Sunday 19 November 2017
 
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Akoya

Damac awards $171m villas contract to Arabtec

Damac Properties, a leading luxury real estate developer in the region, has awarded Arabtec Construction a Dh628-million ($171 million) contract to develop 1,296 villas at its Akoya Oxygen master development in Dubai, UAE. Arabtec

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Damac Properties Q1 profit hits $240m

Damac Properties Dubai, a leading property developer in the Middle East, has posted a net profit of Dh880 million ($240 million) for the first quarter of 2017, achieving net margins of 45 per cent. Damac recorded revenues of Dh1.9

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Damac awards $11m contract for Akoya Oxygen works

Damac Properties, a top luxury real estate developer in the region, has awarded a contract worth Dh40 million ($10.88 million) for the roads and infrastructure works within Akoya Oxygen, a 55-million-sq-ft lush green development in Dubai, UAE.

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Damac reports 180m safe man hours in Dubai

Damac Properties, a leading luxury real estate developer in the region, has completed more than 180 million safe man hours across all of its projects in Dubai, UAE. Damac Properties’ high-rise developments in Dubai clocked o

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Damac Properties renames golf community development

Damac Properties, a leading luxury real estate developer in the region, has announced that it will be renaming a development, featuring a Trump International Golf course. The Akoya by Damac master-planned community will now be known as

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Damac awards $343m contracts in four months

Dubai-based developer Damac Properties has awarded 15 major construction and consultancy contracts valued at Dh1.26 billion ($343 million) during the period between August and November 2016, bringing the total value of contracts awarded so far i

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Damac's Akoya Imagine Phase One villas sold out

Damac Properties announced today that Phase One of its Akoya Imagine villas in Dubai, UAE, has been sold out, and the launch of the second phase is planned for the end of July. The contemporary-styled villas, which are designed an

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Damac's Akoya Imagine Phase One villas sold out

Damac Properties announced today that Phase One of its Akoya Imagine villas in Dubai, UAE, has been sold out, and the launch of the second phase is planned for the end of July. The contemporary-styled villas, which are designed an

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Trump's Dubai real estate partner strips image from project

A Dubai real estate firm building a $6 billion golf complex with Donald Trump on Thursday stripped the property of his name and image amid a backlash over the US presidential candidate's proposal to ban all Muslims from entering the United

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Dubai to house Middle East's first Rainforest

Dubai is set to become home to the Middle East’s first tropical Rainforest, as the emirate continues its drive to attract tourism from all over the world. The tropical ecosystem, which was announced by leading luxury developer Dam

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