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...

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...