Thursday 3 September 2015
 
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Damac

Damac to hand over Dubai South homes in 2016

Luxury real estate developer Damac Properties is to deliver the first homes within its flagship project, Dubai South, over the  next six months. The 145-sq-km city, which includes the Al Maktoum International Airport and the

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Damac Properties Q2 profit triples

Dubai's Damac Properties on Wednesday said its second-quarter profit more than tripled as its subsidiary's revenue rose. The privately run developer, which listed on Dubai's bourse in January, reported a net profit of

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China investment in Dubai property tops $354m

Chinese investors pumped in more than CNY2.2 billion ($354 million) last year in Dubai’s property market, marking a rise of nearly 300 per cent compared to a year earlier, said the organisers of an investment programme in China.

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Damac launches 'fashion residences' in London

Damac Properties, a leading luxury real estate developer, said one of its subsidiaries plans to build a luxury residential tower in south-west London’s Nine Elms regeneration area. Dico UK Property Holdings will be kicking o

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Damac launches 'fashion residences' in London

Damac Properties, a leading luxury real estate developer, said one of its subsidiaries plans to build a luxury residential tower in south-west London’s Nine Elms regeneration area. Dico UK Property Holdings will be kicking o

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Damac launches luxury hotel residences project

Damac Properties, a leading luxury real estate developer, has joined hands with Paramount Hotels & Resorts to launch a 826-key luxury hotel and residences tower on Sheikh Zayed Road in Dubai, UAE. The ‘Paramount Residenc

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Damac launches luxury hotel residences project

Damac Properties, a leading luxury real estate developer, has joined hands with Paramount Hotels & Resorts to launch a 826-key luxury hotel and residences tower on Sheikh Zayed Road in Dubai, UAE. The ‘Paramount Residenc

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Damac awards $762m contracts in first 5 months

Leading luxury real estate developer Damac Properties said it has awarded more than Dh2.8 billion ($762 million) in construction contracts in the first five months of 2015. The awards include the main works packages on more than 1

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Damac Paramount hotels project on fast track

Luxury real estate developer Damac Properties said work on its Hollywood-inspired Paramount Hotels & Resorts project in the Burj Area of Dubai, UAE, is moving forward at a good pace with 60 per cent of the superstructure already completed.

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Damac developing NAIA brand hotels in Dubai

Luxury real estate developer Damac Properties said work is currently in progress on two NAIA brand hotels in Dubai, UAE, which will be completed in the next couple of years and will serve the UAE emirate’s new central hub around Al Maktoum

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