Press releases

The latest press releases from DAMAC Properties

DAMAC Properties announces the opening of DAMAC Hills 2 an Edge by Rotana Hotel

Wed, 01 Feb, 2023

DAMAC Group is pleased to announce the upcoming opening of DAMAC Hills 2 an Edge by Rotana Hotel. The hotel comprising 295 rooms is the latest addition to DAMAC Hospitality’s rich and growing portfolio in the UAE and abroad.

It is yet another branded association by the conglomerate demonstrating its expanding relationships with some of the world’s most recognised and respected brands.

Discover waterfront living at DAMAC Bay by Cavalli

Thu, 26 Jan, 2023

Dubai, UAE – 26 January 2023: DAMAC Properties has officially announced the launch of DAMAC Bay by Cavalli. With an aesthetic designed by the iconic Cavalli brand, the 42-story, three-tower property seeks to welcome residents to the wonders of luxurious seaside living.

Located in Dubai Harbour, DAMAC Bay maintains a design scheme inspired by the wonders of maritime life throughout, with an interior that includes seashells, pearls and zebrafish patterns and a sleek exterior that pays homage to serene ocean waves.

DAMAC Wins Best Mixed-Use Developer Award

Wed, 25 Jan, 2023

DAMAC Properties has won a key recognition at the Annual Business Tabloid Awards.

The company was awarded the "Best Mixed-Use Developer” award, amidst a list of sixty winners from industry-leading organisations.

The developer joined reputed companies such as DP World, Bahrain Airport Services, Etihad Cargo, and Emirates NBD Capital to be honoured for excellence across various categories.

DAMAC Founder and Chairman, Hussain Sajwani to speak on global real estate at WEF DAVOS 2023

Mon, 16 Jan, 2023

Dubai, UAE, 16 January 2023: Heads of states and leaders from around the world is set to convene at the World Economic Forum Annual Meeting 2023 from today, January 16 to January 20, 2023 in Davos, Switzerland.

The 2023 edition will host the 20th year of its Open Forum with topics of discussion to include pressing issues on climate, nature and people. 

DAMAC Hills 2 adds Camelia cluster to thriving community

Wed, 11 Jan, 2023

Dubai, UAE, 11 January 2023: DAMAC Properties is pleased to announce that it is launching a brand-new cluster at its thriving DAMAC Hills 2 community in Dubailand. The Camelia cluster is a collection of 3-storey townhouses positioned right in the centre of the master development, next to the community’s most exciting amenities.  

Launched in 2014, DAMAC Hills 2 now is home to more than 24,000 residents. The 55-million square foot community is DAMAC’s second master development, which came after the success of its first community — DAMAC Hills.  

DAMAC Hills 2 Community Centre fully let

Thu, 05 Jan, 2023

Dubai, UAE 5 January, 2023: DAMAC Properties has announced that its Community Centre located at the heart of DAMAC Hills 2 (DH2) is fully let. Spanning 123,143 sq. ft., the centre brings the best that retail has to offer to the growing community.

The centre, comprising two floors, offers a diverse range of retail outlets for all ages and interests, including cafes, restaurants, toy stores, ladies and gents’ salons, electronic shops, tailor shops, pet stores, kids play areas, and a nursery.

DAMAC Group in association with Skydive Dubai breaks Guinness record for highest altitude skydiving fireworks display

Tue, 03 Jan, 2023

Dubai, United Arab Emirates, 03 January, 2023: As part of its 40th year anniversary celebrations, DAMAC Group facilitated the highest altitude skydiving fireworks display, marking a Guinness Book World Record.

DAMAC, in association with Skydive Dubai, achieved the grand feat by setting the mark at 5,130m (16,830 ft 27 in), breaking the existing record of 4,907.28m (16,000 ft 100in).

The record-breaking attempt was made on December 7, as part of the celebrations to honour a milestone in DAMAC’s journey.

DAMAC Lagoons adds ‘Ibiza’ cluster to infuse Mediterranean flair to community

Wed, 28 Dec, 2022

Dubai, UAE – 28 December 2022: DAMAC Properties announced the launch of the ‘Ibiza’ residential cluster in its DAMAC Lagoons master development. The latest addition to the Mediterranean-inspired community comes after the successful launch of Portofino, Venice, Malta, Nice, Santorini, Costa Brava, Marbella, and Monte Carlo.

DAMAC Has One of Dubai’s Happiest Communities

Fri, 23 Dec, 2022

DAMAC Properties’ LOAMS, Luxury Owners Association Management Company LLC, has won two prestigious awards at the International Real Estate Community Management Summit (IRECMS).

The organisation was awarded Gold for the Best Crisis Management Initiative of the year and Silver for the Happiest Residential Community of the year.

LOAMS’ was also nominated in five other categories at the award ceremony which includes the Best Community Management Company, Best Sustainability Initiative and Best Implementation of Technology for 2022.

DAMAC Group celebrates incredible 40-year transformation into one of the most iconic brands in the Middle East

Wed, 14 Dec, 2022

The DAMAC story runs in tandem with the UAE’s success story

Company now employs over 10,000 and touches the lives of hundreds of thousands of customers

DAMAC has diversified its portfolio to include data centres, retail and fashion among others

Dubai, UAE, 14th December 2022: On the occasion of DAMAC Group’s 40th anniversary, the conglomerate headed by Emirati businessman Hussain Sajwani, pays tribute to the Company’s long and prosperous journey.