Dubai developer DAMAC has appointed Taylor Scott International as its broker in Kenya, with an immediate focus on the promotion of its properties at the upcoming Kenya Homes Expo, but with the broader aim of bringing the brand to the whole African market.
Now in its 20th year, Kenya Homes Expo, is the biggest homes exhibition in East and Central Africa, and offers an important platform for promoting sales in emerging African markets.
Among luxury Dubai properties being marketed in East Africa will be DAMAC Residenze, which are Fendi-styled marina apartments, the DAMAC Towers by Paramount Hotels & Resorts and the most recent AKOYA by DAMAC, AKOYA OXYGEN and Trump Estates.
Kosta Kioleoglou, Taylor Scott’s chief strategist, told opp-connect, “DAMAC has a selection that can please almost every need and budget, which will give Taylor Scott International’s clients have the opportunity to acquire some of the best available properties in Dubai today.”
Taylor Scott, which specialises in “spotting lucrative and unexploited property, land and forestry investments”, has eight offices worldwide, including one in Nairobi, and has plans to expand across eastern African through new offices in Uganda and Ghana within the next 18 months.
DAMAC has also just signed an agreement with Abu Dhabi Commercial Bank (ADCB) for a 50% off-plan mortgage for 25 years for residents and investors looking to buy properties in the 390,000-hectare golf community, AKOYA by DAMAC.
“This will give the opportunity to a large number of home seekers to purchase a high value property in one of Dubai’s leading master developments,” added Ziad El Chaar, MD of DAMAC Properties.
“Buyers looking to own their own home in a luxury development will now be able to do so, with a secure finance facility from one of the most trusted banks in the region.”