Dubai’s Damac announces new golf course towers

Dubai-listed real estate developer Damac Properties has launched the Golf Vita residential towers at Damac Hills. The developer says that the towers...

Property

Damac chairman discusses Croatian investment opportunities

Hussain Sajwani, the chairman of Dubai’s Damac International, has discussed tourism investment opportunities in Croatia with Kolinda Grabar-Kitarović, president of Croatia, during...

Property

Dubai’s Damac Properties appoints vice chairman

Following a board meeting that was held on 22 June, 2017, Damac Properties has appointed Farooq Arjomand as its new vice chairman....

Construction

Former Damac MD joins Saudi developer

Former Damac Properties managing director Ziad El Chaar has been appointed as chief executive of the Riyadh-listed Dar Al Arkan Real Estate...

Property

Ziad El Chaar resigns as MD of Dubai’s Damac Properties

Ziad El Chaar has resigned from his position as managing director and executive board member of Damac Properties. The reasons behind his...

Property

Damac: Up to 12,000 new units to hit Dubai market in 2017

Developer Damac expects between 11,000 and 12,000 residential units to hit the Dubai market this year, an increase on previous years, it...

Infrastructure

Dubai’s Damac awards $11m contract for infra works

The Dubai developer Damac says it has awarded Proscape LLC a contract worth AED 40 million ($11m) for the roads and infrastructure...

Property

Damac unveils hotel overlooking Trump golf course in Dubai

Developer Damac Properties has unveiled a project called Golfotel, which it says will be Dubai’s only premium five-tower hotel property surrounded by...