Press releases

The latest press releases from DAMAC Properties

Malibu Beach & Lazy River opens in DAMAC Hills 2 along with a host of new and exciting amenities

Thu, 18 May, 2023

Dubai, UAE, 18 May 2023: DAMAC Properties is thrilled to announce that its DAMAC Hills 2 community has opened up a host of new amenities for residents to enjoy, including its very own Malibu Beach and Lazy River, bringing cool Californian coast vibes right to residents’ doorsteps. 

The opening of these leisure facilities is in line with the Dubai-based developer’s commitment to raising the bar when it comes to community living, ensuring that residents have everything they need right on their doorsteps. 

DAMAC Lagoons progresses as new contracts awarded

Mon, 15 May, 2023

DUBAI, UNITED ARAB EMIRATES, 17 May 2023: DAMAC Properties, one of the leading luxury real estate developers in the Middle East, has awarded contracts for the main works of two clusters, Nice N2 and Nice N3, and the backbone infrastructure works at the DAMAC Lagoons master community development in Dubai Land.

The contract for the main works of Nice N2 and Nice N3 clusters has been awarded to Delta Al Emarate Building Contracting (L.L.C).

DAMAC extends support to the UAE’s first-ever labour award

Fri, 12 May, 2023

Dubai, United Arab Emirates, 11 May 2023: Leading UAE-based real estate development company, DAMAC Properties is pleased to announce that it has extended support for the first edition of the Emirates Award for Leadership in the Labour Market.

As a Diamond Sponsor, DAMAC Properties will join the legion of companies supporting the government in recognising domestic workers, labourers, companies and businesses in the UAE and honouring best practices.

DAMAC Properties Launches Canal Crown

Thu, 11 May, 2023

Dubai, UAE, 11 May 2023: An architectural marvel, DAMAC Properties gets ready to unveil its latest project, Canal Crown.

The new project will be located on Dubai Canal, neighbouring a range of new towers launched by the property developer.

With affluent strokes and sophisticated waterfront living ambience, the tower will showcase the prowess of de GRISOGONO at their finest yet.

DAMAC Real Estate Development Limited (DAMAC) Joins UN Global Compact Initiative

Mon, 08 May, 2023

DAMAC has joined the United Nations Global Compact initiative — a voluntary leadership platform for the development, implementation and disclosure of responsible business practices.

With this announcement, DAMAC joins other companies globally committed to taking responsible business action to create the world we all aspire to.

Dubai Land Department simplifies unit Registration Processes by signing agreement with DAMAC Properties

Mon, 01 May, 2023

Dubai, UAE, 01 May 2023: DAMAC Properties becomes the first developer in Dubai to sign a new registrations process with the Dubai Land Department that simplifies the registration of all sales transactions directly.

An agreement was signed between Majid Saqer Al-Marri - CEO of the Real Estate Registration Sector at Dubai Land Department (DLD) and Aqil Jaffar Ali, Senior Vice President, DAMAC.

DAMAC Adds the Magic of Mykonos to the DAMAC Lagoons Community

Wed, 26 Apr, 2023

Dubai, United Arab Emirates, 26 April 2023: DAMAC Properties, one of the Middle East’s leading real estate developers, has announced the launch of a new cluster at its latest and third master community, DAMAC Lagoons.

Mykonos will be the 10th cluster at the community, in addition to the existing nine clusters that consists of Santorini, Costa Brava, Nice, Portofino, Venice, Malta, Monte Carlo, Marbella, and Ibiza.

DAMAC’s Safa One tower Progresses with Construction Milestone

Wed, 19 Apr, 2023

DUBAI, UAE, 19 April 2023 - DAMAC Properties, a leading luxury real estate developer in the Middle East, is pleased to announce that the enabling works stage for Safa One de GRISOGONO is currently nearing completion.

The shoring and excavation works, which were also awarded to National Piling and Land Draining Works LLC as a separate package, was completed earlier this year, marking a significant milestone in the project's development.

DAMAC Bay 2 by Cavalli welcomes residents to enjoy the wonders of nature

Fri, 14 Apr, 2023

Dubai, UAE – 13 April 2023: DAMAC Properties has officially announced the launch of DAMAC Bay 2 by Cavalli. Characterised by an eye-pleasing layout designed by the iconic Roberto Cavalli brand, this opulent high rise tower welcomes residents to experience a high-end lifestyle complimented by an enthralling natural ambiance. 

DAMAC Wins bayut-dubizzle Developer of the Year 2022 Award

Thu, 06 Apr, 2023

DAMAC Properties, a leading luxury real estate developer in the Middle East, has been recognised with the prestigious Developer of the Year 2022 award by bayut-dubizzle Stronger Together Awards 2022.

The award ceremony was held at The Terrace, Jumeirah Emirates Tower where the who’s who of the real estate fraternity gathered to select the People’s Choice Awards 2022, based on a total of 50,000 votes.

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