Dubai / Emirates Business
Damac Properties announced the launch of its new project, ‘Zada’, in Dubai’s Business Bay area. Priced at AED 699,999, the exquisitely designed one-bedroom apartments offer views of the iconic Dubai Canal. The official launch will take place on June 29, and Damac is offering prospective buyers a chance to pay for the property in monthly instalments of AED 6,999 over five years.
Damac’s latest project comes as a response to the growing demand for accessible luxury in the region. Zada is strategically located within a master-planned community in Business Bay, and offers world-class amenities such as a swimming pool, a children’s playground, and a fitness centre, among others. Owing to its location in one of Dubai’s most coveted neighbourhoods, residents will also enjoy the best of shopping, dining, and entertainment experiences in their vicinity.
Speaking at the announcement, Niall McLoughlin, Senior Vice President, said, “We are thrilled to present Zada, Damac’s latest offering in the premium living segment. Dubai’s real estate market is evolving fast, and there is a growing demand for accessible luxury homes.
Zada offers the perfect combination of great location, life-enhancing amenities, Damac’s unmatched quality, and value for money. We hope that our customers take advantage of the incredible launch day offer when we officially launch the project on the June 29.”
The launch of Zada comes at a time when Damac is focused on completing its current pipeline of development projects. Earlier this year, the developer handed over 727 homes in Ghalia, its first certified Sharia-compliant luxury furnished apartments; and is preparing to handover more than 1500 units in the coming months.