PRESS RELEASES
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DAMAC Suites & Spa’s first property Topped Out Luxury developer, DAMAC Properties has topped out construction at its landmark serviced Hotel Apartment development, Burjside Boulevard. With an exclusive and enviable address, directly opposite the Dubai Mall, ... 06-May-2012
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New Supply Won’t Impact Dubai Real Estate Recovery says DAMAC Properties In Dubai, everyone loves to talk about real estate. As a topic of conversation, it’s almost as common as the weather. People love to talk about property prices; they spend hours comparing rents with their frien ... 16-Apr-2012
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DAMAC Properties Completes The First Phase of Cairo Shopping Mega Mall The Middle East’s largest private developer DAMAC Properties has announced it has completed the first phase of its Cairo shopping mega mall. The developer has now started the process of handing over units wi ... 02-Apr-2012
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DAMAC Suites and Spa Offers Investors a Slice of Dubai’s Booming Hotel Industry Individual investors are being offered a unique opportunity to gain exposure to Dubai’s booming hotel industry via a “rental pool” program for luxury serviced apartments, announced today by DAMAC Suites and SPA ... 25-Mar-2012
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The Residences at Business Central “Topped Out” Luxury developer DAMAC Properties has “topped out” its 21 storey mixed-use residential project, The Residences at Business Central, which is located on the waterfront, opposite the Burj Khalifa. 26-Feb-2012
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Rise in demand for premium residential projects, says DAMAC Properties DAMAC Properties, the region’s largest private luxury developer, announced today a marked increase in buyer interest in its portfolio of completed and near-completed projects across the Middle East. 19-Feb-2012
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DAMAC Properties Offers 24% Rental Return Guarantee In its latest initiative aimed at boosting property sales, luxury developer DAMAC Properties is offering a 24% rental return guarantee on all units purchased within its Burjside Terrace serviced apartment devel ... 12-Feb-2012
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Damac showcases ‘Versace homes’ at 27th Janadriyah Festival DAMAC Properties announced today its participation at the 27th Janadriyah Festival, the national festival for Heritage and Culture; organized by the Saudi National Guard, under the patronage of King Abdullah bi ... 07-Feb-2012
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Surge in Tourists Stokes Property Sales in Dubai Record air traffic through the UAE’s airports in 2011 has been identified as one of the key reasons behind a surge in property sales to foreigners, according to luxury developer DAMAC Properties. 05-Feb-2012
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UAE Property Three Times Better than Money in the Bank The rental returns on premium real estate investments in the UAE are at least three times higher than having cash in the bank according to the Middle East’s largest private developer, DAMAC Properties. 04-Feb-2012
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Seeking the Island Dream in Abu Dhabi Demand for property on Abu Dhabi’s natural Al Reem Island, is outstripping other parts of the Emirate as people seek the ‘island dream’ according to luxury developer DAMAC Properties. 22-Jan-2012
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MENA Property a Safe Haven Amid Global Uncertainty in 2012 Global investors, seeking a safe haven for their wealth amid uncertain economic conditions, are increasingly shifting capital into MENA real estate, according to the region’s largest luxury developer DAMAC Prop ... 16-Jan-2012
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Buy a Property During DSF, Get a Lamborghini, BMW or Mini In the tradition of extravagant promotions during the Dubai Shopping Festival, luxury developer DAMAC Properties is giving away a car with properties purchased during the month-long festival. 04-Jan-2012
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UAE Company wins BIG On Global Stage One of the UAE’s most iconic projects, ‘Park Towers’ in the DIFC, has been voted the ‘world’s best’ in the ‘Best Mixed-Use Development’ category of the prestigious International Property Awards, held in London ... 22-Dec-2011
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DAMAC Properties Awards LL100.5 Billion Main Contract for Versace-branded Residence in Beirut The Middle East’s largest private luxury developer, DAMAC Properties, has announced it has awarded the main construction contract for its Versace-branded residential development, ‘DAMAC Tower’ in Beirut, Lebano ... 18-Dec-2011
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Interior Design the Key to Adding Value in the Kingdom Saudi Arabians are spending 10 times more on interiors than a year ago, as they seek to add value to their property investments according to the Middle East’s largest private developer DAMAC Properties. 15-Dec-2011
