DAMAC Properties is offering a luxury residential development in Business Bay called Reva Residence. Overlooking the Dubai Canal, the residences are one and two bedroom luxury apartments. According to the Chief Executive Officer (CEO) of DAMAC, Hussain Sajwani, the development includes world class amenities and 24 hour concierge. The affordable apartments are located in the heart of Dubai.
The area of Business Bay is an up and coming area that includes an entertainment, leisure and business district. The incredible views, as well as the exquisite interior of the apartments live up to the lavish and elegant lifestyle that has become the Business Bay area. The development brings to the neighborhood just about everything a young couple or an individual executive in a residence.
Those that choose to live at Reva Residence will have the opportunity to experience the retail, entertainment and dining opportunities the area has to offer. The neighborhood has become a much sought after area that has waterside bicycle and jogging paths and a variety of parks. Right next door, tenants of the area will find the world’s largest shopping mall.
Reva Residence boasts a 24-hour concierge and reception area in a most elegant lobby, a temperature controlled swimming pool, landscaped gardens, a children’s play area, an outdoor courtyard, steam and sauna, and a state of the art gym and fitness center. The apartments all have spacious bathrooms and well appointed kitchens. DAMAC offers competitive payment plans with a one percent payment plan each month.
DAMAC Properties was founded in 2002 by Hussain Ali Habib Sajwani. The company focuses on commercial, leisure and residential real estate development. The company is located in Dubai in the United Arab Emirates. Under the direction and leadership of Hussain Sajwani, the owner and CEO of DAMAC Properties, the company builds top of the line luxury developments and with aggressive marketing strategies in place he employs a business model that includes off-plan sales.
Hussain Sajwani, the owner of DAMAC Properties keeps an eye to the future and has the ability to make corrections as the economy and customer needs and wants change. Sajwani has developed three business strategies for his business and include paying cash for land, keeping escrow accounts independent from everything else and never transfer cash from one account to another and retain cash reserves and keep them in government bonds or fixed deposits.