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Iconic DIFC Property Burj Daman Set For Drastic Price Increase, 40% Appreciation Forecast

Iconic DIFC Property Burj Daman Set For Drastic Price Increase, 40% Appreciation Forecast


2023-04-18 02:19:46
(MENAFN- Mid-East.Info)

Driven Properties, a leading real estate brokerage, has made a bold prediction that the prices of apartments in the prestigious Burj Daman building in DIFC will surge by 40% based on recent acquisitions and a bullish market outlook.

In a rare example of institutional funds making large transactions in Dubai, Driven Properties recently purchased 56 units in Burj Daman from ADX-listed Eshraq Investments for AED 158 million. The apartments were bought for AED 1,567 per sq.ft. in a strategic move that Driven Properties Founder & CEO Abdullah Alajaji describes as“the perfect macro play on the Dubai real estate market.”

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Mid-East Info

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