The latest press releases from DAMAC Properties
Prato, the casual restaurant, is hosting the delectable summer lunch and family brunch to keep you indulged in their authentic Italian dishes this summer
Tech-savvy companies are leveraging NFTs to take back control of their brands and build loyal online communities, says CEO of D-Labs
- Ali Sajwani unveils the latest trends among firms active in the metaverse
- The DAMAC Properties GM warns businesses that they must be ready for Web3
- Sajwani is CEO of D-Labs, DAMAC Group’s newest initiative in metaverse world
Dubai, UAE, July 19, 2022: Leading real estate developer DAMAC Properties has been stepping up its efforts in digital innovations, securing itself as one of the pioneering companies in driving disruptive tech in property, also known as proptech.
“Real estate developers, founders, investors and related industry specialists are facing an era of disruption and proptech is seen as an important way of not only staying relevant but more importantly making the market accessible to customers who otherwise will not be able to climb the property ladder and ‘challengers’ looking to break into the market with creative business models,” said Jayesh Maganlal, Chief Information Officer of DAMAC Properties.
DAMAC Properties has commenced piling work for Cavalli Tower, an ultra-luxurious 70-storey tower that was launched in September of last year. The Cavalli-branded tower, located in Dubai Marina, will offer its occupants stunning views of Palm Jumeirah and premium interior designs by Italian fashion house Roberto Cavalli.
“This is a milestone achievement as piling provides the foundations for the impending superstructure,” Niall McLoughlin, Senior Vice President at DAMAC said.
Second batch of detainees released on Eid Al Adha under charitable Hussain Sajwani DAMAC Foundation Fresh Slate Initiative
Dubai, United Arab Emirates; July 4, 2022: On the occasion of Eid Al Adha and as part of the ongoing DAMAC Fresh Slate Initiative, The Hussain Sajwani – DAMAC Foundation (HSDF) has paid off the second financial obligations of detainees charged with petty crimes.
Dubai, UAE, June 30, 2022: DAMAC Properties is pleased to announce that it is in the process of handing over its flagship project in Europe — DAMAC Towers Nine Elms, a 50-storey luxury twin tower project in the upscale Zone 1 district of London with stunning interiors by VERSACE. DAMAC’s customer experience team is working tirelessly to ensure a seamless transition and handover journey for DTNE homeowners.
DAMAC Properties has announced that it has appointed the contractor PIVOT Engineering and Contracting Co. to begin main works construction of the Costa Brava cluster in its new master development, DAMAC Lagoons.
Doha, Qatar, 17 June 2022: Leading real estate developer DAMAC Properties premiers this year at the ninth edition of Cityscape Qatar to be held from June 20-22, and will showcase a range of their prime products from its portfolio.
Qatar / UAE, 16 June 2022: Equalising the global economic recovery will come under the spotlight as the world convenes in Doha during the second annual Qatar Economic Forum to be held from June 20-22 at the Ritz Carlton, Doha.
Dubai, June 15, 2022 – DAMAC Group and the Knowledge Fund Establishment signed an MoU of AED20 million sponsorship agreement to support the Dubai Schools project by providing scholarship funding for Emirati students’ tuition fees starting in the 2022-2023 academic year.