Dubai’s Damac launches $477k ‘hotel villas’ at Akoya Oxygen

Dubai’s Damac Properties has launched a ‘hotel villa’ concept within its Akoya Oxygen community in Dubailand. The Nova Hotel Villas are available...

Property

‘Strong demand’ for cheap Dubai homes as property prices drop

There is ‘strong demand’ for affordable homes in Dubai as prices in the overall property market decline, an Asteco report has found.The real-estate services...

Property

Damac shares rally in Dubai on London tower plans

Damac shares on Sunday soared by more than 7% after the Dubai developer said it is considering an equity stake in a 50-storey...

Property

Damac opens two hotels near Burj Khalifa in Dubai

The Dubai-listed developer Damac says it has opened two hotel-apartment projects close to the Burj Khalifa, the world's tallest building. The firm says the opening...

Property

Dubai’s Damac says property sales boosted by foreign buyers

Dubai’s Damac Properties posted robust sales in the first quarter of this year due to healthy demand from foreign investors, the firm’s managing...

Property

Property firm Damac to build ‘tropical rainforest’ in Dubai

Just when you thought you couldn’t be surprised by anything Dubai has to offer, the city proves you wrong with a new,...

Property

Damac towers with Paramount, Fendi ties top out in Riyadh

Damac has topped out two branded towers in Riyadh less than 24 months after work began, the Dubai-listed property developer said on Monday.The Damac...

Construction

Dubai’s Damac awards five contracts worth $326m

Damac Properties has awarded five major construction contracts worth $326 million so far this year, the Dubai-listed developer said on Tuesday.The contracts are...