Press releases

The latest press releases from DAMAC Properties

DAMAC Introduces Reva Heights in Business Bay

Sun, 2018-07-29 17:58

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

Sun, 2018-07-22 11:09

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

Wed, 2018-07-11 12:33

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

Sun, 2018-06-10 11:51

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

Tue, 2018-05-15 16:32

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

Mon, 2018-05-14 16:24

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

Wed, 2018-05-02 15:56

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

Mon, 2018-04-30 15:29

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

Tue, 2018-04-24 16:48

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.

DAMAC Chairman sees innovation as catalyst for sector growth in the run up to EXPO 2020

Tue, 2018-04-17 18:29

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

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