DAMAC Properties Fosters Entrepreneurial Talent

Company facilitates an enriching field trip for 50 Kingston University London’s masters students

UAE

DAMAC Properties, one of the region’s largest luxury real estate developers, has recently organised a field trip for 50 master’s students from the Kingston University London who were in Dubai on an educational visit. The initiative comes as part of DAMAC’s on-going collaboration with the university that commenced three years ago, with an objective to foster the talents of the next generation of entrepreneurs and construction professionals.

As part of the field trip, the DAMAC Properties team shared site plans, technical details and insights about their developments with the students to give them the opportunity to produce a comprehensive cost plan for the construction of a prospective hotel after carrying out feasibility studies and research on three assigned plots. In addition, they also visited a completed hospitality project and construction sites, and toured the Trump International Golf Club Dubai in DAMAC Hills to develop a better understanding of the various phases involved in the construction and operation of a hospitality real estate project.

Niall McLoughlin, Senior Vice President, DAMAC Properties, said: “It was our pleasure to host this talented group of students from the Kingston University London and facilitate this field visit to help enrich their knowledge and understanding of the real estate sector. Supporting future entrepreneurs through first-hand learning experiences like those offered during this field trip is an important extension of our mandate. Moreover, we look at this opportunity as a significant knowledge-sharing exercise that provides the participant students with deeper insights on real-life working environments while also encouraging our own teams to welcome and consider fresh ideas and opinions.”

Expected to graduate soon, the students acknowledged the field trip as the key highlight of their course and found the lessons gained from the opportunity to be valuable and constructive. Throughout their stay, they were hosted at DAMAC Maison Royale The Distinction, the most prestigious property in DAMAC’s hospitality portfolio, located in the Burj area of Dubai.
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According to press release, DAMAC Properties has been at the forefront of the Middle East’s luxury real estate market since 2002 – bringing luxury living experiences to residents from all over the world. Making its mark at the highest end of stylish living, DAMAC Properties has cemented its place as the leading luxury developer in the region, offering iconic design and the upmost quality. The company’s footprint now extends across the Middle East with projects in the UAE, Saudi Arabia, Qatar, Jordan, Lebanon and the United Kingdom.

As of 31st December 2016, DAMAC Properties has delivered approximately 17,900 homes. The company has a development portfolio of over 44,000 units at various stages of progress and planning, comprising more than 13,000 hotel rooms, serviced apartments and hotel villas, which will be managed by its hospitality arm, DAMAC Hotels & Resorts. With vision and momentum, DAMAC Properties is building the next generation of Middle East luxury living.

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