Press releases
The latest press releases from DAMAC Properties
DAMAC Chairman sees innovation as catalyst for sector growth in the run up to EXPO 2020
Speaking ahead of Arabian Travel Market, Sajwani shares perspectives on how one of the world’s top holiday and business destinations will welcome 20 million visitors by 2020
Bayt.com survey reveals 74 percent of IT professionals see Internet of Things, mobile, virtual and augmented reality as jobs of the future
One Million Arab Coders Initiative partners Hussain Sajwani-DAMAC Foundation and Bayt.com collaborate on defining industry trends driving demand for future jobs
DAMAC issues enabling works tender for its VERA Residences tower in Business Bay
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.
DAMAC to tender construction of a second tower at its AYKON City master development
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
DAMAC has awarded over AED 1.4 billion in construction contracts at AKOYA in the last 6 months
A Weekend of Food, Fun and Festivities Comes to DAMAC Hills Amphitheater in March
DAMAC Hills to host three-day ’Fun and Food Fiesta’ to bring the community together for a fun-filled family weekend
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
DAMAC offers luxury living with epic canal views at Reva Residences in Business Bay
Reva Residences combines affordability and luxury with spectacular Canal views, just minutes from Dubai’s busiest shopping and entertainment hub.
