Dubai
developer Damac Properties has announced it will give away a luxury BMW
luxury car with each unit purchased during Ramadan as part of its
special promotion during the holy month.
Customers signing on the dotted line for a property will be presented
with a luxury car, including the BMW 520i and the BMW 320i and the
promotion extends outside the UAE to buyers from Saudi Arabia, Qatar and
Kuwait, who will be able to take collection of the vehicles in their
home country.
"Damac Properties has always been known for leading the market with
attractive offers on luxury projects at key times of the year," said
Ziad El Chaar, Managing Director, Damac Properties. "Overseas investors
in particular are always looking for that something extra to catch their
attention; something special, when investing in Dubai real estate."
Earlier this year, Emaar chairman Mohamed Alabbar hit out at
developers who offer free cars with apartment purchases, saying it is
"unethical" and that the Dubai government should look into the practice.
In an interview published in Arabian Business, the Emaar chairman,
who did not name any specific developers or offers, said: "I guess I
want the customer, especially those overseas, to be careful who they
deal with. I worry about these investors from abroad who buy an
apartment and they promise them a plane or a car or whatever. In my
opinion this is just so unethical... I do proper business every day, I
think what others do, it's a matter for the government to look into.
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