If you’re thinking of buying a new home, now is the time to do it. DAMAC Properties has a special offer with purchase of one of their properties as a part of the Dubai Shopping Festival 2014. Yes, it is a luxury sports car! And if you can’t quite afford the best penthouse, you still get a gift for the smaller apartments. Although, is it not a gift in itself to live in luxury surrounded by FENDI furniture?
One has to wonder why and how the 2014 Lamborghini Aventador Roadster was selected as a purchasing incentive for larger properties, while the BMW or Mini Cooper have been selected for the smaller units. While it may seem to be too extreme a giveaway, the company Damac Properties claims that it always benefits from these promotions. (They had a similar offer in the pre-crisis years that proved to be very profitable.) The goal is not only to encourage UAE residents to buy these properties, but most importantly international customers. From the point of view of the national economy, this is a great way to bring cash into the local market. Even if they have ten people that come and buy one of their luxurious, FENDI-furnished apartments that are offered in the Residenze complex of the Dubai Marina, that is ten high-income temporary or permanent residents that will buy goods and services and pay taxes to the area.
By offering these very unusual incentives, the company is more likely to sell their properties quicker and therefore put funds back into their new projects. Not to mention, they most likely get a wholesale purchase deal from each of the car companies. This substantial growth is very important for Damac, who took quite a loss in 2009 as a result of the global crisis, and it is looking forward to making an impressive entrance back into development. This feat is made possible with the help of the Trump Organization and Paramount, as well as FENDI.
Damac’s latest projects will be on display as a portfolio in the Dubai World Trade Centre, the Mall of the Emirates and the Souk Madinat Jumeirah while the Dubai Shopping Festival is taking place. One of them is called the “AKOYA by DAMAC,” which is a 42 million ft2 complex consisting of not only a huge luxury community with various dwellings from mansions down to luxury apartment buildings, but also a retail center and an 18-hole Championship Golf Course called “The Trump International Golf Club, Dubai.” When you have someone on your side like Donald Trump, you are bound to be successful!
So if you are in the market for a new residence, take a look at all of what Damac has to offer- you could end up getting a new car at the same time!
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