The new DAMAC Properties sales office in Shanghai comes in light of growing demand from China which notably, according to a recent real estate report, re-entered the Dubai property market in the second quarter of 2023.
Commenting on the new sales centre, Hussain Sajwani, Founder and Chairman of DAMAC Properties said, “This new chapter in our global story is a testament to DAMAC Properties’ commitment to international excellence. The new centre is more than just a physical space, it is a way for us to connect with our valued Chinese clients, and connect them with the best luxury property across the world, from Dubai to London, Miami and beyond.”
DAMAC Properties’ latest sales centre will offer investors hyper-localised insight into the organisation’s geographies, tailored to the unique needs and requirements of the Chinese market.
To further reinforce their dedication to Chinese investors, DAMAC Properties recently concluded their participation in Shanghai’s Luxury Property Showcase (LPS), held between 8 and 10 December 2023. At its 22nd consecutive edition this year, LPS saw over 140 luxury real estate companies from around the world come together to engage with the city’s elite property purchasers at the prestigious Shanghai Exhibition Center.
At LPS, DAMAC showcased nine of their most acclaimed projects, including DAMAC Tower Nine Elms London, Europe’s first Versace-branded luxury residence tower, Safa Two de GRISOGONO, overlooking the iconic Dubai Canal and Canal Crown de GRISOGONO.
