DAMAC Properties has announced the opening of its latest international sales centre in Shanghai, China on 12 December, 2023. The new DAMAC Properties sales office in Shanghai comes in light of growing demand from China which notably, according to a recent real estate report, re-entered the Dubai property market in the second quarter of 2023. DAMAC Properties' latest sales centre will offer investors hyper-localised insight into the organisation's geographies, tailored to the unique needs and requirements of the Chinese market.

To further reinforce their dedication to Chinese investors, DAMAC Properties recently concluded their participation in Shanghai's Luxury Property Showcase (LPS), held between 8 and 10 December 2023. At its 22nd consecutive edition this year, LPS saw over 140 luxury real estate companies from around the world come together to engage with the city's elite property purchasers at the prestigious Shanghai Exhibition Center. At LPS, DAMAC showcased nine of their most acclaimed projects, including DAMAC Tower Nine Elms London, Europe's first Versace-branded luxury residence tower, Safa Two de GRISOGONO, overlooking the iconic Dubai Canal and Canal Crown de GRISOGONO.