DAMAC hands over ZADA Tower in Business Bay to customers

Developer DAMAC Properties has announced the handing over of its ZADA Tower development in Business Bay to customers. The handover adds to...

Construction

DAMAC Data Centres’ KSA facilities to go live before end of 2023

DAMAC Data Centres said that its facilities in Riyadh and Dammam will go live before the end of 2023. Speaking at LEAP...

Property

DAMAC launches Cavalli Couture at Safa Park in Dubai

DAMAC Properties has launched Cavalli Couture, the property developer’s latest ultra-luxury branded living experience overlooking Safa Park along Dubai Canal. The project...

Property

DAMAC launches new luxury tower in collaboration with Zuhair Murad

Developer DAMAC Properties has announced the launch of a new luxury property, the 25-storey Elegance Tower in Downtown Dubai. In a statement,...

Construction

DAMAC and de GRISOGONO launch Safa Two tower

Following the launch of Safa One de GRISOGONO, DAMAC Properties has announced the launch of Safa Two, also in association with Swiss...

Property

North America a key target market for DAMAC

The North American market is key for DAMAC in the near and medium term according to Senior Vice President Niall McLoughlin, in...

Construction

Damac Properties awards $136mn contract for Damac Lagoons development

A $136 million construction contract has been awarded by Damac Properties to Shapoorji Pallonji for the main works at the Santorini Cluster...

Consultant

S&P Global upgrades DAMAC rating as developer returns to growth

Dubai-based developer DAMAC Properties has been upgraded to B+ by S&P Global Ratings off the back of the real estate company returning...

Construction

Hussain Sajwani-owned investment vehicle makes bid to acquire 100% of DAMAC Properties

Maple Invest Company, a fully owned vehicle by Hussain Sajwani, the Dubai billionaire, has launched an offer to acquire 100% of the...

Property

DAMAC concludes COVID-19 vaccination drive

DAMAC Properties has announced that it has concluded its COVID-19 staff vaccination drive. The Dubai-based developer said that employees and their spouses...