Dubai-listed Damac eyes US projects

The Dubai-listed developer Damac Properties says it wants to explore projects in key US cities as part of its international expansion plans.Damac...

Consultant

Al-Futtaim Engineering’s elevator division wins contract for Ocean Heights in Dubai

Al-Futtaim Engineering’s Elevators division has won an annual maintenance contract from Damac to maintain the Hitachi elevators in the developer’s Ocean Heights...

Property

Damac to sell first Aykon City hotel rooms overlooking Dubai Canal

Damac Properties today announced the sales launch of the first hotel rooms at its Aykon City project overlooking the Dubai Canal.The rooms...

Construction

India’s Punj Lloyd wins $45m contract in Dubai

Punj Lloyd, India’s second largest engineering and construction company, has announced that it has won a $45.7 million contract for work on...

Property

Damac sees ‘unprecedented demand’ for Aykon City project in Dubai

Damac reports “unprecedented demand” for the initial release of units at its Aykon City project, an upcoming six-tower project by the Dubai Water Canal.The...

Construction

Damac unveils $2bn Aykon City at Dubai Canal

Damac has unveiled details of a $2 billion development overlooking the Dubai Water Canal, with construction on the project due to start...

Construction

Damac pays $343m for Dubai Water Canal land plots

Developer Damac has paid AED 1.26 billion ($343 million) for plots of land close to the Dubai Water Canal, it said in...

Property

Damac: Short supply to boost Dubai market

A shortage in supply of new homes is set to boost the Dubai property market in 2016, with fewer than 10,000 units...

Property

Damac launches five more towers at Akoya Oxygen

Real estate developer Damac Properties has announced an $850 million five-tower complex at its Akoya Oxygen golf course community in Dubai.Residential units...