The latest press releases from DAMAC Properties
DAMAC Properties has issued a new tender for enabling works on its VERA Residences, a luxurious 30-storey tower in the heart of Business Bay, with elegantly appointed interiors, world-class amenities, and breath-taking views of Dubai Canal.
Tender follows AED 600 million contract award in February for one of the AYKON City towers; tender winner will construct 1.7 million square feet of built up area
DAMAC awards AED 424 million construction contract to Arabtec to build additional villa clusters at AKOYA Oxygen
DAMAC has awarded over AED 1.4 billion in construction contracts at AKOYA Oxygen in the last 6 months
DAMAC Hills to host three-day ’Fun and Food Fiesta’ to bring the community together for a fun-filled family weekend
DAMAC awards AED 600 million construction contract for one tower at its AYKON City master development
China State Construction Engineering Corporation (CSCEC) selected to oversee construction at the award-winning development project in the heart of Dubai
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
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
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
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
Reva Residences combines affordability and luxury with spectacular Canal views, just minutes from Dubai’s busiest shopping and entertainment hub.
“Innovation and rapid digitalization are creating a pressing need to address ICT skills gaps globally,” says Sajwani