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FINANCIAL NEWS
Dubai’s DAMAC obtains land worth USD 343mn
18 Feb 2016
(MENAFN) High-end extravagant real estate developer, DAMAC Properties, is providing investment products that assure the capital and annual returns for investors.
Moreover, DAMAC introduced annual return on advance payments through construction of 3 percent per year, to twice the interest on fixed deposits.
There will be also “DAMAC Capital Guarantee” which will pay the difference to the investors if the unit price has a decline between the time of the delivery and the end of 2019.
“DAMAC Properties has always maintained that Dubai shows confidence and growth in the medium and long term”, said Senior Vice President.
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