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Saudi Arabia to be Among World’s Top Ten Real Estate Markets in 2012 Saudi Arabia is forecast to become one of the best performing real estate markets in the world in 2012, according to the Middle East’s largest private developer DAMAC Properties. 11-Dec-2011
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DAMAC Properties’ to Launch Damac Residences with Interiors by Versace Home at Riyadh International Urban Development and Real Estate Investment Event Luxury developer DAMAC Properties will showcase its award-winning regional development portfolio at Riyadh International Urban Development and Real Estate Investment Event from December 11th to 13th 2011. 08-Dec-2011
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Dubai Developer to Represent Arabia at International Property Awards Luxury developer DAMAC Properties will represent Arabia next month in London at the world’s most prestigious real estate competition, ‘The International Property Awards.’ 01-Dec-2011
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‘Suburbia’ Topped Out in Downtown Jebel Ali The Middle East’s largest private developer, DAMAC Properties, has announced it has topped out its ‘Suburbia’ residential development in Downtown Jebel Ali. 23-Nov-2011
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DAMAC Properties Scoops Arabian Property Awards Luxury developer DAMAC Properties has announced it’s won five Arabian Property Awards, in what is now the sixth year running that the company has been successful in the world’s most prestigious real estate comp ... 25-Oct-2011
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‘Marina Bay’ Topped Out on Al Reem Island Luxury developer DAMAC Properties has announced it has topped out its 24 storey mixed-use ‘Marina Bay’ development on Al Reem Island in Abu Dhabi. 17-Oct-2011
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DAMAC Properties Hits Construction Milestones In Jordan DAMAC Properties, one of the largest private developers in the Middle East, has announced it has reached key construction milestones across its four projects in Amman, Jordan. 02-Oct-2011
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DAMAC Properties Hands Over More Units than Any Other UAE Developer in 2011 Luxury developer DAMAC Properties has announced at Cityscape that it has delivered more units in the UAE than any other developer in 2011. 28-Sep-2011
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DAMAC Properties Introduces 'DAMAC Suites and Spa' at Cityscape Luxury developer DAMAC Properties is using Cityscape Global to introduce a new serviced apartment offering; 'DAMAC Suites and Spa.' 26-Sep-2011
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DAMAC Properties to Unveil Total Luxury Experience at Cityscape Global The Middle East's largest independent developer DAMAC Properties will showcase its award-winning luxury development portfolio at Cityscape Global 2011. 19-Sep-2011
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Kuwait Investors Become Largest GCC Buyers of Dubai Real Estate Investors from Kuwait now account for nearly 60% of all properties purchased by GCC nationals in the emirate of Dubai, according to new figures from the UAE Ministry of Finance.* 08-Aug-2011
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DAMAC lights up Harrods with its latest lifestyle concept The Middle East's largest private, luxury developer, DAMAC Properties, has been overwhelmed by the positive response it's received during a month long summer promotion at London's iconic Harrods store. 25-Jul-2011
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DAMAC Properties' Park Towers in DIFC Receives Completion Certificate DAMAC Properties, the Middle East's largest independent developer, has announced it's received the completion certificate for its iconic 'Park Towers' development in the DIFC. 12-Jul-2011
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DAMAC Properties Launches Jeddah Residences with Versace Home Interiors at Harrods DAMAC Properties, one of the largest luxury developers in the Middle East, is using London's iconic 'Harrods' store to showcase 'The DAMAC Residences with Versace Home Interiors' in Jeddah. 04-Jul-2011
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$450 Billion Infrastructure Pipeline to Boost GCC Property Investments DAMAC Properties, the largest independent developer in the Middle East, is predicting that the US$452 billion of government spending on GCC infrastructure projects will begin to resonate in regional property ma ... 29-Jun-2011
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Main Works Begin on AED 508 Million 'DAMAC Heights' Tower DAMAC Properties, the Middle East's largest independent real estate developer has announced that main construction works have commenced at its AED 508 million residential development 'DAMAC Heights' at Dubai Ma ... 14-Jun-2011
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DUBAI'S TAX FREE PROPERTY STATUS LURES INDIAN INVESTORS Indian investors look to capitalise on the emirate's secure investment environment, tax-free returns and tightly regulated property market Tax-free returns are enticing an increasing number of Indian investors ... 09-Jun-2011
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DAMAC Properties' Luxury Portfolio on Display at Cityscape Jeddah DAMAC Properties, the Middle East's leading independent real estate company, will be showcasing its award-winning regional development portfolio at Cityscape Jeddah, at the Jeddah Centre for Forums and Events f ... 05-Jun-2011
