Damac Heights Premium Flip and Renovation

The Objective

Investment Objective
Execute a premium repositioning strategy in a prime Dubai Marina tower, converting a standard 2 bedroom unit into a turnkey product aligned with luxury buyer expectations.

Target Outcomes

Secure a defensible entry price in a well-established, liquid tower
Deliver a premium renovation with strict capex governance
Reposition the asset for resale with clear buyer narrative and documentation
Complete the cycle within a defined hold period while protecting downside

Key Constraints

Building standards and execution logistics in a luxury high-rise environment
Renovation delivered under a fixed budget with controlled scope decisions
All payments executed directly by the client, Batimmo never holds client funds

This mandate focused on disciplined execution in a mature luxury tower, where quality and budget control drive exit performance.

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The Solution

Execution Overview
Battimo delivered end-to-end buy-side execution for this Dubai Marina flip, managing the full workflow from sourcing to renovation delivery and resale readiness. The focus was to extract value through a premium upgrade, tight scope control, and consistent delivery quality that supports a higher exit price.

Scope of Work

Sourcing and entry screening to secure the right unit and entry pricing
Renovation strategy including finish level, layout optimization, and capex planning
Delivery control with contractor coordination and on-site follow up
Resale preparation with product positioning, documentation, and sale readiness

Workplan and governance

Phase	Battimo role	Output
Sourcing and entry	Deal screening, negotiation support	Entry thesis and budget envelope
Renovation strategy	Scope definition, finish direction	Renovation plan and capex control
Delivery control	Contractor coordination, site follow up	Checkpoints and issue tracking
Resale preparation	Positioning and readiness pack	Turnkey product for exit

Execution discipline came from controlling scope, protecting the budget, and delivering a consistent premium finish.

Financials (deal summary)

Item	Amount (AED)
Acquisition price	2,800,000
Renovation capex	344,000
DLD fee (4%)	112,000
Total capex	3,256,000
Exit value	3,980,000
Net profit	724,000

Performance

Metric	Result
ROI on total capex	22.23%
Annualized ROI (13 months)	20.52%

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Key execution drivers

Premium upgrade within a fixed capex envelope
Tight scope control to prevent budget drift
High-rise delivery coordination and QA
Exit positioning aligned with Dubai Marina demand

The Result

Profit

724k

Net profit generated after total capex and DLD costs.

Revenue

3.98M

Exit value achieved post premium renovation in Dubai Marina.

Success

22.23%

ROI on total deployed capex over a 13 month execution cycle.

Client

Confidential Investor

Service

Acquisition Mandate

Location

Marina

Battimo brought clarity and discipline to our acquisition process in Dubai. From underwriting to due diligence coordination, the team kept us aligned on the business plan and helped us make confident decisions at each step.

David Napiot

Dubai, UAE

What we valued most was the structured approach and the quality of the investment memo. Batimmo helped us stress test assumptions, quantify downside risk, and move forward with a clear strategy and timeline.

Bruno Cerquiera

Paris, France

Reliable, responsive, and highly organized. Batimmo coordinated the transaction processes smoothly and ensured we stayed in control throughout. All payments were executed directly by us, with Batimmo providing advisory and coordination only.

Fabrizio Rolle

Milano, Italy

Faq's

Frequently Asked Questions