DAMAC Properties, one of the most prominent companies in the global luxury real estate development field based in Dubai, has finalized an ambitious strategic agreement with K&N Elite, a Spanish real estate agency specializing in exclusive properties. This collaboration aims to introduce and market in Spain the luxurious homes that DAMAC builds in Dubai, strengthening K&N Elite’s position as a key player in the luxury market both nationally and internationally.
With an impressive track record in the sector, DAMAC Properties has delivered over 42,000 homes and has plans to develop another 28,000 properties in various locations such as Dubai, London, and Riyadh. Among their most renowned projects are DAMAC Hills, offering luxury villas in a golf setting designed by the famous Tiger Woods, and DAMAC Lagoons, a residential complex reflecting the sophistication of the most exclusive Mediterranean destinations. These exemplary projects will now be accessible to K&N Elite’s clients.
Ihor Katrych, CEO of K&N Elite, emphasized the significance of this collaboration, describing it as a unique opportunity for their clients. “This collaboration with DAMAC positions us as leaders in the luxury real estate market. Our clients will have access to properties that represent the ultimate expression of exclusivity and design. In fact, we have already scheduled our first trip to Dubai with a Spanish investor, reflecting the great interest that this agreement has sparked,” Katrych stated.
Beyond opening the doors to exclusive properties in Dubai, the agreement between DAMAC and K&N Elite offers interested parties comprehensive advice on high-end real estate investments. The alliance also includes organizing trips for potential investors to visit and firsthand experience these unique properties.
This agreement establishes a significant bridge between Spain and Dubai in the competitive realm of the international luxury market. On one side, DAMAC brings its vast experience in developing high-end properties. On the other side, K&N Elite, with over a decade of experience in the market and a portfolio valued at over 3 billion euros, provides its knowledge of the Spanish context and solid network of international clients.
The collaboration between both companies promises to redefine Spanish buyers’ access to the luxury real estate market, offering unique opportunities and personalized focus for each client wishing to be part of this vibrant sector.
via: MiMub in Spanish