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Logistics Growth Drives Interest in Jebel Ali Property DAMAC Properties, the largest independent developer in the Middle East, has announced it has reached the fourth level of its 'Suburbia' residential development adjacent to the Jebel Ali free zone. 31-May-2011
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Dubai Land Department Endorses DAMAC Properties to Process Re-sales Leading independent property developer, DAMAC Properties, has been selected by the Dubai Land Department as one of few developers to be granted access to the department's electronic property registry system (Oq ... 08-May-2011
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DAMAC PROPERTIES AWARDS MAIN CONTRACT IN JORDAN Luxury developer DAMAC Properties has announced it has awarded the main construction contract for the completion of its projects in Amman, Jordan to United Engineering Construction (UNEC) and El Concorde Constr ... 25-Apr-2011
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The region's largest independent property developer adds a new tower to the skyline of Abu Dhabi The region's largest independent property developer, DAMAC Properties, is adding a new tower to the skyline of Abu Dhabi's Al Reem Island, with its Marina Bay development already reaching the 7th floor. 17-Apr-2011
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DAMAC Properties awards contracts of over QR 600,000,000 in Qatar DAMAC Properties, the Middle East's largest independent real estate developer, has announced that it has awarded three main construction contracts in Qatar worth QR 602,685, 827. 13-Apr-2011
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Damac Properties Receives 96% Approval Rating for Dubai Development According to a recent customer survey by DAMAC Properties, the Middle East's leading independent real estate company, its Emirates Gardens development scored an unprecedented 96 per cent approval rating with re ... 10-Apr-2011
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INDIAN INVESTOR INTEREST WITH DUBAI PROPERTIES 60% CHEAPER THAN MUMBAI 07-Apr-2011
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BEIRUT'S REAL ESTATE MARKET CONTINUES TO GROW 06-Apr-2011
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DAMAC Properties to Participate in Kuwait Real Estate & Investment Exhibition DAMAC Properties, the Middle East’s leading independent real estate company, will be showcasing its award-winning regional development portfolio at the Kuwait Real Estate & Investment Exhibition, at the Kuwait ... 04-Apr-2011
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DAMAC Properties Hits Construction Milestone in Saudi Arabia DAMAC Properties, the largest private developer in the Middle East, has completed the raft foundation for its iconic ‘Al Jawharah Tower' in Jeddah, KSA. 27-Feb-2011
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DAMAC Properties Presents Luxury Apartment to Competition Winner 21-Feb-2011
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INTEREST IN HIGH END LUXURY PROPERTY AT TWO YEAR HIGH DAMAC Properties, one of the Middle East's leading international real estate investment companies, has today announced that interest in the company's luxury property segment is at its highest level in two years ... 12-Feb-2011
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Dubai Property Regulations a Model for Region Dubai's so-called 'Strata Law' will be a model for other developing property markets in the MENA region, according to the Middle East's largest private developer, DAMAC Properties. 08-Feb-2011
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DAMAC Properties – Strength to strength in KSA Continuing with a very positive momentum from 2010, Saudi Arabia’s bustling real estate sector has achieved another landmark. The Saudi Arabian Ministry of Commerce and Industry has introduced new world class l ... 16-Jan-2011
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DAMAC Properties Finalising Compliance with 'Strata Law' Luxury private developer DAMAC Properties is in the final stages of compliance with Dubai's so called 'Strata Law' ahead of RERA's January 13 deadline for the completion of Full Disclosure Statements. 10-Jan-2011
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MENA Property Sector Poised for Growth in 2011 Growth in the MENA region is forecast to outpace the global average in 2011, signalling the property sector is ripe for investment, according to the Middle East’s largest private developer, DAMAC Properties. 28-Dec-2010
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DAMAC Properties Soon to Unveil Spanish Flair at Lago Vista DAMAC Properties, one of the largest private luxury developers in the Middle East, will complete its Spanish-inspired Lago Vista development before the New Year, with the handover likely in the first few months ... 21-Dec-2010
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DAMAC Properties Imprints Abu Dhabi Landscape Luxury developer DAMAC Properties is making an impression on the skyline of Abu Dhabi’s Al Reem Island, with its Marina Bay development rising up out of the ground. 14-Dec-2010
