The latest press releases from DAMAC Properties
New RTA bus route offers more connectivity to residents
DAMAC Properties has announced the topping out of its iconic master development, Paramount Tower Hotel and Residences on Sheikh Zayed Road.
The property has been topped out with the completion of the final slab of the north tower
By implementing state-of-the-art tools and adopting the highest safety standards, DAMAC Properties, one of the region's leading luxury real estate developer, has significantly reduced safety risks across projects in the UAE and abroad.
DAMAC Properties is launching an exclusive offer on ready-built property in their 42 million square-foot golf community, DAMAC Hills.
DAMAC Properties, a leading luxury real estate developer in the region, has been recently awarded the ‘Property Developer of the Year UAE 2019” at the International Business Magazine Awards.
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.