Press releases

The latest press releases from DAMAC Properties

DAMAC Awards Two Key Contracts Worth AED 588 Million for DAMAC Hills Master Development

Thu, 28 Sep, 2023

Dubai, United Arab Emirates, 27 September 2023 — DAMAC Properties, a leading real estate developer in the UAE, announces the successful awarding of two significant contracts for its flagship master development, DAMAC Hills. The contracts, valued at a total of AED 588 million, were awarded to Engineering Construction and Reconstruction Company and underscore DAMAC's commitment to delivering exceptional quality and innovation in the real estate sector.

Bitco Contracting Secures Contracts for Jumaa Mosques in DAMAC Hills and DAMAC Hills 2

Wed, 20 Sep, 2023

Dubai, United Arab Emirates, 19 September 2023: Leading UAE-based developer DAMAC Properties has awarded Bitco Contracting contracts for the construction of two permanent Jumaa mosques in the prestigious communities of DAMAC Hills and DAMAC Hills 2.

The new mosques will replace the existing temporary mosques, which are portacabin structures of a much smaller size and will be capable of accommodating up to 673 worshippers each.

DAMAC Properties’ Branded-duo Approaches Construction Milestones

Fri, 15 Sep, 2023

Dubai, United Arab Emirates, 14 September 2023: DAMAC Properties, a leading luxury real estate developer, has announced substantial advancements in its latest projects, Chic Tower and Elegance Tower, located in the prestigious Business Bay and Downtown areas of Dubai.

With the lead consultant appointed and the design phase now at an impressive 90% completion, Chic Tower is well on its way to transforming the city's skyline.

DAMAC introduces 'VOLTA', a new ‘fitness-inspired’ luxury residential development on Sheikh Zayed Road in Dubai

Tue, 12 Sep, 2023

Dubai, United Arab Emirates, 11 September 2023: UAE-headquartered real estate developer DAMAC Properties has announced the launch of an upcoming new fitness-inspired luxury residential development on Sheikh Zayed Road in Dubai.

DAMAC Unveils Unmatched Luxury and Integrated Services with the Grand Opening of DAMAC Mall

Fri, 01 Sep, 2023

Dubai, UAE, 1 September 2023: DAMAC Group, the leading UAE-based business conglomerate, has announced the opening of DAMAC Mall, adding a new retail and leisure destination to Dubai's luxury landscape. The mall was officially inaugurated on 1 September 2023 by Amira Sajwani, Managing Director, Sales & Development, DAMAC Properties.

DAMAC Lagoons Unveils Second Phase of its Morocco Cluster

Wed, 30 Aug, 2023

Dubai, United Arab Emirates, 30 August 2023: After the successful launch of its Morocco 1 cluster in May, UAE-based real estate developer DAMAC Properties announces the launch of its successor Morocco 2 at its third and upcoming master development, DAMAC Lagoons.

The marvel of Morocco comes alive in a majestic manner in myriad forms, shapes and textures. Homes in this cluster harmoniously blend customary regional elements with contemporary influences, resulting in a sophisticated aura of elegance and modern living.

DAMAC Announces Participation at 25th WETEX and Dubai Solar Show Exhibition

Tue, 29 Aug, 2023

Dubai, United Arab Emirates, 28 August 2023: DAMAC Properties, a leading name in the global real estate market, proudly announced its participation as the diamond sponsor at the 25th Water, Energy, Technology, and Environment Exhibition (WETEX) and Dubai Solar Show (DSS), as part of the company's commitment to sustainability and innovation.

Organised by the Dubai Electricity and Water Authority (DEWA), the exhibition will take place from 15 to 17 November 2023 at the Dubai World Trade Centre.

DAMAC reinforces commitment to Emiratisation on Emirati Women’s Day

Fri, 25 Aug, 2023

Dubai, UAE, August 25, 2023: On Emirati Women’s Day celebrated annually on August 28, Dubai-based DAMAC Group has reaffirmed its commitment to empowering UAE nationals within the private sector. DAMAC has emphasised its dedication to Emiratis' professional success by introducing new initiatives that support the local workforce.

DAMAC Garners Acclaim Across Domains

Tue, 22 Aug, 2023

Dubai, UAE – August 21, 2023: DAMAC Properties, the esteemed name synonymous with luxury real estate development, is proud to announce its remarkable achievement as the recent recipient of two prestigious awards -  "Leading Real Estate Developer of Luxury Properties in UAE" and "Most Innovative Residential Community Developers – UAE."

These accolades underscore DAMAC Properties' unwavering commitment to setting new benchmarks for excellence in the real estate industry.

DAMAC Coral Reef unveiled as the developer’s newest seaside project at Dubai Maritime City

Wed, 16 Aug, 2023

Dubai, UAE, 16 August 2023: DAMAC Properties announced the launch of its latest project, DAMAC Coral Reef, to be developed within the picturesque Dubai Maritime City. This exclusive waterfront development promises to redefine luxury living with a captivating blend of artistic expression and exceptional coastal charm.