Press releases
The latest press releases from DAMAC Properties
DAMAC Properties and Radisson Hotel Group to launch Radisson Hotel, Dubai DAMAC Hills
New hotel overlooking Trump International Golf Club Dubai will offer ownership opportunities for investors with six percent guaranteed returns for first three years
DAMAC Introduces Reva Heights in Business Bay
With a spectacular view of the Dubai Canal and minutes from Dubai’s busiest shopping hub, the tower brings together affordability and luxury
The Award-winning DAMAC Heights Tower Welcomes its New Tenants to Luxury Waterfront Living in Dubai Marina
DAMAC Properties has announced the handover of its DAMAC Heights tower which is also home to DAMAC Residenze with interiors by Fendi Casa. The award-winning 94 floor tower, located right at the promenade of Dubai Marina, features luxurious one, two, three, four-bedroom apartments and five-bedroom penthouses with expansive views of the Arabian Gulf.
DAMAC offers major savings for home buyers
Luxury developer promotions extended until end of July
DAMAC awards infrastructure works contract at AKOYA Oxygen to CSCEC as construction spend tops AED 5.6 billion
Latest contract for AED 72 million will see China State Construction Engineering Corporation complete infrastructure work for 1,623 villas at AKOYA Oxygen
DAMAC Properties reports revenue of AED 1.9 billion and net profit of AED 484 million in the first three months of 2018
DAMAC Properties Dubai Co. PJSC (DFM: DAMAC) (“DAMAC” or the "Company"), announced financial results for the first quarter of 2018, reporting total revenue of AED 1.9 billion, with booked sales reported at AED 1.6 billion, largely in line with AED 1.5 billion recorded in Q4 2017.
DAMAC Towers by Paramount nears completion while logging 25 million safe worker hours
Almost 2,000 days of incident-free work during construction of DAMAC’s four-tower master development
DAMAC’s Tower 108 at Jumeirah Village Circle enters final stages of completion
DAMAC Properties announced that its 34-storey Tower 108 building in the heart of Jumeirah Village Circle is in the final stages of completion as it prepares to begin delivery later this year.
DAMAC supports the International Real Estate Federation’s 69th Conference to be held for the first time in the Middle East
Under the theme ‘Happy Cities’, Dubai hosts first FIABCI World Congress 2018 to be held in MENA and will see over 1,500 participants from 70 countries
DAMAC targets 15,000 hotel units in operation by 2021, bolstering its hospitality offering in preparation for Expo 2020 demand
DAMAC Hotels & Resorts, the hospitality arm of DAMAC, is looking to boost its current portfolio of around 1,700 hotel units over the next 3 years, with the aim of delivering 15,000 units by 2021.