DAMAC strengthens presence in QATAR; Opens FIRST sales office in the country
Two new properties launched and new sales office to cater to regional and international properties
DAMAC Properties – the luxury lifestyle provider and Middle East’s largest private sector master developer – has opened a new sales office in Qatar to meet the growing demand and tap into the unrivalled potential of Qatar's real estate sector. The new sales office is located in Qatar’s capital city, Doha and will provide information on all properties by DAMAC. With the opening of the new office in Doha, DAMAC Properties now has 53 sales offices across 12 countries.
Commenting on the new office opening, Peter Riddoch, CEO, DAMAC Properties said. “Doha is Qatar’s largest city and accommodates over 80% of the population. There is an increase in the demand for housing units, as the city has witnessed an increase at the rate of 8% annually over the last year. Close on heels with our successful projects in Qatar, we have recently launched Garden Heights and The Terrace at Fox Hills, both at the Lusail Development.”
The Garden Heights is a 20 storey tower that encompasses 1, 2 &3 bedroom apartments and opulent penthouses. It has a futuristic architectural design and provides the finest residential space. On the other hand, The Terrace is the largest domestic development by DAMAC Properties. The Terrace provides an exotic and healthy ambience to live, work, shop, and relax. It comprises of 14 buildings of 4-storey’s each and has a unique exterior with different colour schemes and materials.
Riddoch continued “The new sales office will be an ideal resource centre that will provide information on DAMAC’s projects, master plans, details on the progress of different projects across all markets. It will serve as a one-stop destination in Doha that will meet and address the queries of prospective customers and business partners on various projects both regionally and internationally. This is another step forward by us to strengthen our presence and showcase our commitment to the Qatari market.”
DAMAC Holding has now grown into a global conglomerate with more than 7000 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.
Further information is available at www.damacproperties.com
