Dubai’s Damac launches Viridis at Akoya Oxygen ahead of Cityscape

Dubai’s Damac Properties has announced the launch of Viridis, a four-tower project consisting of residential units and hotel apartments in Dubailand, ahead...

Construction

First Dubai South hotel apartments ready soon, says Damac

A Damac Properties development in Dubai South is set to complete within six months, marking the first luxury serviced hotel apartments to be...

Construction

Dubai markets: Emaar and Damac shares fall further

Some of the UAE’s biggest real-estate companies saw continued share-price declines on Monday, with the overall Dubai Financial Market (DFM) index down by 1.44%.The...

Construction

Emaar, Damac and Arabtec shares hit hard as Dubai market falls 6%

Shares in some of the UAE's biggest real estate and construction firms saw massive declines on Sunday morning, helping push down the...

Property

Damac shares soar 15% on Dubai market as Q2 profits triple

Shares in Damac Properties soared by 15% on Wednesday after its financial results indicated the developer’s second-quarter profits had tripled.The Dubai-listed firm...

Construction

Emirates REIT in $56.7m deal to build school at Akoya in Dubai

Emirates REIT, a real-estate investment trust, says it plans to spend $56.7 million (AED208.3m) in building a school at the Akoya by Damac development...