Damac woos Saudi investors with Hollywood offer
Dubai, July 3, 2014
Damac Properties, a leading developer based in Dubai, is offering a special trip to Hollywood for all those who purchase a property at its high-end luxury tower in Riyadh.
This exclusive-Ramadan package includes a visit to the studios of Paramount Pictures, one of the largest cinema producers in the world, in addition to several other exciting activities when purchasing a property in Damac Tower By Paramount-Riyadh.
This is another unique opportunity to all Saudis who are searching to live and invest in a high-end luxury property, said the statement from Damac.
Ziad El Chaar, the managing director of Damac Properties said: “The project is designed at the highest standards of luxury, and very well located in the heart of Riyadh. Saudi businessmen and those visiting the capital regularly for business or leisure, will enjoy a perfect solution in Damac Tower by Paramount.”
"We are offering this opportunity to Saudis because we believe in the benefits of owning and living in a luxury serviced property that offers a distinguished life style with all services needed for individuals or families," explained El Chaar.
"The project is at proximity of all major business and social landmarks in Riyadh, being located opposite to the Kingdom Tower and the Four Seasons hotel, it offers an excellent advantage on all fronts," he added.
On the Hollywood offer, El Chaar said the buyers of the Paramount-Riyadh property will enjoy business class tickets from Saudi to Los Angeles with a 5 nights stay at a 5-star hotel.
"The program includes a visit to Paramount studios where invitees can see how movies, special effects and stunts are done, in addition to special access behind the scenes that is not usually open for public, and a private lunch with one executive of Paramount," he noted.
To add excitement to the overall experience, the schedule will include as well a helicopter tour over the Hollywood Strip, and a limousine service for Los Angeles city tour, he added.
Damac Tower by Paramount in Riyadh is set to be finished by 2015 and will be a new landmark in the Saudi capital overseeing the Kingdom tower and setting a new standard in the luxury serviced apartments sector.
The group has two other projects in Saudi Arabia including Al Jawharah – a major project overlooking the Red Sea in Jeddah, with exclusive limited number of apartments located in the top 10 floors of the project known as “Damac Residences”, designed by Versace Home.
And Damac Esclusiva – a branded project with interior designs by Fendi, which will sit next to Damac Tower by Paramount.
Damac has delivered almost 10,000 units to date and currently has a development portfolio of over 25,000 units at various stages of progress and planning as of March 31.-TradeArabia News Service