Press releases

The latest press releases from DAMAC Properties

Al Qandeel Contracting secures main works award for DAMAC Hills 2

Tue, 06 Jun, 2023

Dubai, UAE, 2 June 2023: UAE-based Al Qandeel Contracting LLC has been awarded a contract of AED236 million, for main works at DAMAC’s master development, DAMAC Hills 2.

The scope of works will include construction of the main works package for 515 villas at the Camelia cluster, located within the 55 million sq. ft. master community.

Paramount Hotel Midtown wins prestigious TripAdvisor Award in Hospitality

Wed, 31 May, 2023

The DAMAC Group is pleased to announce that its glamorous Hollywood-themed hospitality provider, Paramount Hotel Midtown, has been chosen as one of 2023 Travelers’ Choice Best of the Best Hotels.

The hotel is part of a list of 25 globally recognised hospitality providers, as well as the only hotel in the UAE and the highest ranked hotel in the Middle East region to be acknowledged with this coveted accolade.

DAMAC Lagoons adds Morocco cluster to its growing Mediterranean community

Thu, 25 May, 2023

Dubai, UAE – 25 May 2023: Leading UAE-based real estate company DAMAC Properties has announced the launch of the Morocco cluster in its DAMAC Lagoons master development.

The latest addition to the Mediterranean-inspired community will be part of the collection of clusters that include namely Portofino, Venice, Malta, Nice, Santorini, Costa Brava, Marbella, Monte Carlo, Ibiza and Mykonos.

The rich colours and textures of Morocco will come to life in this new cluster, which is designed to be the tranquility hub with a focus on health and wellness.

DAMAC Real Estate Development Limited (“DAMAC”) Joins Emirates Green Building Council

Mon, 22 May, 2023

Dubai, UAE, 22 May 2023: One of the UAE’s leading real estate developers, DAMAC has put another step forward in strengthening its commitment to sustainability and sustainable building practices through its partnership with the Emirates Green Building Council.

Malibu Beach & Lazy River opens in DAMAC Hills 2 along with a host of new and exciting amenities

Thu, 18 May, 2023

Dubai, UAE, 18 May 2023: DAMAC Properties is thrilled to announce that its DAMAC Hills 2 community has opened up a host of new amenities for residents to enjoy, including its very own Malibu Beach and Lazy River, bringing cool Californian coast vibes right to residents’ doorsteps. 

The opening of these leisure facilities is in line with the Dubai-based developer’s commitment to raising the bar when it comes to community living, ensuring that residents have everything they need right on their doorsteps. 

DAMAC Lagoons progresses as new contracts awarded

Mon, 15 May, 2023

DUBAI, UNITED ARAB EMIRATES, 17 May 2023: DAMAC Properties, one of the leading luxury real estate developers in the Middle East, has awarded contracts for the main works of two clusters, Nice N2 and Nice N3, and the backbone infrastructure works at the DAMAC Lagoons master community development in Dubai Land.

The contract for the main works of Nice N2 and Nice N3 clusters has been awarded to Delta Al Emarate Building Contracting (L.L.C).

DAMAC extends support to the UAE’s first-ever labour award

Fri, 12 May, 2023

Dubai, United Arab Emirates, 11 May 2023: Leading UAE-based real estate development company, DAMAC Properties is pleased to announce that it has extended support for the first edition of the Emirates Award for Leadership in the Labour Market.

As a Diamond Sponsor, DAMAC Properties will join the legion of companies supporting the government in recognising domestic workers, labourers, companies and businesses in the UAE and honouring best practices.

DAMAC Properties Launches Canal Crown

Thu, 11 May, 2023

Dubai, UAE, 11 May 2023: An architectural marvel, DAMAC Properties gets ready to unveil its latest project, Canal Crown.

The new project will be located on Dubai Canal, neighbouring a range of new towers launched by the property developer.

With affluent strokes and sophisticated waterfront living ambience, the tower will showcase the prowess of de GRISOGONO at their finest yet.

DAMAC Real Estate Development Limited (DAMAC) Joins UN Global Compact Initiative

Mon, 08 May, 2023

DAMAC has joined the United Nations Global Compact initiative — a voluntary leadership platform for the development, implementation and disclosure of responsible business practices.

With this announcement, DAMAC joins other companies globally committed to taking responsible business action to create the world we all aspire to.

Dubai Land Department simplifies unit Registration Processes by signing agreement with DAMAC Properties

Mon, 01 May, 2023

Dubai, UAE, 01 May 2023: DAMAC Properties becomes the first developer in Dubai to sign a new registrations process with the Dubai Land Department that simplifies the registration of all sales transactions directly.

An agreement was signed between Majid Saqer Al-Marri - CEO of the Real Estate Registration Sector at Dubai Land Department (DLD) and Aqil Jaffar Ali, Senior Vice President, DAMAC.