Damac real estate is about to open two added serviced hotel condos at the Business Bay Dubai in the coming months, as it continues to to widen its hospitality business. Cour Jardin and Captial Bay will certainly join Canal Views, which opened past month, and Damac Maison – Dubai Mall Street, which began inviting travellers less than this past year. The company also works Naia Jebel Ali and is planning to grow to be the biggest maintained hotel business in the Middle East by 2018. “Our development in the hospitality segment comes through Damac’s technique to be at the forefront of the hospitality market in Business Bay Dubai and the Middle East,” said Damac Properties controlling manager Ziad El Chaar.
“Right now we have much more than 10,000 served hotel apartments in development, all of which will be presented by 2018. This is going to set the business as among the prominent hotel apartment operators and manufacturers in the area.” Damac presently has a few hotel condos under formation around Dubai, particularly in the Burj area, Jebel Ali, Jumeirah community, Dubailand and Dubai World Central. Additionally, it started Ghalia Constella, the initial legally Sharia-certified maintained hotel apartment rentals in the UAE, earlier this year. “We offer bespoke features to our residents and customers around all ventures, setting new values in the hospitality community and committed by our aim for brilliance, not just throughout the regular everyday service, but on a variety of degrees, among them style, efficiency and training, at Business Bay Dubai” added El Chaar. “Damac’s hotels and hotel apartment assignments offer a practical and luxurious solution for focused holidaymakers or groups touring Dubai for holidays or business reasons. They offer a wonderful prospect for buyers and individuals who choose to make earnings straight from the leased pool scheme that enables for a return to homeowners should they be not utilizing their properties.”
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October 2019
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