DAMAC Suncity. Everything you need to know about it.

[@chandankumarsingh2657]

Thank you for the informative video. I have a question regarding property investments. Why would one consider investing in a 4-bedroom property under AED 3 million in Sun City when in Nov Damac Island is coming which offers more amenities? The only scenario where investing in Sun City would make sense, in my opinion, is if the starting prices for 4-bedroom properties on Damac Island begin at AED 3 million. What are your thoughts on this?

[@DubaiRealEstateNerd1]

Great question: 1. Damac Island will be a community bigger than Damac Hills 2. So if you are an investor you always need to keep an eye on how much inventory has to come in a community. 2. Historically if we look at Damac, investors of first 3 phases have made great profits. So we need to be watchful. 3. Damac Islands will have launches after launches for at-least 2 years. 4. Sun City makes sense because limited inventory, as of today it will be sold out and there will always be someone looking to buy a unit from you. Easier exit strategy. 5. Amenities are not the strongest point of Damac. They are yet to prove themselves when compared with let’s say Emaar.

[@chandankumarsingh2657]

@@DubaiRealEstateNerd1 THanks for the reply . Very insightful .

[@vinaykapoor7602]

EXCELLENT PRESENTATION

[@DubaiRealEstateNerd1]

Many thanks Vinay Sir. 🙏