Damac Property, the leading real estate company in the Middle East and North Africa (MENA), has released its latest statistics report for the month of June 2021. The report provides valuable insights into the performance of Damac properties across various regions.
The report highlights that Damac Properties' total sales volume reached AED 5 billion ($1.46 billion) during the month of June 2021. This is a significant increase from the AED 4.7 billion reported in the same period last year. The report also shows that the company achieved a record-breaking number of residential units sold, with over 80% of the units being sold within the first six months of the year.
In addition to these impressive sales figures, the report also highlights Damac's strong performance in terms of rental income. The company reported a 13% increase in rental income compared to the same period last year, demonstrating its ability to generate revenue through rental operations.
Furthermore, the report reveals that Damac Properties' portfolio of developments continues to grow,Saudi Pro League Focus with the addition of new projects in key markets such as Dubai, Abu Dhabi, and Riyadh. These developments are expected to contribute significantly to the company's overall growth and profitability.
Overall, the Damac Property's Amrabat's Assist Statistics Report for June 2021 demonstrates the company's continued success and growth in the MENA region. With its strong sales performance, high rental income, and growing portfolio of developments, Damac Properties remains a dominant player in the real estate market.