Damac Properties

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DAMAC Properties - A leading luxury real-estate company in Dubai offers finest luxury properties in Dubai, UAE. Begin to invest in living the luxury life now!"

DAMAC awards AED 424 million construction contract to Arabtec to build additional villa clusters at AKOYA Oxygen

DAMAC awards AED 424 million construction contract to Arabtec to build additional villa clusters at AKOYA Oxygen

DAMAC Properties has awarded another construction contract worth AED 424 million to Arabtec to build additional villas in AKOYA Oxygen. EFECO (Emirates Falcon Electromechanical Co.), a subsidiary of Arabtec, will be carrying out the MEP works for the project. This…

DAMAC Properties deliveries surpass 20,000 unit milestone as it reports net profit of AED 2.8 billion and booked sales of AED 7.5 billion for FY 2017

DAMAC Properties deliveries surpass 20,000 unit milestone as it reports net profit of AED 2.8 billion and booked sales of AED 7.5 billion for FY 2017

DAMAC Properties Dubai Co. PJSC (DFM: DAMAC) (“DAMAC” or the "Company"), announced financial results for year ended 2017, reporting total revenue of AED 7.5 billion, a 4 % increase over last year and net profit of AED 2.8 billion.   DAMAC…

DAMAC awards AED 600 million construction contract for one tower at its AYKON City master development

DAMAC awards AED 600 million construction contract for one tower at its AYKON City master development

DAMAC Properties has awarded a construction contract worth approximately AED 600 million to China State Construction Engineering Corporation (CSCEC) for the construction of one of the towers at AYKON City, DAMAC’s premiere luxury master development on Sheikh Zayed Road overlooking…

A Weekend of Food, Fun and Festivities Comes to DAMAC Hills Amphitheater in March

A Weekend of Food, Fun and Festivities Comes to DAMAC Hills Amphitheater in March

Uniting the surrounding communities for three days of food, sun and family fun, DAMAC Hills is hosting a ‘Fun and Food Fiesta’ Festival being held at the Trump International Golf Club Dubai Amphitheatre from Thursday, March 15th to Saturday, March…

DAMAC offers luxury living with epic canal views at Reva Residences in Business Bay

DAMAC offers luxury living with epic canal views at Reva Residences in Business Bay

DAMAC Properties today announced the launch of its latest luxury development in Business Bay, Rěva Residences, offering exquisitely-appointed one and two bedroom apartments overlooking the spectacular Dubai Canal. Rěva Residences offers the exclusivity and breath-taking canal views expected of a…

Massive sign in Dubai teases free Tesla when purchasing a home from the builder

Massive sign in Dubai teases free Tesla when purchasing a home from the builder

If you’re thinking of moving into a new home, this must-have amenity could prove very appealing. According to MENAFM, “Damac Properties is offering a new Tesla with the purchase of select units from its portfolio of luxury villas and apartments…

DAMAC’s Hussain Sajwani to Speak on the Digital Skills Imperative at World Economic Forum in Davos

DAMAC’s Hussain Sajwani to Speak on the Digital Skills Imperative at World Economic Forum in Davos

The Founder and Chairman of DAMAC Properties, Hussain Sajwani, will be speaking about the increasing demand for advanced digital skills on day one of the World Economic Forum (WEF), taking place on 23 - 26 January, in Davos, Switzerland. Sajwani's…

DAMAC Properties Secures Naming Rights for Dubai Marina Metro Station

DAMAC Properties Secures Naming Rights for Dubai Marina Metro Station

DAMAC Properties has secured the naming rights for the Dubai Marina as DAMAC Metro Station. The company, which is one of Dubai’s largest luxury real estate developers, has signed a five year agreement with the Roads and Transport Authority (RTA)…

DAMAC Properties Inaugurates Trump International Golf Club Dubai at DAMAC Hills

DAMAC Properties Inaugurates Trump International Golf Club Dubai at DAMAC Hills

In celebration of the opening of the Trump International Golf Club Dubai at DAMAC Hills, DAMAC Properties led a golf course tour, with guests of honour including Eric Trump and Donald Trump Jr. Hussain Sajwani, Chairman, DAMAC Properties, said: “It…

