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DAMAC Properties to commence sale of Dubai resi scheme

DAMAC Real Estate Development Ltd.'s DAMAC Properties will start selling its residential development Aurum Villas on June 7, with villas priced at 1.6 million United Arab Emirates dirhams

Aurum Villas is located within Dubai's international golf community AKOYA Oxygen.

The company has offered investors and customers the option to pay 60% of the property value upon completion.

As of June 6, US$1 was equivalent to 3.67 United Arab Emirates dirhams.