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DAMAC has officially opened its new Cairo sales office at the iconic Grand Egyptian Museum, strengthening its presence in one of its fastest-growing international markets. The launch coincides with the debut of DAMAC Islands 2, following record-breaking success in 2024. With rising demand from Egyptian investors and exceptional market performance, DAMAC continues to elevate its global expansion strategy.
Key Highlights:
- Strategic Cairo Expansion: DAMAC opens a new sales office at the prestigious Grand Egyptian Museum, overlooking the Pyramids of Giza.
- Strong Egyptian Investment Demand: Egyptians rank among the top 10 nationalities investing in DAMAC homes, with double-digit sales growth.
- Forecasted Market Increase: DAMAC expects Egyptian market sales to grow by another 20% in 2026.
- Launch of DAMAC Islands 2: Guests received an exclusive preview of the new luxury island community inspired by eight tropical destinations.
- Record Performance of DAMAC Islands 1: Achieved AED 10 billion in sales within 24 hours, earning a Guinness World Record.
- Premium Event Lineup: Legendary musician Omar Khairat performed, alongside a curated stage performance by Hadi Awada.
- Dubai Market Momentum: Dubai real estate transactions grew 40% YoY in H1 2025, with DAMAC communities leading villa and townhouse sales.
- Exceptional Price Growth: Since launch, DAMAC Islands 1 townhouses increased by 86%, villas by 72%, and DAMAC Hills 2 townhouses by 60%.
- Luxurious Home Options: DAMAC Islands 2 will feature 4–6 bedroom luxury villas, twin villas, and townhouses, with starting prices from AED 2.7 million.
- Reinforcing Cairo–Dubai Synergy: The new office strengthens cross-regional investment ties between two major real estate hubs.
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