UAE property developer Damac sells US$400 million Islamic bond

April 19, 2023

DUBAI-BASED real estate developer Damac on Tuesday (Apr 18) sold a three-year US$400 million Islamic bond, or sukuk, amid a strong rebound in the emirate’s real estate sector.

Written by: sherwin@eyeconz.com

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Since most property valuation is derived by a neighbourhood of reasons, we felt that there are no better ways of informing our clients than making sense of current affairs. We advise buyers and sellers throughout your real estate purchase or sale process, ideally looking out for you. Contact Us!

UAE property developer Damac sells US$400 million Islamic bond

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Excelsior Hotel and Shopping Complex en bloc tender closed; private talks ongoing

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Since most property valuation is derived by a neighbourhood of reasons, we felt that there are no better ways of informing our clients than making sense of current affairs. We advise buyers and sellers throughout your real estate purchase or sale process, ideally looking out for you. Contact Us!