Burj Daman Apartments Offices for Sale & Rent

Daman Investments launched Daman Real Estate Capital Partners (Daman Recap) in 2005 to invest and develop mixed use development in DIFC, comprising of a 5 star hotel, branded residences, penthouses, apartments and offices. Daman Investments, the investment manager, raised a total of USD 200m in equity and debt towards capitalization of the investment vehicle.

This unique ownership structure, along with the overall project finance model, which includes equity, non-recourse debt and re-invested project revenue, provided investors with the opportunity to participate in a major development through a unique private equity model. The exit for Daman Recap is targeted for 2015.