{"id":25215,"date":"2016-09-06T23:38:07","date_gmt":"2016-09-06T16:38:07","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/?p=25215"},"modified":"2016-09-06T21:41:11","modified_gmt":"2016-09-06T14:41:11","slug":"damac-to-open-sales-offices-in-china","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/damac-to-open-sales-offices-in-china\/","title":{"rendered":"Damac to open sales offices in China"},"content":{"rendered":"<p>&#013;<br \/>\nDamac, the developer based in Dubai, is to open three new offices in China to market its projects more effectively to Chinese buyers. Damac is planning to open business development offices in Beijing, Shanghai and Shenzhen to work with local brokers to promote its products, said Ziad El Chaar, the company&#8217;s managing director.Damac took the decision to open offices after its success in selling to Chinese buyers through two deals agreed with the Beijing broker 5i5j and Shenzhen-based Qfang.com last year. This was backed up by a series of roadshows promoting both Dubai and its own portfolio in the country.&#8221;We&#8217;re going to have our own staff on the ground working with these real estate brokerages,&#8221; said Mr El Chaar. Damac held presentations in China that pointed out the favourable tax comparison between Dubai and other cities favoured by Chinese investors such as London, Los Angeles, Kuala Lumpur, Melbourne, Sydney and Singapore.__________Photo gallery\u25a0 New property projects at Cityscape Global 2016 in Dubai &#8211; in pictures__________Dubai&#8217;s tourism and cultural attractions and the number of international schools, hospitals and universities in the emirate are a big selling point among those looking for university places for children, or a suitable medical facility.&#8221;Now they understand that there is a much closer option &#8211; a more family-orientated option &#8211; than having to cross to Vancouver, or to go to Manchester, or to London,&#8221; said Mr El Chaar. A decision by China&#8217;s Communist Party to relax rules on family planning, allowing couples to have two children, has led to a baby boom in the country that has placed a strain on hospital maternity units, he said.&#8221;So now many in China are now looking to send the wife and the mother at the fourth or fifth month to deliver outside in a proper hospital, and this is where we are coming in,&#8221; said Mr El Chaar. Damac&#8217;s Chinese offices will each initially be staffed by two senior business development personnel, whose job will be to recruit sales staff from the local market, assess potential partnerships with other brokerages and moves into new cities. The company will focus on the places where there are flights to Dubai, including Zhengzhou and Yinchuan.Meanwhile, Damac on Tuesday announced the launch of the second phase of Akoya Imagine villas at Akoya Oxygen. The three-bedroom villas will have a starting price of Dh999,999. mfahy@thenational.aeFollow The National&#8217;s Business section on Twitter&#013;<br \/>\n&#013;<br \/>\nSource : thenational.ae&#013;<br \/>\nRead more&#8230;<a href=\"http:\/\/www.thenational.ae\/business\/property\/damac-to-open-sales-offices-in-china\" target=\"_blank\">Damac to open sales offices in China<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; Damac, the developer based in Dubai, is to open three new offices in China to&#46;&#46;&#46;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-25215","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-6yH","jetpack-related-posts":[{"id":55227,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/damac-properties-managing-director-ziad-el-chaar-resigns\/","url_meta":{"origin":25215,"position":0},"title":"Damac Properties managing director Ziad El Chaar resigns","date":"May 18, 2017","format":false,"excerpt":"\r Ziad El Chaar, the managing director and executive board member of Damac Properties, has resigned, the developer said on Thursday, without citing a reason for his departure.The company did not name a replacement for Mr El Chaar in a Dubai bourse filing.Mr El Chaar became managing director in 2011,\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":4830,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/damac-chief-stays-bullish-on-future-of-dubai-real-estate\/","url_meta":{"origin":25215,"position":1},"title":"Damac chief stays bullish on future of Dubai real estate","date":"February 15, 2016","format":false,"excerpt":"\r Ziad El Chaar had pledged to \u201cgo on TV naked\u201d if property prices drop further in 2016\r \r Source : arabianbusiness.com\r Read more...Damac chief stays bullish on future of Dubai real estate","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":25323,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/damac-announces-inverted-villas-for-akoya-community-in-dubai\/","url_meta":{"origin":25215,"position":2},"title":"Damac announces inverted villas for Akoya community in Dubai","date":"September 7, 2016","format":false,"excerpt":"\r The National staffThe Dubai developer Damac is turning its architecture upside-down with a villa concept in its flagship master development Akoya that puts an infinity swimming pool on the first floor.Damac says the \"inverted\" XV Villas plan, announced at Cityscape Dubai 2016, feature living spaces on the first floor\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":18412,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/damac-targets-younger-home-buyers-with-akoya-imagine-launch-in-dubai\/","url_meta":{"origin":25215,"position":3},"title":"Damac targets younger home buyers with Akoya Imagine launch in Dubai","date":"July 3, 2016","format":false,"excerpt":"\r The Dubai property developer Damac has launched a new series of villas at its 55 million sq ft Akoya Oxygen project aimed at younger home buyers.The company said that the Akoya Imagine units, which will consist of three- and five-bed villas with a starting price of Dh1.2 million, have\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":20762,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/damac-to-launch-phase-two-of-akoya-imagine-jumeirah-golf-estates-puts-new-villas-on-market\/","url_meta":{"origin":25215,"position":4},"title":"Damac to launch phase two of Akoya Imagine, Jumeirah Golf Estates puts new villas on market","date":"July 25, 2016","format":false,"excerpt":"\r Damac Properties has said that phase one of its Akoya Imagine villa scheme in Dubai has sold out, while the launch of the second phase will be on July 30.The villas were designed and priced to attract professionals in the under 35 age group, according to Damac. They have\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":56872,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/saudi-developer-dar-al-arkan-appoints-former-damac-managing-director-el-chaar-as-chief-executive\/","url_meta":{"origin":25215,"position":5},"title":"Saudi developer Dar Al Arkan appoints former Damac managing director El Chaar as chief executive","date":"June 4, 2017","format":false,"excerpt":"\r Ziad El Chaar, the former managing director of Damac Properties, has been appointed as the chief executive of Riyadh-based property developer Dar Al Arkan, the Saudi company said on Sunday.Dar Al Arkan's board approved a proposal for Mr El Chaar to become chief executive last Thursday, effective immediately, the\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/25215"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=25215"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/25215\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=25215"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=25215"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=25215"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}