O
NE Investments has partnered with DAMAC Properties, a leading global developer, to offer exclusive Dubai properties to international investors seeking lucrative returns. This strategic collaboration grants ONE Investments exclusive rights to market and sell DAMAC's luxury developments across the US.

    DAMAC, founded by Hussain Sajwani in 2002, is the largest private luxury real estate developer in Dubai, with over 47,000 units completed and 30,000+ under development. Its luxury portfolio features collaborations with high-end brands like Fendi, Paramount Hotels & Resorts, Trump International, and Roberto Cavalli.

    The partnership aims to raise the standards of luxury real estate transactions in Dubai's booming market, which has seen significant growth in recent years. ONE Investments, a leading real estate advisory, specializes in bridging the gap for international clients looking to purchase property in Dubai from the Western world.

    Hamid Jaafri, CEO of ONE Investments, expressed his excitement about the collaboration, stating that it will enable them to provide the best product and service to their clients. The partnership comes as demand for luxury real estate continues to surge, particularly from international investors.

    The Dubai property market has witnessed over $13.5 billion in deals in July 2024 alone, with a 30% year-on-year rise in transactions valued at approximately $33.46 billion in the first half of 2024. Around 80% of units launched since 2022 have already been sold, indicating swift absorption of new inventory.

    ONE Investments' offices in London, Dubai, and Houston are designed to assist a global clientele through the complexities of purchasing property in Dubai. Achraf Jaouhar, Senior Vice President of Sales at DAMAC, noted that this partnership represents a key milestone for DAMAC as they continue to adapt to the needs of their clients.

    The collaboration promises to raise the standard of the global property investment experience and provide excellent investment opportunities for international buyers.