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.  

Press releases

DAMAC Properties reports revenue of AED 1.9 billion and sales of AED 1.8 billion in the first half of 2019

Wed, 2019-08-14 09:46

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

Sun, 2019-07-07 14:39

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 Welcomes the First Residents of AKOYA

Mon, 2019-07-01 14:32

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 launches luxury homes in Business Bay at only AED 6,999 per month

Wed, 2019-06-19 14:46

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.

Industry news

DAMAC Properties awards Dh500m contract to Chinese construction company

Sun, 2018-09-02 09:41

Radisson Hotel, Dubai DAMAC Hills launched

Wed, 2018-08-15 16:29

DAMAC AKOYA Oxygen construction spend tops $1.5 billion

Mon, 2018-06-11 10:38