DAMAC reports rise in demand for premium residential projects
22-Feb-2012
Dubai-based Damac Properties has registered a marked increase in buyer interest in its portfolio of completed and near-completed projects across the Middle East, Arab News has reported. "Reports of increasing demand are being reflected in our diminishing supply of inventory in our completed projects," said Niall Mc Loughlin, senior vice president of Damac Properties. "At Damac Properties, we have very few apartments left in our projects which have been handed over, and we are now seeing investors shift their focus to projects which are more than 60% complete."
