Press releases

The latest press releases from DAMAC Properties

Experience summer dining offers at the exquisite Prato at Trump International Golf Club

Mon, 01 Aug, 2022

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

Tue, 19 Jul, 2022
  • 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  


DAMAC Properties at the Forefront of a Proptech Revolution

Tue, 19 Jul, 2022

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 begins piling works for Cavalli Tower

Wed, 13 Jul, 2022

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

Mon, 04 Jul, 2022

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.

DAMAC Properties begins handover for DAMAC Towers Nine Elms in London

Thu, 30 Jun, 2022

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 awards contract worth over AED 600mln for DAMAC Lagoons project

Tue, 28 Jun, 2022

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.

DAMAC Properties to participate at Cityscape Qatar

Fri, 17 Jun, 2022

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.

Hussain Sajwani gears up for Qatar Economic Forum 2022

Thu, 16 Jun, 2022

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.

DAMAC signs AED 20 million sponsorship MoU with Knowledge Fund to support Dubai Schools project

Wed, 15 Jun, 2022

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.