27 Dec '16, 7am

Dubai developer offers BMWs with apartment purchases - PropertyGuru Singapore

Dubai property developer Damac Properties has bundled a luxury car with apartment sales worth over AED599,000 (S$236,290), media reports revealed. Damac revealed that buyers can have the chance to drive away a BMW or another luxury car, whenever they buy a property in one of its luxury developments across Dubai. “From luxury apartments overlooking Dubai Canal to branded residences in Dubai Marina, this offer allows property buyers not only to live the luxury, but to drive it too,” said Damac Properties senior vice president Niall McLoughlin. He noted that average returns for Dubai real estate stands at seven to nine percent, up two to three percent compared to its matured international counterparts such as Paris, New York or London. “In prime areas, even a 10-12 percent return isn’t uncommon,” he added. “With the city’s development still on the rise, there’s no better time...

Full article: http://www.propertyguru.com.sg/property-management-news/2...

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