DAMAC in the News

Discover waterfront living at DAMAC Bay by Cavalli

Fri, 27 Jan, 2023 | Khaleej Times

Dubai, UAE – 26 January 2023: DAMAC Properties has officially announced the launch of DAMAC Bay by Cavalli. With an aesthetic designed by the iconic Cavalli brand, the 42-story, three-tower property seeks to welcome residents to the wonders of luxurious seaside living.

Located in Dubai Harbour, DAMAC Bay maintains a design scheme inspired by the wonders of maritime life throughout, with an interior that includes seashells, pearls and zebrafish patterns and a sleek exterior that pays homage to serene ocean waves.

KNOW MORE

DAMAC Wins Best Mixed-Use Developer Award

Thu, 26 Jan, 2023 | Public Now

DAMAC Properties has won a key recognition at the Annual Business Tabloid Awards.

The company was awarded the "Best Mixed-Use Developer” award, amidst a list of sixty winners from industry-leading organisations.

The developer joined reputed companies such as DP World, Bahrain Airport Services, Etihad Cargo, and Emirates NBD Capital to be honoured for excellence across various categories.

KNOW MORE

Hussain Sajwani says Dubai real estate entering best phase yet

Fri, 20 Jan, 2023 | Arabian Business

The real estate market in Dubai has begun to enter its most sustainable period of growth yet, according to property mogul Hussain Sajwani.

Dubai’s real estate market has been experiencing a post-pandemic surge, with prices across the city rising rapidly over the past year. In some luxury areas, such as the Palm Jumeriah, prices more than doubled over the course of the year.

The reason behind this rise is chiefly due to a change in the demographics of those coming to live in Dubai, Sajwani explained.

KNOW MORE

Dubai continues to benefit from crisis, DAMAC’s Chairman says

Wed, 18 Jan, 2023 | CNBC

DUBAI, United Arab Emirates — Dubai’s property sector is going from strength to strength, as growth and reform in the oil-rich Arab Gulf states attract more foreign residents, companies and investors.

Property transactions in Dubai year-to-date hit a record high by the end of 2022, surpassing previous records reached over the same period of 2009, according to CBRE. The hike can be partly attributed to the geopolitical crisis, which has benefitted Dubai and the United Arab Emirates.

KNOW MORE

DAMAC Properties launches new cluster at its DAMAC Hills 2 community

Fri, 13 Jan, 2023 | Construction Week

Dubai, UAE, 11 January 2022: DAMAC Properties has launched a brand-new cluster at its thriving DAMAC Hills 2 community in Dubailand. The Camelia cluster is a collection of 3-storey townhouses positioned right in the centre of the master development, next to the community’s most exciting amenities.                                                                        

KNOW MORE

D33: Dubai real estate will be a major beneficiary

Fri, 06 Jan, 2023 | Khaleej Times

The real estate executives and developers welcomed the Dubai Economic Agenda, or D33, announced by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, and said property sector will be major beneficiary of the latest initiative.

Niall McLoughlin, senior vice-president at DAMAC, said DAMAC is excited to welcome this new agenda and reiterate its ongoing commitment to contributing to this hoped-for, promising transformation.

KNOW MORE

Pages

News

We are using cookies to give you the best experience on our website. More details here Cookie policy - Privacy Policy

Enquire

Call

Sales+971 4 520 5400

Customer Relations+971 4 515 6111

Whatsapp

Sales

Customer Relations

Contact us
  • Register your interest