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DAMAC Properties in Saudi Arabia for Cityscape Riyadh The Middle East’s largest private luxury developer, DAMAC Properties, will be showcasing its award winning regional development portfolio at Cityscape Riyadh. 09-Dec-2010
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DAMAC Tower Wins On the Global Stage The Middle East's largest private luxury developer, DAMAC Properties, has won a prestigious International Property Award for DAMAC Tower, its landmark collaboration with VERSACE Home in Lebanon. 30-Nov-2010
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DAMAC Properties' Cementing Foundations at Business Bay Luxury developer DAMAC Properties is getting down to business at Business Bay, casting slabs for almost 50% of its projects in a single week. 22-Nov-2010
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DAMAC Properties' Burjside Boulevard Rises Up Exclusive Views of Burj Khalifa Luxury developer, DAMAC Properties has reached the first podium of construction at its landmark serviced apartment development, Burjside Boulevard. With an exclusive and enviable address, directly opposite the ... 09-Nov-2010
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DAMAC Tower to Represent Arabia in International Property Awards VERSACE Home interiors attract top accolade The Middle East's largest private luxury developer, DAMAC Properties, will represent Arabia in the International Property Awards after its luxury Beirut project 'DAMAC Tower' won two prestigious accolades in th ... 28-Oct-2010
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DAMAC Properties Jumeirah Village Projects Approach Completion The Middle East’s largest private luxury developer, DAMAC Properties, has nearly completed the lion’s share of its projects at Jumeirah Village in Dubai. Of DAMAC’s three main projects in the north section of J ... 13-Oct-2010
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2010 MARKS A YEAR OF CONTRACTS AND HANDOVERS FOR DAMAC PROPERTIES DAMAC Properties, the luxury lifestyle provider, is marking the 2010 Cityscape event having awarded more than 20 contracts in the last 12 months to a value of AED 3.6 billion, and branding its presence at this ... 04-Oct-2010
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DAMAC Properties Wins 3 ‘Arabian Property Awards’ The Middle East’s largest private luxury developer, DAMAC Properties, has won three prestigious ‘Arabian Property Awards.’ It’s the fifth year in a row DAMAC has been successful in the high profile awards, whic ... 28-Sep-2010
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UAE Firm Sign $300 Million Russian Deal Luxury developer DAMAC Properties will invest $300 million in Prominvest, the investment arm of Russian Technologies. 20-Sep-2010
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DAMAC redesigns award-winning website to make property purchase simpler DAMAC Properties has launched a new corporate website specifically designed to ease the purchase of property by customers across the world. 24-Aug-2010
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Finishing touches take place at Ocean Heights with interiors now under way Finishing touches take place at Ocean Heights with interiors now under way DAMAC Properties has completed the final three floors at its Ocean Heights development at Dubai Marina with public area interio ... 16-Aug-2010
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Enabling contract awarded for DAMAC Tower in Beirut Luxury lifestyle developer DAMAC Properties has announced that it has awarded the enabling works contract for its prestigious new real estate project at Solidere –launched last month. 11-Jul-2010
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DAMAC Properties awards main contract for Al Jawharah Tower project DAMAC Properties awards main contract for Al Jawharah Tower projectLuxury lifestyle developer DAMAC Properties has announced that it has awarded the main contract for construction to commence at... 04-Jul-2010
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DAMAC Properties awards main contract for second Abu Dhabi project Contract awarded to Al Shafar for Oceanscape development. Second contract in two weeks for Abu Dhabi Projects Luxury lifestyle provider DAMAC Properties Dubai has announced that it has awarded ... 28-Jun-2010
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DAMAC PROPERTIES LAUNCHES VERSACE HOME DESIGN RESIDENCES AT THE “DAMAC TOWER”, BEIRUT DAMAC Properties – a leading private residential, leisure and commercial developer in the region has announced the launch of DAMAC TOWER, a magnificent and exclusive new high-rise building set to open its doors ... 27-Jun-2010
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AED 190 million contract awarded by DAMAC Properties for Abu Dhabi development Contractor to commence on site soon at Al Reem Island Luxury lifestyle provider DAMAC Properties has announced that it has awarded the main contract for its Marina Bay development at Al Reem I... 06-Jun-2010
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Mortgage is key to real estate recovery: DAMAC Properties supports GCC Mortgage Summit 2010 as Development Partner Senior Executive from DAMAC Properties to share insights into the industry roadmap at the conferenceDAMAC Properties -- the luxury lifestyle developer - has announced its support as the Developm... 19-May-2010