DAMAC sees Cityscape Global 2017 as catalyst for sector growth following decision to allow onsite sales

DAMAC sees Cityscape Global 2017 as catalyst for sector growth following decision to allow onsite sales

DAMAC Properties, a leading luxury real estate developer in the region, sees the decision to allow onsite sales at this year’s Cityscape Global 2017 as a positive step to help boost property sector growth. The 16th Cityscape Global 2017 conference…

DAMAC Properties’ Latest Development Vera Residences More than 85 Percent Sold

DAMAC Properties’ Latest Development Vera Residences More than 85 Percent Sold

DAMAC Properties, a leading luxury real estate developer in the region, announced an unprecedented response to units in Vera Residences, located in Business Bay. The luxury apartments, which boast breathtaking views of Dubai Canal, went on sale on November 4…

DAMAC Properties’ Dubai Shopping Festival Car Promotion Back with Tesla Guaranteed

DAMAC Properties’ Dubai Shopping Festival Car Promotion Back with Tesla Guaranteed

This Dubai Shopping Festival (DSF) DAMAC Properties is offering a brand new Tesla with the purchase of select units from DAMAC’s vast portfolio of luxury villas and apartments. For every qualifying purchase throughout DSF, running from December 26, 2017 till…

Hussain Sajwani – DAMAC Foundation Sponsors ‘One Million Arab Coders’ Initiative

Hussain Sajwani – DAMAC Foundation Sponsors ‘One Million Arab Coders’ Initiative

The Hussain Sajwani – DAMAC Foundation, a joint venture between DAMAC Properties and its CEO Mr. Hussain Sajwani, has signed a partnership memorandum to support and sponsor the One Million Arab Coders initiative. The initiative was launched by UAE Vice…

DAMAC International Close to Identifying Real Estate Investment Opportunities in Croatia

DAMAC International Close to Identifying Real Estate Investment Opportunities in Croatia

DAMAC International is forging ahead with international expansion plans and is assessing several popular coastal destinations in Croatia as it looks into a number of real estate projects. Istria, Dalmatia and Dubrovnik are amongst the cities which DAMAC sees tremendous…

DAMAC Properties Launches Sahara Villas to Pay Tribute to Rich Heritage of Region

DAMAC Properties Launches Sahara Villas to Pay Tribute to Rich Heritage of Region

DAMAC Properties, a leading luxury real estate developer in the region, announces the launch of Sahara Villas, within an international golf community and at the heart of Dubailand. Sahara Villas will go on sale on Saturday, 9 December, from 10am…

UAE Company DAMAC Properties Ranks First on Forbes Global 2000 List of Fastest Growing Companies Worldwide

UAE Company DAMAC Properties Ranks First on Forbes Global 2000 List of Fastest Growing Companies Worldwide

DAMAC Properties, a leading luxury real estate developer in the region, has clinched the number one spot on the Forbes Global 2000 List of Growth Champions, making it the fastest growing company worldwide among the top 2,000 listed by Forbes.…

DAMAC Properties Holds Special Sales Event for Range of Villas Across AKOYA Oxygen Development

DAMAC Properties Holds Special Sales Event for Range of Villas Across AKOYA Oxygen Development

DAMAC Properties, a leading luxury real estate developer in the region, announces a special one-day sales event on a selection of its luxury Dubai villas at AKOYA Oxygen. The villas present an opportunity to enjoy luxury living in an international…

Ali Sajwani Recognised as Future Leader at Business Awards Honouring Region’s Top Achievers

Ali Sajwani Recognised as Future Leader at Business Awards Honouring Region’s Top Achievers

Ali Sajwani, son of DAMAC’s Founder and Chairman, Hussain Sajwani, was recognised as one of Middle East’s “Future Stars” at a red carpet awards ceremony, held last night in Dubai that was attended by VIPs, business leaders from the region,…

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