A cocktail party to introduce a new synergy: House&Loft and Damac Properties

MILAN CORSO VENEZIA 24

NOVEMBER 17, 2022 7 p.m.

The partnership between the two real estate companies was unveiled during a cockail party held at House&Loft’s Milan offices. The goal? Bringing Italian investment in luxury real estate to Dubai

The two real estate companies, leading players in the international luxury real estate market, join forces in a partnership that looks confidently to the future.

House & Loft, founded in 2001 by Luca Santoro, now president, has been the protagonist in all these years of thousands of real estate transactions of lofts, villas, historic mansions castles, penthouses and charming apartments in the most renowned Italian and international locations.

Damac Properties, is currently the second-largest real estate development company in the Emirates, based in Dubai, founded in 2002 and listed on the Emirates city’s financial market. At the head is tycoon Hussain Sajwani, founder and chairman of the real estate group.

The company recently purchased the fashion house Roberto Cavalli.

The goal of the partnership of the two companies is to bring major Italian investments in a number of real estate operations to Dubai. Among them , Damac Safa One, a project by luxury jewelry brand De Grisogono that is a tropical paradise at the height of luxury inspired by emeralds and nature that opens onto Safa Park, the city’s most beautiful and famous park.

Why invest in Dubai? In summary


✔️ Dubai is exempt from income tax for residents and not subject to value-added tax for investors

✔️ It is ranked third in the FDI Ranking of Global Cities of the Future

✔️ The United Arab Emirates is the No. 1 country in the world for macroeconomic stability according to the World Economic Forum and ranks as the second safest country.

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