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Arabtec awarded AED 500m contract to build DAMAC Heights at Dubai Marina DAMAC Properties has announced that it has awarded the main construction contract for its DAMAC Heights project at Dubai Marina to Arabtec.The AED 500million contract was signed this week and work is expected t ... 04-May-2010
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Construction gathers pace at two DAMAC Properties projects in Qatar Reaffirms companies development plans in QatarDAMAC Properties has almost completed enabling works at its Piazza development in Fox Hills, Lusail while initial site works have also commenced at ... 19-Apr-2010
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Architectural students see challenges up close on site visit Visit by more than 50 students to DAMAC Properties' Park Towers show challenges of building iconic projectsA group of architecture students from the College of Architecture, Art and Design at ... 13-Apr-2010
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Developers must support contractors to improve safety performance DAMAC Properties has cited team work with its contractors as the reason it has doubled its safety performance record across nine construction sites in Dubai in 2009. 07-Mar-2010
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Contractors make good progress on site at Business Bay developments Luxury lifestyle developer DAMAC Properties has confirmed that enabling works at two of its developments in Business Ba 01-Feb-2010
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DAMAC Properties heralds start of 2010 – A year of completions DAMAC Properties has announced that 2010 will be the year of handovers – with more than six projects due 26-Jan-2010
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Contractors Sharpoorji announce completion of construction at DAMAC Properties' Park Towers development Construction company Sharpoorji Pallonji has announced the completion of the main co 17-Jan-2010
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DAMAC Properties tops off 2009 on an 84 floor high as Arabtec completes frame construction of Ocean Heights December 22nd 2009: Luxury lifestyle provider DAMAC Properties has announced the concrete 27-Dec-2009
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DAMAC PROPERTIES EGYPT ANNOUNCES CONSTRUCTION TENDER AWARD FOR PARK AVENUE DESERT ROAD DAMAC PROPERTIES EGYPT ANNOUNCES CONSTRUCTION TENDER AWARD FOR PARK AVENUE DESERT ROAD Luxury lifestyle developers, DAMAC Properties, today announced that Dar for Trading & Construction (DETAC) has been ... 24-Nov-2009
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Initial groundworks completed at DAMAC Properties first Dubailand project 06-Apr-2009
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Contractor performance ‘'excels'' at XL Tower March 29th 2009: Luxury lifestyle provider, DAMAC Properties has announced that construction at its XL Tower, a mod 30-Mar-2009
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Qatar's property market remains strong as the economy continues to grow Doha, March 23rd 2009: Luxury lifestyle provider, DAMAC Properties has said the demand in the Qatar's property market will continue to grow in medium term outlook even as other markets start to feel the impact ... 25-Mar-2009
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DAMAC Properties’ Smart Heights Tower passes the half way point at TECOM 11-Mar-2009
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Colourful finish for DAMAC Properties' Emirates Garden development Luxury lifestyle provider DAMAC Properties Dubai has announced that external cladding and painting have 01-Mar-2009
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DAMAC Properties announces strategic partnership with Taameer Wel-Iskar for New Cairo projects Luxury lifestyle provider, DAMAC Properties, which has five developments across Egypt, has today announced that it 25-Feb-2009
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Twin tower project at DIFC gathers pace for DAMAC Properties Luxury lifestyle provider DAMAC Properties, has announced that its iconic twin tower development – Park Towers - at DIFC is currentl 15-Feb-2009
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DAMAC Properties Appoints Kasktas Arabia LTD as enabling works contractor for “Al-Jawharah” development in Jeddah Jeddah, Feb 8th 2009: Luxury lifestyle provider, DAMAC Properties has announced the appointment of Kasktas Arabia LTD Construction to carry out enabling works at its “Al-Jawharah” residential project on the Jed ... 08-Feb-2009
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DAMAC Properties to start handing over apartments in Lake View tower New homes now ready for customers at JLT development 08-Feb-2009
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Enabling works completed at another of DAMAC Properties' developments Main construction work due to start soon on site at Executive Bay development 02-Feb-2009
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Safety first for contractors and staff on site at DAMAC Properties developments DAMAC Properties has recorded an impressive safety performance across its major construction sites in Dubai for 2008 and has outlined 27-Jan-2009
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