The latest press releases from DAMAC Properties
DAMAC Properties, a leading luxury real estate developer in the region, has been recently awarded the ‘Property Developer of the Year UAE 2019” at the International Business Magazine Awards.
DAMAC Properties reports revenue of AED 1.9 billion and sales of AED 1.8 billion in the first half of 2019
DAMAC Properties Dubai Co. PJSC (DFM: DAMAC) (“DAMAC” or the "Company"), announced financial results for the first half of 2019, reporting a total revenue of AED 1.9 billion, with booked sales reported at AED 1.8 billion.
Mina Al Sultan Qaboos Waterfront Project Gains Traction With Construction Set To Begin In November 2019
The transformation of the historical Mina Al Sultan Qaboos waterfront area is progressing rapidly as the project completes several preparatory activities in accordance with the project masterplan that has been approved by the Ministry of Tourism and Ministry of Housing in Oman.
DAMAC Properties has commenced handovers at the ‘Claret’ cluster of its landmark 55 million square-feet master development, AKOYA. Claret, which consists of 315 townhouses, is nestled amidst lush green surroundings and world-class amenities.
DAMAC Properties announced the launch of its new project, ‘Zada’, in Dubai’s Business Bay area. Priced at AED 699,999, the exquisitely designed one-bedroom apartments offer views of the iconic Dubai Canal.
Ghalia, DAMAC’s first Sharia compliant offering welcomes residents as the project enters the handover phase. The development houses 727 fully furnished, luxury apartments and is located in the heart of the Jumeirah Village Circle community.
DAMAC Properties reports revenue of AED 896 million and sales of AED 1.2 billion in the first quarter of 2019
DAMAC Properties Dubai Co. PJSC (DFM: DAMAC) (“DAMAC” or the "Company"), announced financial results for the first quarter of 2019, reporting total revenue of AED 896 million, with booked sales reported at AED 1.2 billion, 15% higher than AED 1 billion recorded in Q4 2018.
MaSQ to welcome neighbours and international visitors to discover the future of the region’s largest waterfront transformation
Mina Al Sultan Qaboos’ (MaSQ) on-site discovery centre is currently being outfitted, and will soon open its doors to the public, announced DAMAC International, a leading regional developer.