Description

The DAMAC Tower Amman (The Heights) has emerged as a premier choice for UAE residents seeking portfolio diversification, high rental yields, and a stable second home in the heart of the Middle East. Here is why this iconic skyscraper in the Al Abdali district is the talk of the regional investment circuit.

1. A Global Brand in a Growing Market

When you invest in a luxury apartment in Amman, brand trust is paramount. DAMAC Tower Amman brings the same world-class DNA found in Dubai’s Business Bay or Dubai Marina. For UAE investors, this familiar luxury offers peace of mind.

The Abdali Advantage: Located in Amman’s “New Downtown,” the tower is steps away from the Abdali Mall and The Boulevard, making it the most prestigious address in the city.
Architectural Excellence: With its 35-story silhouette, it offers the best views of the Amman financial district, rivaling the high-rise lifestyle of the UAE.

2. Unbeatable ROI and Rental Yields

While the UAE market remains robust, real estate in Jordan offers a different kind of stability. The DAMAC Tower is a magnet for expats, diplomats, and business travelers who frequent the Abdali business hub.

High Occupancy: Units in DAMAC Tower Amman are consistently in demand for both long-term corporate leases and high-end short-term rentals.
Price Appreciation: With the 2026 market showing a 2–4% steady growth in Jordan’s residential index, early entry into prestigious towers like DAMAC ensures significant capital gains.

3. Strategic “Second Home” for UAE Residents

Amman is just a short, three-hour flight from Dubai or Abu Dhabi. For UAE-based families, owning a property in Amman serves as a perfect summer retreat.

Lifestyle Amenities: The tower features a temperature-controlled swimming pool, a state-of-the-art gymnasium, and a spa/sauna, mirroring the amenities UAE residents expect.

Mediterranean Climate: Escape the humid Gulf summers for the cool, breezy evenings of Amman.

Residency and Ease of Investment

Jordan has streamlined the process for Arab nationals and international investors.

Residency by Investment: Investing in Jordanian real estate (typically above JOD 200,000) can pave the way for long-term residency, a major draw for UAE-based expats looking for a regional “Plan B.”
Stable Currency: The Jordanian Dinar is pegged to the USD, much like the UAE Dirham, providing a familiar layer of financial security against currency volatility.

5. Proximity to Amman’s Landmarks

Living in or owning a unit at DAMAC Tower means being at the center of everything:

Business: Close to the Parliament and major corporate headquarters.
Leisure: Immediate access to The Boulevard’s luxury retail and dining.
Tourism: A strategic base for trips to the Dead Sea (45 mins) or the ancient ruins of Jerash.