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...

Property

Damac shares dive 10% on dividend news

Shares in Damac plunged by almost 10% on Monday morning, as the Dubai developer proposed a stock, rather than cash, dividend for...

Property

Akoya sales help boost Damac revenues by 64%

The Dubai property developer Damac today reported revenues of $2 billion for 2014, a 64% rise on the previous year, driven by...

Construction

Tiger Woods to design golf course in Dubai for Damac

Champion golfer Tiger Woods will design a new 18-hole golf course in Dubai, to be built by Damac Properties and operated by...

Construction

Cityscape 2014 points to Dubai market growth

Held from 21 to 23 September, this year’s edition of Cityscape has been hailed as a return to form of the region’s...

Features

Blockbuster in the Works

Dubai’s construction ambitions have always veered to the high life, with the city’s architecture reflecting an obsession with glitz and glamour. When...