Damac Properties said it has become the first UAE real estate developer to introduce special investment products that guarantee the capital and annual returns for its investors.

The company is now offering products that will ultimately provide investors and those looking for safe and high returns with the opportunity to navigate the Dubai property market with total peace of mind.

According to Damac, it has introduced two new schemes for investors. One of them guarantees annual returns on advance payments during construction of three per cent every year which is equivalent to twice the interest on fixed deposits.

Customers will receive the payments twice a year until completion of the unit, stated the high-end luxury real estate developer.

The other scheme is the "Damac Capital Guarantee" which guarantees the property's value for two years after delivery; the company will pay the difference to the investors if the unit price has any decline between the time of delivery and the end of 2019.

On the new products, Niall McLoughlin, the senior VP, said: "Damac Properties has always maintained that Dubai shows confidence and growth in the medium and long term."

"The company’s recently launched products provide the opportunity for those looking for safe investment and high return," noted McLoughlin.

Damac Properties’ products, he stated, will increase the attractiveness of real estate as an asset, and investment fund provides a return before and after delivery.

"When you also factor in the potential for capital growth, I don’t know of a better, more secure investment opportunity anywhere," he added.

Damac Properties has a wide range of stylish living options across Dubai, including private villas, townhouses and apartments within its two golf course communities, Akoya by Damac and Akoya Oxygen  which allow individual investors to capitalise on the emirates booming tourism sector.-TradeArabia News Service