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UAE ‘top destination for European expats’UAE is one of the top destinations for European expatriates looking for new opportunities and an improved quality of life, according to the latest study by Damac Properties. With average unemployment across the Eurozone countries More… |
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Damac’s new Jordan property topped outDamac Properties, one of the largest luxury private developers in the Middle East, has announced that The Heights in Amman, Jordan is now topped out. In what will be the highest residential tower in the country when it is delivere More… |
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Damac inks Iraq housing JV dealDubai developer Damac Properties has joined forces with Al Fao General Engineering Company, a subsidiary company of the Iraqi Ministry of Housing and Construction, to set up a new venture for development of its housing projects in the country. More… |
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Damac, Iraq ink deal to develop key projectsUAE-based Damac Properties has signed a memorandum of understanding with the Iraqi Minister for Construction and Housing towards developing key projects in Baghdad. The region’s largest private luxury developer already has t More… |
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Damac’s Jeddah project reaches 28th floorDamac Properties, the Middle East’s largest luxury developer, has announced that construction of the Al Jawharah Damac Residences Tower in Jeddah has reached the 28th floor. Damac Properties, in its collaboration with Versace Home More… |
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Damac plans 4,000 serviced apartmentsDamac Properties, a leading luxury developer, plans to provide five-star management and concierge service across with 4,000 hotel apartments under development by the end of 2013, said a senior official. “The 4,000 units under deve More… |
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Damac completes foundation for Beirut towerDamac Properties, the largest private developer in the Middle East, has completed the raft foundation for its iconic Damac Tower, a $300 million premium project in Beirut. The main contractors MAN Enterprises s.a.l have now finish More… |
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UAE among top five in rental yieldA report by Global Property Guide has revealed that UAE is among the top five countries in the Mena region in terms of rental yields, luxury developer Damac Properties said. The study compared the rental yields of apartments, all about 12 More… |
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Damac occupancy rates 97pc highOccupancy rates across Damac Properties’ residential development portfolio in Dubai is well above average, and as high as 97 per cent in some properties, the luxury developer has revealed. The average residential occupancy rate in Dubai is More… |
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Damac completes 1st phase of Cairo mallDamac Properties, the leading private developer in the Middle East, has announced it has completed the first phase of its Cairo shopping mega mall. Park Avenue on Cairo Alex Desert Road will be Cairo’s premier boutique retail and commercia More… |
