Wednesday 16 October 2019

Damac launches affordable luxury homes in Business Bay

DUBAI, June 19, 2019

Leading UAE developer Damac Properties has announced the launch of Zada, a fully-integrated development featuring luxurious one-bedroom modern apartments, in Dubai’s Business Bay area.

Priced at Dh699,999 ($190,539), the exquisitely designed one-bedroom apartments offer views of the iconic Dubai Canal, said the statement from the luxury project developer.
The official launch will take place on June 29, and Damac is offering prospective buyers a chance to pay for the property in monthly instalments of Dh6,999 ($1,905) over five years, it stated.

Damac pointed out that its latest project comes as a response to the growing demand for accessible luxury in the region.

Zada is strategically located within a master-planned community in Business Bay, and offers world-class amenities such as a swimming pool, a children’s playground, and a fitness centre, among others.

Owing to its location in one of Dubai’s most coveted neighbourhoods, residents will also enjoy the best of shopping, dining, and entertainment experiences in their vicinity.

Speaking at the launch, senior vice president Niall McLoughlin said: "We are thrilled to present Zada, Damac’s latest offering in the premium living segment. Dubai’s real estate market is evolving fast, and there is a growing demand for accessible luxury homes."

"Zada offers the perfect combination of great location, life-enhancing amenities, Damac’s unmatched quality, and value for money. We hope that our customers take advantage of the incredible launch day offer on June 29," he added.  

The launch of Zada comes at a time when Damac is focused on completing its current pipeline of development projects.

Earlier this year, the developer handed over 727 homes in Ghalia, its first certified Sharia-compliant luxury furnished apartments; and is preparing to handover more than 1,500 units in the coming months.-TradeArabia News Service


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