DAMAC Properties Says Vera Residences “More than 85% Sold”

UAE's developer DAMAC Properties says its Vera Residences in Dubai’s Business Bay received "unprecedented" interest

Business Bay Ranked Fifth Coolest Destination in the World

Largest travel guide, Lonely Planet, ranked the prime multi-purpose residential, commercial, and entertainment destination Business Bay as the fifth must-see neighborhood in the world

Dubai Water Canal Set to Open Tonight

The opening ceremony for the Dubai Water Canal will take place on Wednesday evening with Sheikh Mohammed bin Rashid Al Maktoum inaugurating the new waterway.

Empower Completes Cooling Infrastructure for Damac Project

Emirates Central Cooling Systems Corporation (Empower), a UAE-based company, has finished the district cooling infrastructure project network at Damac Towers by Paramount.

Water Released Into Dubai Water Canal for the First Time

The AED 2 bn Dubai Water Canal project was first flooded with water on Monday afternoon.

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