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DAMAC
Real Estate
0
International Company Branch
Iraq
Iraq
Baghdad
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Phone 1:
+964 77 12354929
Phone 2:
Not Available
Fax:
Not Available
Mobile:
+964 750 6775550
Manager Name:
Rami Jarar
Annual TurnOver:
Over USD 25 Million
Number of Employees:
Over 500
Founded In:
2002
Website:
www.damacproperties.com/en/section/projects
Address:
Iraq - Baghdad- al jadryia
Chamber Register No:
79559/02
Chamber Name:
Malak Al rafidain
Registered Date:
16/08/2011
Description:
DAMAC Properties Announces Strategic
Build Programme in Iraq
US$ 100 Million Princess Tower in Baghdad First Project to be
Announced
DAMAC Properties, the Middle East’s leading luxury private developer, has announced a
comprehensive strategic plan to expand its operations to Iraq.
DAMAC Properties
The company, which has completed 37 buildings and has a further 66 currently under construction
across sevens countries in the Middle East and North Africa, has begun work on Princess Tower –
a 26-storey, luxury furnished apartment complex in the heart of the Iraqi capital, Baghdad.
The US$ 100 million project is the first stage of a long-term commitment to the country, said Ziad
El Chaar, Managing Director, DAMAC Properties: “Iraq is a key market for us and the Princess
Tower is a clear sign of our commitment to build luxurious living environments in a country which
is seeing strong investment and capital growth. Iraqi nationals are looking to own in their own
property in Iraq and the population is growing 2.3% according to the World Bank as people return.”
Listing Date: 15 Jun 2013|Listing Update: 15 Jun 2013
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