In a transformative move for Zimbabwean investors, Damac Properties, a leading luxury real estate developer based in Dubai, has officially joined forces with Golden Knot Holdings, a diversified and reputable business entity in Zimbabwe.
This partnership is set to unlock exclusive real estate investment opportunities in Dubai, offering Zimbabweans an unparalleled gateway to one of the world’s most dynamic property markets.
From September 9-11, 2025, the two companies hosted the Exclusive Dubai Real Estate Meeting at the prestigious Royal Harare Golf Club. The event provided a unique platform for Zimbabwean investors to engage directly with representatives from Damac.
Mahmoud Helal from Damac Properties expressed his excitement about the collaboration highlighting their confidence in the partnership with Golden Knot Holdings.
“It is a pleasure to collaborate with Golden Knot Holdings, a credible player in Zimbabwe. Together, we are making real estate opportunities in the UAE accessible to locals.
We have a shared vision to facilitate meaningful investments that can transform lives and we believe this partnership births secure and amazing real estate investment for locals,” he said.
Golden Knot Holdings, which led by Group CEO Peace Pundu, has established a solid reputation in Zimbabwe over the past 20 years, operating across various sectors including insurance, education, healthcare, and financial services.
In her remarks, Pundu emphasised the significance of this partnership, highlighting how it connects Zimbabwean investors with premium real estate opportunities in one of the fastest-growing markets globally.
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“Through our collaboration with Damac, we are not just facilitating property purchases; we are transforming lives through strategic investments.
We are a brand that believes in service and we are proud to be the link between our local investors and their dreams in real estate. The world has gone global and there is beauty in exploring opportunities even beyond the motherland,” she said.
According to Damac Properties’ Mahmoud Helal, investing in Dubai real estate offers numerous advantages that make it highly attractive for Zimbabweans.
The city is known for its tax-free environment, with no property taxes or capital gains taxes, which allows investors to retain more of their returns.
Moreover, Dubai boasts some of the highest rental yields globally, averaging between 10-12%. In contrast, many major cities offer yields of only 2-4%.
“Dubai is one of the most attractive property markets in the world for several reasons. First, it is a tax-free environment, meaning investors keep more of their returns.
For Zimbabweans, this partnership means expanding wealth into a stable, globally recognised market while gaining lifestyle and citizenship benefits,” Helal added.
This perspective highlights not just the financial incentives, but also the broader lifestyle opportunities that come with investing in Dubai.
Where safety and inclusivity matter, Helal further position Dubai as an appealing destination for investment giving assurance for prospective investors highlighting that Dubai makes everyone feel welcomed and secure in their decision to invest.
“Dubai is a safe, modern, and globally connected city. It is only a 9-hour flight from Zimbabwe and positioned as a bridge between Africa, Europe, and Asia.
The government has also introduced investor-friendly visa programmes, allowing property buyers to secure long-term residency, which adds real lifestyle value to the investment,” he said.
Damac Properties’s Taher Betaddini also emphasised their company’s commitment to supporting Zimbabwean investors through this partnership.
“We are dedicated to providing a secure and reliable pathway for investors. The collaboration between Damac and Golden Knot Holdings offers a structured investment process that simplifies the complexities of overseas real estate transactions.
We are geared for this new development and we have made Zimbabwe our second home as we continue shedding more light about the opportunities that await real estate investors in Dubai,” she said.
Pundu reinforced this, saying, “Golden Knot understands the unique needs of Zimbabwean investors, providing a safe and reliable bridge to Dubai. We offer comprehensive support throughout the purchasing process, from asset management to legal assistance.
Through this partnership, Zimbabweans can access a wide range of properties, from luxury apartments in iconic towers to investment opportunities in master-planned communities. We offer flexible payment plans, making it accessible for both individuals seeking a second home and serious investors looking to capitalise on rental income potential,” she said.
While some investors may have faced challenges in the past, Betaddini reassured them of the security and stability offered by their partnership.
“Damac Properties has a proven track record, and our collaboration with Golden Knot embodies the same values of authenticity and customer care,” he stated, reflecting the confidence both companies share in their joint mission.
Golden Knot Holdings offers an end-to-end service that ensures a seamless investment experience. Their Authorised Dealer with Limited Authority (ALDA) Tier 1 license facilitates safe offshore payments, allowing clients to manage rentals and property purchases confidently. Furthermore, their in-house team of legal experts assists with drafting airtight agreements and navigating the conveyancing process, ensuring all transactions are conducted above board.
Pundu highlighted the importance of thorough asset management, stating, “We provide full asset management services starting from deed search and valuation to ensure legitimacy. Our expertise ensures that clients can invest with peace of mind, knowing that their interests are protected,” she said.
Damac properties’ Mohammed Ibrahim said the partnership between Damac Properties and Golden Knot Holdings offers unprecedented opportunities which must be embraced by all Zimbabwean investors.
“The partnership between Damac Properties and Golden Knot Holdings represents an unprecedented opportunity for Zimbabweans to invest in Dubai’s thriving real estate market. With a shared vision of transforming lives and enhancing financial futures, this collaboration not only opens the door to lucrative investment opportunities but also fosters a strong sense of community and support for Zimbabwean investors.
As we embark on this exciting journey, investors can be assured of a trusted partner committed to their success in one of the world’s most dynamic economies. Our doors are open and we are here to guide them all the way to their dreams,” he said.
