DAMAC Properties Media Centre
Welcome to the DAMAC Properties Media Centre. Explore the latest Company news, views and information about our projects and developments. In addition, review industry research and analysis from third-party companies on the Middle East’s real estate market.
Press releases
DAMAC Alkhair Initiative Brings Joy to Thousands with Iftar Meals Distribution in Collaboration with RTA this Ramadan
Dubai, UAE, 03 April 2024 –Embracing the spirit of community service during the Holy Month, DAMAC Properties, a leading luxury real estate developer in the UAE, collaborated with the Roads and Transport Authority (RTA) to distribute around 8,000 iftar meals and 3,000 gift boxes to on-ground staff in its communities, construction sites and selected RTA location across Dubai.
RIC secures contract for new cluster in DAMAC Hills 2
Leading real estate developer, DAMAC Properties has awarded UAE-based firm, Royal International Contracting (RIC) a new contract of AED 240 million, for main works for a new cluster in DAMAC Hills 2.
The scope of work includes the construction of the main works package for 526 townhouses located within the thriving 55 million sqft master community of DAMAC Hills 2.
DAMAC Hills 2 Community Emerges as One of the Highest Transacted in the UAE
Off-plan apartments registered and averaged a robust growth of 16% in price per square foot from 2021 to end of 2023 Data from the Dubai Land Department (DLD) has revealed compelling insights, placing units in DAMAC Hills 2 as one of the highest transacted in the UAE.
DAMAC Unveils Autograph Collection – An Exclusive Enclave of Boutique Villas in DAMAC Hills
Dubai, UAE, 26 March 2024 – DAMAC Properties, a leading luxury real estate developer in the UAE, announces the launch of its latest luxury residential offering, the Autograph Collection, within the prestigious DAMAC Hills community. These meticulously designed boutique residences mark an expansion of DAMAC's premium homes portfolio, bringing an unmatched level of sophistication and elegance to Dubai's real estate landscape.
