DAMAC Properties to participate at Dubai International Property Show 2008

February 17th, 2008: DAMAC Properties - the luxury lifestyle provider and region's leading private sector master developer, will showcase at the Dubai International Property Show, the most exclusive properties and the most exciting developments in the UAE and the region. The Property Show runs from 17th - 20th Feb, 2008 at the Dubai World Trade Centre Exhibition Centre.

This will give visitors the opportunity to prospect investment opportunities in the region's most luxurious developments such as Dubai's "Ocean Heights", "Marina Bay" in Abu Dhabi, Al "Jawharah" in Jeddah, "Hyde Park" in Cairo and "Business Heights" in Amman, amongst other DAMAC luxurious projects.

Hussain Sajwani, Chairman of DAMAC Holding, said:" This is another unique opportunity for us to showcase our world-class luxury projects and concepts. It is also an opportunity for investors to learn more about our projects. We have no doubt that this year's Dubai International Properties Show will provide us with an ideal platform to meet potential investors and clients from all around the world." 

DAMAC Properties meet the different requirements of buyers and investors whether they are looking for a holiday home, a place to retire to or simply looking for a good return on investment.

"Demand for high-standard housing and retail space has been steadily growing over the last few years in the Middle East. This is in line with the increasing purchasing power in the market. We are also seeing great interest amongst foreigners in luxury property investments in this part of the world" said Peter Riddoch, CEO of DAMAC Properties.

"The number of truly luxury projects in the regional market is limited and DAMAC sees a demand from many international investors for luxury properties in the Middle East and we are providing a platform for them" he added.

The DAMAC Properties stand will be located in Hall No. 4 and will demonstrate all current and future projects across the Middle East. The event will provide visitors a closer insight into the level of luxury that DAMAC Properties offers in the region, not only in the real estate sector but also its revered customer service.

The private master developer is currently offering over 500 million sq. ft. of marinas, golf courses, 5-star hotels, adventure parks, beach resorts, townhouses, villas, malls, penthouses, hi-rises, offices and retail space across the region. The finest luxury lifestyles are also proven successful investments.

With projects currently spread across six countries including UAE, Qatar, Jordan, Lebanon, Egypt and Saudi Arabia, coupled with an exponential growth in sales, DAMAC Properties is driving towards building an effective sales network in the region.

The company's comprehensive customer care program provides solutions through its vast regional network with offices in the UK (London, Manchester), Ireland, UAE, Iran, Russia, Italy, Jordan, Saudi Arabia, Lebanon, Egypt and Qatar. 

Further information is available at www.damacproperties.com

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About DAMAC Properties
DAMAC Properties is part of DAMAC Holdings. DAMAC properties was established in 1995 and has grown into one of the most successful residential, leisure and commercial developers in Dubai and the Middle East, and is expanding rapidly into North Africa, Jordan, Lebanon, Qatar, Saudi Arabia and the Far East.

The company's portfolio includes properties spread across 500 million square feet and is worth in excess of US$30 billion. By partnering with world renowned architects and designers, DAMAC Properties aims to develop schemes that include residential, commercial and leisure facilities that will create an integrated community. The company's schemes are located in the most desirable and exclusive locations and the homes are built to a high quality specification that has become synonymous with the group.

Driven by a passion for excellence, DAMAC Properties manage all their projects from start to finish. The company's diverse range of expertise allows them to control land purchase activity, appointment of architects and designers, construction and sales and after sales service. In addition to support services provided by their Dubai headquarters, the company's comprehensive Customer Care Program provides solutions through its vast regional network with offices in the UK (London, Manchester, Reading, Leicester, Birmingham and Glasgow), Ireland, Italy, UAE, Iran, Russia, Jordan, Lebanon, Egypt, KSA and Qatar.

The parent company, DAMAC Holdings, has grown over the years from a specialist catering company established in 1982, into a multi-billion dollar corporation to become one of the largest organizations in the Middle East.

For further information, please refer to www.damacproperties.com

For more information please contact:
Niall McLoughlin, Senior Vice President
Corporate Communications, DAMAC
Tel: +971 4 3322005 Ex 336
Fax: 00 9714 3311028
Mobile +971 50 6251329
emaiI: niall.mcloughlin@damacgroup.com

Maroun Hannoush,
Senior Manager - DAMAC Properties
Tel: 00 9714 3322001
Fax: 00 9714 3311028
Mobile +971 50 5592494
email: maroun.hannoush@damacgroup.com 

Agency Contact:
Ashutosh Gupta,
BPG Public Relations,
M: +97150 2834339
email: ashutosh@batespangulf.com.

© Press Release 2008