Thursday 10 July 2014
 
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Damac

Damac offers luxury car with select properties

Damac Properties, a leading luxury real estate developer in the Middle East, has launched its Ramadan promotional offer.   The customers who buy a select luxury Dubai property during the month will be presented w

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Damac project gets green building certification

Dubai-based Damac Properties, a leading luxury real estate developer, said it has become the first company to receive a Green Building Certification from the Department of Planning & Development, Trakhees. Trakhees, the depart

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Damac woos Saudi investors with Hollywood offer

Damac Properties, a leading developer based in Dubai, is offering a special trip to Hollywood for all those who purchase a property at its high-end luxury tower in Riyadh. This exclusive-Ramadan package includes a visit to the stu

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Fendi villas go on sale at Akoya by Damac

Damac Properties has launched the sale of its Fendi-styled villas in Akoya by Damac master development in Dubai.   The 34 properties are located in a private-gated community in the 42 million sq ft development, s

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Damac promotes Dubai’s safe-haven status

Dubai is one of the safest places in the world to invest in luxury real estate, following increased regulation and transparent processes, said a leading developer Damac Properties. Given the increasing interest in Dubai's real

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Damac launches first project on Akoya Drive

Damac Properties has launched the first units on Akoya Drive, including the first hotel from NAIA by Damac.   NAIA luxury hotel rooms and hotel apartments are being made available for investment by the luxury rea

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Damac plans 'Akoya Drive' shopping strip in Dubai

Luxury real estate developer Damac Properties is set to develop Akoya Drive, which will be one of the longest shopping strip experiences in Dubai.   The strip, which will stretch 1.3 km through the Akoya by Damac

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Damac Q1 net profit up 79pc

Damac Real Estate said on Tuesday that its net profit for the first quarter rose 79 per cent as the developer benefited from buoyant conditions in its Dubai home market. Net profit for the first three months of 2014 was $210 milli

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Damac lists $650m sukuk on Nasdaq Dubai

Damac, a leading property developer, today celebrated the listing of a $650 million sukuk on Nasdaq Dubai. Hussain Sajwani, the executive chairman and chief executive of Damac, rang the bell to signal the listing. T

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Damac’s $650m sukuk oversubscribed

Damac Real Estate Development, a leading developer of high-end and luxury residential property in the Middle East, has issued a $650 million five-year Regulation ‘S’ senior unsecured sukuk, which was oversubscribed four times.

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