Damac Unveils Seafront Apartment Collection

Damac, a leading Dubai luxury project developer, announces the launch of its exclusive seafront living development - Skycrest Collection - featuring ultra-luxurious apartments designed by Italian fashion house Cav ...

DAMAC Plans 3-Year USD Sukuk for UAE Developer

According to the document from one of the mandated banks, investor calls and meetings are scheduled to start on April 13 and last until April 17. A senior unsecured sukuk could follow but will be dependent on mark ...

DAMAC launches Canal Heights 2 on Dubai Canal

Located on the shores of Dubai Canal in the heart of Business Bay, Canal Heights 2 will embody the essence of blue topaz in its interiors, co-branded by Swiss jeweller de GRISOGONO.

DAMAC Named ‘Property Developer of the Year’

Dubai-based DAMAC Properties has been named the "Property Developer of the Year UAE 2019" at the International Business Magazine Awards, on the back of over AED 480 mn worth of contracts awarded, among other merit ...

Rotana to Operate DAMAC’s Luxury Hotel Apartments in Riyadh

Dubai-based DAMAC Hotels and Resorts has announced the signing of a partnership agreement with the leading hospitality counterpart Rotana Hotel Management to handle the former's luxury hotel apartment project DAMA ...

Damac Revenues Increase by 4%, Profits Decrease by 25% in 2017

Damac Properties, a real estate developer based in Dubai, has recorded a 4% increase in its revenues to stand at AED 7.5 bn (USD 2.04 bn), as well as a 25% decrease in its net profit to reach AED 2.8 bn (USD 762 m ...

Damac Launches Rěva Residences in Business Bay

UAE's real estate developer, Damac Properties, has launched its latest luxury development in Business Bay

DAMAC Initiates Further Construction Work at AKOYA Oxygen

UAE’s real estate developer DAMAC Properties has started further construction works in October worth AED 350 mn at its residential community development, AKOYA Oxygen

Damac to Offer Vera Residences for Sale November 4

UAE’s real estate developer Damac Properties has launched luxury apartments in Dubai’s Business Bay

Damac Posts Lower Profits in Q3- 2017

UAE’s developer, Damac Properties, announces a decline in its profits year-on-year in the third quarter of 2017

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