Press releases

The latest press releases from DAMAC Properties

DAMAC Properties Launches MOD Townhouses to Meet Demand for Contemporary Luxury

Thu, 15 Dec, 2016

Real estate investment made easy as 1,2,3; lucrative rental yields await investors.

DAMAC Properties Awards 15 Major Contracts Worth AED 1.26 Billion from August to November 2016

Wed, 14 Dec, 2016

DAMAC Properties today announced that it has awarded 15 major construction and consultancy contracts valued at AED 1.26 billion during the period between August and November 2016, bringing the total value of contracts awarded so far in 2016 to AED 6.51 billion for projects in Dubai and the UK.

 

DAMAC Towers by Paramount Hotels & Resorts Wins “Tower Project of the Year” Award at Construction Week Awards

Thu, 08 Dec, 2016

Four-tower project gains coveted industry recognition for construction best practice, safety and use of innovative technologies.

DAMAC Properties Showcases Dubai Property Investment Opportunities at Haiwaiyoujia Super Festival in China

Tue, 22 Nov, 2016

DAMAC participates as Golden Partner at World Real Estate Exhibition Tour across four cities from November 18 – 27.

DAMAC Properties Achieves ISO 50001:2011 Energy Management Certification

Tue, 15 Nov, 2016

DAMAC Properties, one of the region’s largest luxury real estate developers, has achieved the ISO 50001:2011 Energy Management Certification, which details requirements for implementing and improving energy management, while also adhering to a systematic approach in energy efficiency and consumption.

DAMAC Properties Launches AKOYA Relax with Free Service, Free Maintenance and Free Property Management for 5 Years

Wed, 02 Nov, 2016

With a starting price of AED 1.6 million, each villa comes with plot title deed for complete ownership and freedom.

DAMAC Properties Awards China State Construction Engineering Corporation AED 554 Million Contract for Paramount Tower Hotel and Residences

Wed, 02 Nov, 2016

DAMAC Properties today announced that it has awarded China State Construction Engineering Corporation (Middle East) LLC (‘China Construction’) a AED 554 million contract to build the Paramount Residences at the Paramount Tower Hotel and Residences in Dubai.

DAMAC Properties Unveils AKOYA Fresh for First-Time Home Buyers

Sat, 29 Oct, 2016

3-bedroom villa for AED 1.2 million in an international golf community ideal for first-time buyers, newly-weds or those welcoming first child. Guaranteed full ownership with plot title deed for each villa

DAMAC Properties Shares Obtain Sharia Compliance Certification from Dar Al Sharia

Tue, 18 Oct, 2016

Dar Al Sharia Islamic Finance Consultancy LLC has recently confirmed that the shares of DAMAC Properties are Sharia-compliant for the purposes of investment and trading.

‘Where I see myself’ - DAMAC Properties Introduces AKOYA Selfie

Wed, 05 Oct, 2016

Stylish 3-bedroom villas present young professionals, couples and families with a refreshing way of life in a vibrant golf community priced at AED 1.2 million payable over  three years plus plot title deed with every villa.

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