projects 7,000 units to hit the market this year as compared to 4,500 last year