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DAMAC Properties review: Paramaunt hotel c - misleading with false pitch promise of 8% guaranteed return

Ahmad Huseynli of QA

Jul 16, 2025 10:17 am EDT

Verified customer

Resolved

Replied

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Sales relationship manager said that I will get 8% of guaranteed return for 4 years. After I downpaid first 25% from total amount I demanded for a prove of that guaranteed return. It turned out that there is no such a 8% return, its calculated instead by the average of installments of the quarter. I refused to continue with the payments and installments at all. My downpayment was withhold and never returned. After 1 year they sent me a letter of notice to pay additional annual outstanding fees. Do not trust sales and the company pitch at all.

Claimed loss: 270,000

Desired outcome: Apologies and leave me alone. Stop courting. I don't want to deal with it. I have all the evidences of fraud and misleading messages to me from your sales.

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DAMAC Properties response

Sep 20, 2025 8:34 am EDT

DAMAC Properties customer support contacts

Phone numbers

+971 43 019 920

+971 43 731 000

Address

501, 5th Floor, Al Moosa Tower 2, Sheikh Zayed Road, Dubai, AE

Website

www.damacproperties.com

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Hello Ahmad,

We understand the importance of this matter and are committed to assisting you. Please share your contact number via Facebook Inbox/Twitter DM, and our team will get in touch promptly to provide support.

Regards,
Team DAMAC

Resolved

This complaint has been resolved automatically due to user's inactivity.

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DAMAC Properties Contacts

DAMAC Properties phone numbers

+971 43 019 920

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5%
Confidence score

Customer Service

+971 43 731 000

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5%
Confidence score

Head Office

+971 45 122 600

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Ocean Heights Office

+971 43 763 600

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Park Towers Office

+971 48 183 300

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20%
Confidence score

DAMAC Hills Office

+971 45 905 222

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Sheikh Zayed Road Sales Office

+966 112 932 883

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Riyadh, Saudi Arabia

+966 122 330 210

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Jeddah, Saudi Arabia

+974 44 666 986

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Doha, Qatar

+965 22 498 727

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Kuwait City, Kuwait

+961 81 647 200

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Beirut, Lebanon

+234 14 406 188

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Nigeria

+86 400 617 8008

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China

+91 226 184 2433

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India

+7 499 999 2402

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Russia

+971 4 515 6111

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More phone numbers

DAMAC Properties emails

corporatecommunications@damacgroup.com

100%
Confidence score: 100%

Support

socialdamac@gmail.com

100%
Confidence score: 100%

DAMAC Properties address

501, 5th Floor, Al Moosa Tower 2, Sheikh Zayed Road, Dubai, United Arab Emirates

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Oct 11, 2025
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