Press releases

The latest press releases from DAMAC Properties

DAMAC Properties deliveries surpass 20,000 unit milestone as it reports net profit of AED 2.8 billion and booked sales of AED 7.5 billion for FY 2017

Wed, 2018-02-14 10:02

DAMAC Properties Dubai Co. PJSC (DFM: DAMAC) (“DAMAC” or the "Company"), announced financial results for year ended 2017, reporting total revenue of AED 7.5 billion, a 4 % increase over last year and net profit of AED 2.8 billion. 

DAMAC awards approximately AED 100 million construction contracts as it accelerates development at AKOYA Oxygen

Sun, 2018-02-11 18:02

Emirates Electrical Engineering LLC to build 3rd substation to power a further 2,888 villas and 855 apartments at DAMAC’s flagship master community

One Million Arab Coders Initiative sees first 100,000 students begin their learning journey on Udacity’s online platform

Wed, 2018-02-07 10:58

Over 450,000 students from 12 Arab countries have already registered with more than 217,000 and 10,000 tutors already completing their application process 

DAMAC offers luxury living with epic canal views at Reva Residences in Business Bay

Tue, 2018-01-23 14:59

Reva Residences combines affordability and luxury with spectacular Canal views, just minutes from Dubai’s busiest shopping and entertainment hub.

DAMAC’s Hussain Sajwani to speak on the digital skills imperative at World Economic Forum in Davos

Tue, 2018-01-16 13:04

“Innovation and rapid digitalization are creating a pressing need to address ICT skills gaps globally,” says Sajwani 

DAMAC Properties’ Dubai Shopping Festival Car Promotion Back with Tesla Guaranteed

Sun, 2017-12-17 16:23

Buy a dream home and drive away in a dream car

DAMAC International Close to Identifying Real Estate Investment Opportunities in Croatia

Tue, 2017-12-05 19:03

Speaking at REXPO 2017 in Croatia, DAMAC stresses that tourism development and real estate success and economically linked

DAMAC Properties Launches Sahara Villas to Pay Tribute to Rich Heritage of Region

Mon, 2017-12-04 17:23

Special National Day offer on collection of three and four-bedroom luxury residences in prestigious golf community

The One Million Arab Coder Initiative can help attract billions in foreign investment to MENA region

Sun, 2017-11-26 18:36

Research shows link between ICT skills development and economic growth, social development and increased service exports globally.

DAMAC Properties Holds Special Sales Event for Range of Villas Across AKOYA Oxygen Development

Sun, 2017-11-19 18:45

Select units available ranging from 3 to 6 bedrooms, with attractive payment plans