Damac planning to launch a new project at Najmat, Abu Dhabi.
Marina Bay is residential project with waterfront. You can use the opportunity to buy by pre-launch prices. Please, contact with me for more information.
050 4509238 - Layla

Damac is too expensive...but I guess their quality is good.

What is the expected starting price for the DAMAC project in Abu Dhabi?

hi,
The expected price will be 2000 Dhs per sq ft or might be less. As If you heard about our last successful launch of Marina Bay (Najmat) the price reach 2200 Dhs per sq ft and 70% of the building has been sold on the launch.
I can update you with more ditails as soon as i will have more info.

How can you get below DAMAC's price if it's a pre-launch and they are the developer?

Please be transparent when you talk/write. I work for DAMAC and I advise you not to throw empty statements that you cannot back up in forums just to attract some customers.

DAMAC prices are exactly the same at every given time, whether you get them from china, russia, dubai, UK or anywhere else in the world!
And when you're buying pre-launch, then no one can get you anything cheaper!

Yes we are more expensive than all other developers, and that's because:
1- We have the highest standards of finish. [Yes, "Live the luxury" is our motto, and we do offer that luxury to our customers]
2- We build on the best plots within any master development [Al Reem Island in this case]
3- The returns [capital growth] witnessed on DAMAC projects are always in the ivy league!
4- We offer worldwide global support to our investors.
That's only 4 of so many more reasons that I can quote, but I guess that's enough for the purpose of this thread.

If anyone else wanted more details, feel free to call me on +447825107389.

Best regards,


Rammah Taan
+447825107389

Its true that so far we have 2 projects in Abu Dhabi, but the prices are a bit off. First of all Oceanscape has sold out and Marina Bay is between aed/-2100 to 2200 per sq.ft. We still dont know the price for the new project, but it should be around Marina Bay's price, as its in the same location. If you need any further (correct) information, send me a prvt. message.

With what Damac are doing to the Palm Spring investors - I would not buy from DAMAC again.

Do you have a picture of Harbor Heights yet?

not yet boss, i am sending you a PM

I guess you know by now that DAMAC is launching for 2500 per sqft, and providing 10% off (so 2250 per sqft) till end of Month.

I do not know about you, but this is way overpriced. One of the most expensive locations in UAE, Palm Jumeirah, has a going rate for 2000-2200 per sqft for apartments, but this is for an established and well branded location around the world. This iconic place can not be compared with Al Reem, at least not now.

Have you seen the pictures of AL Reem? It is almost empty except for some developments in Marina square (going rate between 1300-1700 per sqft for resales), so Al Reem is at least 3 years behind Palm Jumeirah.

So, what is the logic? You tell me. It seems better to buy in Marina Square, because this is a complete project, with shops, restaurants, sports, etc.. and also finished much faster than Damac building, and much cheaper, better located to main AD island, etc..

Again, I will be amazed if people buy into a tower on an empty island for the inflated price of 2250-2500 per sqft. Please could someby respond that has bought into this new Damac tower, and the reasons why? This tower will take at least 3 years to complete (even longer I think if you look at Damac delays elsewhere).

Do not get me wrong, if people buy these steep prices, I am happy, so hopefully my Marina Square investments will profit from this inflation, but I am also fair, I think, these prices for Damac are beyond good reasons for the UAE market.

Perhaps it is a Britisch scam to control the AL Reem prices (many agents are from the UK).