S\u00e3o Paulo \u2013 One of the largest construction and real estate development companies in the United Arab Emirates, Damac Properties is looking for Brazilian clients to invest or live in the Gulf country. \u201cWe have customers from Russia, the United Kingdom, China, and the United States. And there\u2019s a reason they\u2019re investing. Brazilians need to become aware of this,\u201d Suhair Alqadasy, president of the real estate company HomeSphere, a partner of Damac, told ANBA.<\/p>\n
Alqadasy, Damac’s Business Development director for Latin America Liliana Velasquez, and sales manager Tarek Abdelhalim visited the Arab-Brazilian Chamber of Commerce (ABCC) headquarters in S\u00e3o Paulo this Wednesday (31). The meeting also had the presence of the ABCC\u2019s president, Osmar Chohfi, International Relations vice president Mohamad Mourad, and New Business director Estev\u00e3o Margotti de Carvalho (pictured above, all the meeting participants)<\/em>.<\/p>\n On Monday (29) and Tuesday (30), Damac was one of the companies participating in the Real Estate Show United Arab Emirates 2024 IPS Congress, held in S\u00e3o Paulo by the Embassy of the UAE in Bras\u00edlia, Consulate General of the UAE in S\u00e3o Paulo, and the International Property Show (IPS), with support from the ABCC.<\/p>\n Faced with \u201ccompetition\u201d from cities like Miami, USA, which attracts Brazilian buyers at a similar cost to Dubai, Alqadasy said it is not just about price. \u201cIt is about destination, which needs to be safe for your life, family, and business. She mentioned some attractions the UAE and its cities, such as Dubai and the capital, Abu Dhabi, offer \u2013 Prime urban infrastructure, safety, tolerance, and sustainability.<\/p>\n The executives commented that Damac has already been to Brazil on other occasions and knows that the investment potential of clients in Brazil and Latin America deserves to be explored. The executives also commented the UAE market is prepared to meet the demands of foreign investors, who are already the vast majority of real estate buyers there. The Emirati public, they said, represents a small portion of buyers, as the country\u2019s population is mainly made up of foreigners.<\/p>\n Damac executives highlighted the benefits of investing in the country \u2013 low interest rate, no tax on property income, ease of obtaining residence visas, and flexibility in financing conditions. \u201cOur countries already have a friendly and consolidated relationship, but we think there are opportunities for their citizens to become even closer,\u201d said the executive.<\/p>\n Translated by El\u00fasio Brasileiro<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":" The UAE-based real estate development company is looking for clients to invest and live in the Arab country. During a visit to the Arab-Brazilian Chamber headquarters, Damac presented opportunities.<\/p>\n","protected":false},"author":2317,"featured_media":358120,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[107],"tags":[11909,559,26930,47316,26555,23864,26994,26557,496,41688],"class_list":{"0":"post-359246","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-business-opportunities","8":"tag-abu-dhabi-en-2","9":"tag-arab-brazilian-chamber-of-commerce","10":"tag-camara-de-comercio-arabe-brasileira-en","11":"tag-damac","12":"tag-dubai-en-2","13":"tag-emirados-en-2","14":"tag-emirates-en-3","15":"tag-investimentos-en","16":"tag-investments","17":"tag-uae-en-2"},"wps_subtitle":"The UAE-based real estate development company is looking for clients to invest and live in the Arab country. During a visit to the Arab-Brazilian Chamber headquarters, Damac presented opportunities.","_links":{"self":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/359246","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/users\/2317"}],"replies":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/comments?post=359246"}],"version-history":[{"count":0,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/359246\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/media\/358120"}],"wp:attachment":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/media?parent=359246"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/categories?post=359246"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/tags?post=359246"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}