Press releases

The latest press releases from DAMAC Properties

DAMAC Properties H1 revenues up 5% year on year to AED 3.7 billion

Tue, 2018-08-14 09:21

Properties Dubai Co. PJSC (DFM: DAMAC) (“DAMAC” or the "Company"), announced financial results for the first half of 2018, reporting total revenue of AED 3.7 billion, a period-on-period growth of 5 per cent, while net profit stood at AED 862 million.

DAMAC Properties and Radisson Hotel Group to launch Radisson Hotel, Dubai DAMAC Hills

Mon, 2018-08-13 09:50

New hotel overlooking Trump International Golf Club Dubai will offer ownership opportunities for investors with six percent guaranteed returns for first three years

DAMAC Introduces Reva Heights in Business Bay

Sun, 2018-07-29 17:58

With a spectacular view of the Dubai Canal and minutes from Dubai’s busiest shopping hub, the tower brings together affordability and luxury

The Award-winning DAMAC Heights Tower Welcomes its New Tenants to Luxury Waterfront Living in Dubai Marina

Sun, 2018-07-22 11:09

DAMAC Properties has announced the handover of its DAMAC Heights tower which is also home to DAMAC Residenze with interiors by Fendi Casa. The award-winning 94 floor tower, located right at the promenade of Dubai Marina, features luxurious one, two, three, four-bedroom apartments and five-bedroom penthouses with expansive views of the Arabian Gulf.

DAMAC offers major savings for home buyers

Wed, 2018-07-11 12:33

Luxury developer promotions extended until end of July 

Ghalia tower in JVC nears completion

Wed, 2018-07-04 12:11

Set to become DAMAC’s first Sharia-compliant offering

DAMAC Properties to showcase five of its Dubai flagship properties at LPS Beijing 2018

Thu, 2018-06-21 17:25

DAMAC’s main sponsorship of LPS Beijing 2018 highlights China’s importance to the Dubai property market and the Company’s long-term commitment to Chinese investors

DAMAC awards infrastructure works contract at AKOYA Oxygen to CSCEC as construction spend tops AED 5.6 billion

Sun, 2018-06-10 11:51

Latest contract for AED 72 million will see China State Construction Engineering Corporation complete infrastructure work for 1,623 villas at AKOYA Oxygen

Foundation work set at DAMAC’s AYKON City multi-tower master development

Thu, 2018-05-31 12:56

DAMAC speeds ahead with iconic development overlooking the Dubai Canal

DAMAC Properties reports revenue of AED 1.9 billion and net profit of AED 484 million in the first three months of 2018

Tue, 2018-05-15 16:32

DAMAC Properties Dubai Co. PJSC (DFM: DAMAC) (“DAMAC” or the "Company"), announced financial results for the first quarter of 2018, reporting total revenue of AED 1.9 billion, with booked sales reported at AED 1.6 billion, largely in line with AED 1.5 billion recorded in Q4 2017.