Saturday 25 April 2015
 
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Damac

Damac Q1 net profit plunges 38pc

Damac Properties, a leading luxury project developer in Dubai, UAE, said its first-quarter net profit fell 38 per cent despite surging revenue because a year earlier its bottom line benefited from a big one-off gain from an associate.

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Damac to deliver over 35,000 units in Dubai

UAE-based luxury projects developer Damac Properties is set to deliver more than 35,000 residential units and hotel apartments in Dubai over the next five years, said a report. The mixed platter includes everything from branded lu

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Damac starts work on Dubai residential project

Luxury real estate developer Damac Properties said it has started work on 1,500 homes at its ambitious Trump World Golf Club project in Dubai, UAE, following the completion of the design work at the Tiger Woods-planned property. O

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Damac unveils bumper week of promotions

Damac Properties, a leading luxury real estate developer in Dubai, UAE, has kicked off its biggest week of pre-summer promotional offers on luxury living experiences since 2010. The company has announced a programme of easy paymen

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Damac adds two new hospitality projects in Dubai

Luxury real estate developer Damac Properties has launched two new serviced hotel apartments in the Burj area in Dubai, UAE. Damac Maison The Vogue and NAIA Breeze are now welcoming guests and have a joint capacity of more than 50

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Damac to enter London real estate market

Dubai property developer Damac will consider taking an equity stake in a project to build a 50-storey mixed-use tower in central London, which would mark its entry into the British market, it said on Sunday. The second biggest Dub

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Overseas buyers, expats driving Damac sales

Dubai developer Damac Properties posted strong property sales in the first quarter thanks to robust demand from foreign buyers, its managing director told Reuters on Monday. Sales hit Dh2.8 billion ($762 million) in the first thre

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Damac to offer big sales deals at Dubai show

Damac Properties, a leading property developer in the UAE, will be announcing special offers and payment plans for a  number of properties across a select portfolio in Dubai at the upcoming International Property Show 2015. A

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Damac unveils 'Jewel in the Crown’ villas in Dubai

Luxury real estate developer Damac Properties has launched the ‘Jewel in the Crown’ luxury villas and mansions at its Akoya by Damac master development in Dubai, UAE. Trump PRVT – a limited collection of exclusiv

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Damac's Saudi towers topped out

Luxury real estate developer Damac Properties has announced that two of its iconic towers in the heart of Riyadh, Saudi Arabia, have been topped out less than two years after work began. The Esclusiva and Tower by Paramount projec

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