Press releases

The latest press releases from DAMAC Properties

DAMAC welcomes residents at its iconic DAMAC Towers by Paramount

Mon, 12 Nov, 2018

DAMAC Towers by Paramount, the four-tower master development by DAMAC Properties in collaboration with Paramount Hotels & Resorts, is welcoming residents to its three residential towers, A, B and D, as the project enters the handover phase.

Foundation Slab Marks Milestone for Dubai’s AYKON City

Tue, 30 Oct, 2018

288,600 cubic feet of concrete and 1,500 metric tons of steel sets DAMAC’s Dubai Canal development closer to completion

DAMAC’s facilities management arm Luxury Owner Association Management Services receives DLD recognition at Cityscape Global

Thu, 04 Oct, 2018

The Dubai Land Department (DLD) today recognised DAMAC’s facilities management arm, Luxury Owner Association Management Services LLC (LOAMS), for its excellence in managing the facilities of numerous properties. LOAMS is dedicated to addressing owners' needs across DAMAC’s wide portfolio of homes and commercial spaces.

DAMAC Properties unveils exclusive offers in celebration of China’s National Day Golden Week

Wed, 03 Oct, 2018

DAMAC Properties, a leading luxury real estate developer in the Middle East, with international projects in gateway cities, including UK’s capital, London, has marked China’s National Day Golden Week with an array of exclusive discounts. This includes a complimentary four-day hotel stay for three years, for new homeowners. The damac offers were unveiled on the first day of the world's largest networking exhibition and conference on property development, Cityscape Global, taking place from 2nd to the 4th of October 2018.

Global partnership signed between Roberto Cavalli and DAMAC Properties founder, Hussain Sajwani

Mon, 01 Oct, 2018

Landmark agreement to see first iconic Hotel in Dubai, followed by sister properties around the world

DAMAC Properties to showcase key offerings at Cityscape Global 2018

Sun, 30 Sep, 2018

Exclusive Cityscape offer on Fiora apartments, and mortgage specials 

Construction at London’s DAMAC Tower Nine Elms Speeds Ahead

Thu, 20 Sep, 2018

Luxury development to join sister branded properties in year 2020

Latest Collection of Just Cavalli Villas by DAMAC Properties

Thu, 13 Sep, 2018

Designer show unit to preview the best in luxury living 

DAMAC awards AED512 million contract at AYKON City

Thu, 30 Aug, 2018

China State Construction Engineering Corporation selected to build Tower C, at award-winning development overlooking the Dubai Water Canal

DAMAC Properties H1 revenues up 5% year on year to AED 3.7 billion

Tue, 14 Aug, 2018

Properties Dubai Co. PJSC (DFM: DAMAC) (“DAMAC” or the "Company"), announced financial results for the first half of 2018, reporting total revenue of AED 3.7 billion, a period-on-period growth of 5 per cent, while net profit stood at AED 862 million.

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