More than 7,000 sales consultants and 1200 Investors set to attend Programmes across the Country

More than 7,000 sales consultants and 1,200 savvy international property investors are set to attend business seminars across China, focusing on the investment opportunities in the Dubai real estate market.

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DAMAC Towers by Paramount Hotels & Resorts - one of the many iconic projects under development in Dubai by DAMAC Properties. (Photo: Business Wire)

Staff at 5i5j, one of the country’s leading real estate brokers, will attend training programmes in Beijing, Hangzhou, Shanghai and Tianjin to learn more about Dubai’s property market, which saw investment in excess of CNY 2.2 billion by Chinese investors last year up almost 300% compared to a year earlier.

A high-level delegation from one of Dubai’s leading luxury real estate developers, DAMAC Properties, will be visiting China to support the programme and showcase luxury living experiences in the United Arab Emirates.

“There is a big desire for top quality property in Dubai from savvy Chinese buyers and we expect to see investment top CNY 100 billion over the next few years as more investors turn to Dubai,” said Mr. Hu Jinghui, Vice President, 5i5j (B.A. & 5I5J Group). “DAMAC Properties is developing high-end luxury villas, apartments and hotel apartments in the city, which reflect the style and standards expected from Chinese buyers. We see this being one of our biggest international markets in the coming years.”

The programmes will look at the real estate laws and overseas international-standard investment regulations which has made Dubai one of the most attractive real estate markets in the world. The seminars will also focus on the array of luxury property across Dubai, from high-end villa communities such as AKOYA by DAMAC & AKOYA Oxygen which overlook international-standard golf courses managed by the Trump Organisation, through to private apartments looking out over the famous man-made island, the Palm Jumeirah, and exclusive Paramount Hotels & Resorts-branded hotel apartments with views of the world’s tallest tower, Burj Khalifa.

“Dubai has so much to offer investors from China,” said Ziad El Chaar, Managing Director, DAMAC Properties. “Through our collaboration with 5i5j (B.A. & 5I5J Group), we anticipate that these forthcoming events will allow serious investors the opportunity to discover more about the quality and range of luxury living experiences available in this beautiful city.”

To book a free place on any of the seminars, taking place each Saturday from 8-22 August 2015, interested parties can contact 5i5j (B.A. & 5I5J Group) on +86-10-51690279.

As of March 31st 2015, DAMAC Properties has delivered almost 14,000 homes and has a development portfolio of over 37,000 units at various stages of progress and planning. Included are more than 10,000 hotel rooms and serviced hotel apartments under development, which will be managed by its hospitality arm, DAMAC Hotels & Resorts.

Further information is available at www.damacproperties.com

Notes to editor: DAMAC Properties has been at the forefront of the Middle East’s luxury real estate market since 2002 – bringing luxury living experiences to residents from all over the world. Making its mark at the highest end of stylish living, DAMAC Properties has cemented its place as the leading luxury developer in the region, offering iconic design and the upmost quality. The company’s footprint now extends across the Middle East with projects in the UAE, Qatar, Saudi Arabia, Jordan and Lebanon.

With vision and momentum, DAMAC Properties is building the next generation of Middle East luxury living.

Follow DAMAC Properties on Facebook, Twitter (@DAMACOfficial) and YouTube.

DAMACNiall McLoughlin, Tel: +971 4 3731000Senior Vice President - Corporate CommunicationsFax: 00 9714 3732335Email: niall.mcloughlin@damacgroup.com