Press releases
The latest press releases from DAMAC Properties
Hussain Sajwani gears up for Qatar Economic Forum 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
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.
DAMAC Properties announces the launch of Safa Two de GRISOGONO
Dubai, UAE, 15 June 2022: After the successful launch of Safa One de GRISOGONO, DAMAC Properties announces the launch of its latest offering, Safa Two also in association with de GRISOGONO showcasing a continued exuberance of the first twin-tower project.
Damac Cares Returns to DAMAC Communities
Dubai, UAE — 7 June 2022: In continuation of its commitment to customer satisfaction and happiness, the region’s leading luxury real estate developer DAMAC Properties has launched its third DAMAC Cares campaign aimed to proactively listen to and get closer to clients by giving them an opportunity to voice out and share feedback about their living experience.
Headed by the Customer Relations Management Department, the campaign will run from today, June 7, to June 26 and will features kiosks placed in multiple locations across the company’s property portfolio in the UAE.
UAE based DAMAC Group acquires luxury Swiss jewellery brand, de GRISOGONO
Dubai, UAE, 31 May 2022: Dubai’s DAMAC Group has purchased celebrated Swiss jewellery brand, de GRISOGONO.
The brand was identified by Hussain Sajwani, Founder and Chairman of the DAMAC Group, who became the top bidder amongst several others bidding to acquire the brand.
Dubai-based DAMAC Properties makes foray into US real estate market with ultra-luxurious CAVALLI branded Miami condos
Dubai, UAE & Miami Florida, May 27, 2022: UAE-based DAMAC Properties has announced that it has won the US $120 million bid to acquire land in the upscale Miami neighbourhood of Surfside. The Dubai-based developer plans to build an ultra-luxurious, CAVALLI branded condominium project.
DAMAC Lagoons adds unique Venice and Malta clusters to water-inspired community
Dubai, UAE — May 25, 2022: DAMAC Properties is launching two more clusters in DAMAC Lagoons, the developer’s third master development in Dubai that was launched late last year. The water-inspired neighbourhood, just adjacent from the successful DAMAC Hills community, offers vacation-living as a part of daily life for residents.
PARAMOUNT HOTEL MIDTOWN PRESENTS The sequel to PAUSE SPA Château Berger
It’s time to hit pause on life and pamper yourself!
DAMAC Properties to Facilitate Transactions for Property Purchase by Crypto Holders
Dubai, UAE — April 27th 2022: Leading luxury real estate developer DAMAC Properties has announced that the company is stepping up to serve the digital economy by facilitating the conversion to fiat, and the sale of property to holders of Bitcoin and Ethereum. The decision comes from the DAMAC Group’s vision of leveraging technology to provide innovative solutions to evolved customers.
DAMAC Group gears up to enter the metaverse
Dubai, UAE – April 25th, 2022: Leading UAE-based business conglomerate, the DAMAC Group – the parent company of global property development company DAMAC Properties, data centre firm Edgnex, luxury jeweller de Grisogono and fashion house Roberto Cavalli – is announcing plans to embark into the world of the metaverse and build its own digital cities, becoming one of the pioneers in the GCC to do so.
