DAMAC’s Net Profits Grow in Q1

Dubai real estate developer DAMAC Properties posts net profits of AED 880.44 mn in Q1 of 2017, down 16.2% compared to AED 1.05 bn in the same period a year earlier, Invest-Gate reports.

DAMAC Properties Appoints Proscape LLC Infrastructure Tenders

Leading luxury real estate developer DAMAC Properties assigns Proscape LLC construction tenders for infrastructure projects at its new AKOYA Oxygen project in Dubai, Invest-Gate reports.

Dubai’s DAMAC Showcases New Kenda Villas

Dubai-based DAMAC Properties showcased on April 12 its new Kenda Villas, a range of stone villas located in a private enclave of the international golf community, AKOYA Oxygen, Invest-Gate reports.

Damac Launches Akoya Manarola Project

Damac Properties, a UAE-based developer, on Thursday announced the launch of Akoya Manarola at its Akoya Oxygen development.

Trump a ‘strong brand’ -Damac Chairman

Damac Properties Chairman, Hussain Sajwani, spoke about US President-Elect Donald Trump's positive impact on sales and his status as a strong brand.

Damac Records 23% Drop in Nine-Month Net Profit

Dubai-based real estate developer Damac Properties reported net profits of AED 2.84 bn in the first nine months of 2016, marking a drop of 23% compared to the same period last year.

DAMAC Announces Launch of Akoya Relax

Dubai-based developer DAMAC Properties announced on Wednesday the launch of Akoya Relax, a community in its Akoya Oxygen development.

First Dubai South Project Ready for Handover

Dubai's Damac Properties announced the completion of the first project in Dubai South on Wednesday.

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