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...

Damac Towers by Paramount project in Dubai ‘85% complete’

Damac, the Dubai-based real estate and property developer, has said that its Damac Towers by Paramount Hotels and Resorts, a four-tower, 250m-high...

Dubai’s Damac awards contracts worth $381m in Jan-Feb

Developer Damac Properties says it awarded contracts worth AED 1.4 billion ($381 million) during January and February 2017 for its projects in...

In pictures: Trump sons in Dubai for Damac golf course launch

Dubai’s Damac sees Q4 profit edge up 1.3%

The Dubai developer Damac saw profit rise by 1.3% in the last quarter of 2016, as the property market in the emirate...

Dubai developer renames Trump golf community ‘Damac Hills’

The Dubai developer Damac has said it is renaming a development that will feature a Trump-branded golf course. The Akoya by Damac...

Damac launches new villas at Akoya Oxygen

The Dubai-listed property developer Damac says it is launching a new series of villas at its Akoya Oxygen community. The ‘Akoya Play’...

Dubai’s Damac offers BMWs with property purchases

The Dubai developer Damac is offering a BMW or other luxury car with apartment sales worth more than AED 599,000 ($163,000). The...

Dubai’s Damac Properties Q3 profit slips 11.7%

Damac Properties has reported a 11.7% fall in third-quarter net profit, according to a statement to the Dubai market, on which the...

Damac hands over first Dubai South units

Damac has started handing over units in a building in the Dubai South district, which it says marks the first project to...