ABOUT DUBAI WELCOME TO THE FUTURE
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- Percival Scott
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2 ABOUT DUBAI WELCOME TO THE FUTURE This is the city that has it all. Home to over 200 nationalities and easily accessible from just about anywhere in the world, Dubai boasts pristine beaches, rich Arabian heritage and five-star luxury living. High-end shopping, dining and entertainment are complemented by year-round sunshine and a safe family-friendly environment. In addition, with such ease of doing business, a stable economy and tax free status, it s no wonder Dubai is one of the world s favourite destinations.
3 Dubai Metro It is the world s longest driverless metro network and spans kilometres across the Red and Green lines. Travellers Dubai International Airport is one of the busiest airports in the world for passenger traffic. Al Maktoum International Airport is undergoing an AED billion expansion programme By the end of Q it will be the world s biggest airport with a capacity of 240 million passengers per year. Source: dubaiairports.ae Happiness In February 2016, Sheikh Mohammed bin Rashid Al Maktoum, Vice President of the UAE and Ruler of Dubai, announced the inauguration of the Minister of Happiness for Dubai, a government role that would channel policies and plans to achieve a happier society. Investment AED 132 billion worth of real estate transactions during H AED 21 billion worth of Dubai real estate projects launched since the beginning of Source: Dubai Land Department
4 DUBAI EXPO million visitors by % from overseas million passenger capacity per year upon completion of airport expansion HOURS AIR-SEA CONNECTIVITY achievable between Jebel Ali Port and Al Maktoum International Airport
5 DUBAI RENTAL YIELDS COMPARED
6 WHY INVEST IN DUBAI Highly liquid property market Logistically, it s very easy and relatively inexpensive to invest in property in Dubai, whilst the following points ensure the property market remains highly liquid: Some of the highest rental yields in the world Strong capital appreciation Readily-available financing options Zero tax Ease of business set up Free Zones give companies 100% foreign ownership; exemption from all import duties; 100% repatriation of capital and profits; and freedom from corporate taxation. Safe and very sound UAE is the second safest place in the world in which to live, just behind Finland. Open and free system Open economic policies, minimal government control and private sector regulation have played an instrumental role in attracting Foreign Direct Investment (FDI). World-class infrastructure Dubai s vision to invest heavily in its transport, telecommunications and industrial infrastructure also make it an attractive destination for international businesses Strategic location Dubai sits at the crossroads of Europe, Asia and Africa. Stable currency The UAE dirham being pegged to the long-established and globally recognised US dollar means the value of the currency has enjoyed balance and growth, as well as stability to the import and export trade.
7 ABOUT DAMAC Since 2002, DAMAC Properties has cemented its place as the leading luxury developer in the region, offering iconic design with the highest quality.
8 SUITS EVERY LIFESTYLE DAMAC offers a wide range of properties in desirable locations including designer apartments, villas, studios, furnished and serviced apartments. 56 million sq ft of development 13 thousand hotel rooms, serviced apartments and hotel villas 44 thousand units in progress 19 thousand homes delivered *Above figures are as of 30 June 2017
9 OUR ACHIEVEMENTS DAMAC is a proven market leader and has successfully delivered over 19,000 world-class properties. It is a pioneer of its industry and has accomplished numerous milestones, regionally and internationally. FIRST ON FORBES GLOBAL 2000 LIST FOR GROWTH FOR 2017 DAMAC has been ranked first on the 2017 Forbes Global 2000 List for revenue growth ( ). It s also the only private real estate developer in the UAE, and one of only three, to make the Forbes Global 2000 List of the world s biggest companies. FIRST PRIVATE DEVELOPER TO GO PUBLIC DAMAC was the first developer in the UAE to list on the London Stock Exchange, and then on Dubai Financial Markets in ONE OF TEN ON MSCI EMERGING MARKETS INDEX DAMAC is one of ten UAE companies to be added to the Morgan Stanley Capital International (MSCI) Index as of June 1, RATED BY STANDARD & POOR S Standard & Poor s Ratings Services has assigned its BB long-term corporate credit rating to DAMAC, demonstrating the agency s confidence in DAMAC and reflecting the company s stable outlook. 84 INTERNATIONAL AWARDS DAMAC has been widely recognized by global organisations, receiving 84 regional and international awards to date, including 14 in 2017.
10 OUR FINANCIAL STRENGTH 2014 to 1H June to 1H2017 *Figures as of 30 June 2017
11 OUR GLOBAL PRESENCE DAMAC S footprint extends across the Middle East with projects in the UAE, Saudi Arabia, Jordan, Lebanon and the United Kingdom. With a far greater reach than any of its competitors, DAMAC visits over 65 countries around the world, introducing new projects and the most lucrative investment opportunities
12 OUR PARTNERS The superior design and details of DAMAC developments are a result of working with the finest craftsmen and partnering with some of the most prestigious fashion and lifestyle brands to bring new and exciting living concepts to the market. International golf communities in collabration with Luxury residences with interiors by Italian fashion houses Uniquely conceptualised properties in partnership with One-of-a-kind residences styled by
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