DAMAC Properties Media Centre
Welcome to the DAMAC Properties Media Centre. Explore the latest Company news, views and information about our projects and developments. In addition, review industry research and analysis from third-party companies on the Middle East’s real estate market.
DAMAC Properties reports revenue of AED 1.9 billion and sales of AED 1.8 billion in the first half of 2019
DAMAC Properties Dubai Co. PJSC (DFM: DAMAC) (“DAMAC” or the "Company"), announced financial results for the first half of 2019, reporting a total revenue of AED 1.9 billion, with booked sales reported at AED 1.8 billion.
Mina Al Sultan Qaboos Waterfront Project Gains Traction With Construction Set To Begin In November 2019
The transformation of the historical Mina Al Sultan Qaboos waterfront area is progressing rapidly as the project completes several preparatory activities in accordance with the project masterplan that has been approved by the Ministry of Tourism and Ministry of Housing in Oman.
DAMAC Properties has commenced handovers at the ‘Claret’ cluster of its landmark 55 million square-feet master development, AKOYA. Claret, which consists of 315 townhouses, is nestled amidst lush green surroundings and world-class amenities.
DAMAC Properties announced the launch of its new project, ‘Zada’, in Dubai’s Business Bay area. Priced at AED 699,999, the exquisitely designed one-bedroom apartments offer views of the iconic Dubai Canal.