Luxury real estate developer Damac Properties has announced that two of its iconic towers in the heart of Riyadh, Saudi Arabia, have been topped out less than two years after work began.
The Esclusiva and Tower by Paramount projec
Damac Properties’ shares are set to be added to Dubai Financial Market’s general index (DFMGI) and to sector indices as on February 22, lifting the number of combines included in the index to 35.
Shares of Damac have b
Leading luxury real estate developer Damac Properties has awarded five major construction contracts worth Dh1.2 billion ($326.6 million) in Dubai this year, thus signifying its firm belief in UAE emirate's real estate market.
Damac Properties, a leading developer of high-end and luxury residential property in the Middle East, said its net profit surged to Dh3.48 billion ($947 million) in the 12 months to December 31, 2014 from Dh2.35 billion ($641.5 million) the prev
Dubai-based property developer Damac reported an 11 per cent rise in fourth-quarter profit on Monday as it handed over nearly 1,000 units.
The developer, which originally listed global depository receipts in London before joining
Dubai's Damac will list on the Dubai Financial Market (DFM) on Monday, a bourse spokesman said, after the developer offered holders of its London-listed global depository receipts (GDRs) shares in its holding company instead.
Luxury real estate developer Damac Properties has opened its third luxury serviced hotel apartments in the Burj Area of Dubai, UAE – Damac Maison Cour Jardin – managed by the company’s hospitality arm, Damac Maison Hotels &
Luxury real estate developer Damac Properties is offering new buyers of its villas or apartments the opportunity to win a 2015 Mercedes Benz or Aston Martin during the month-long Dubai Shopping Festival.
Niall McLoughlin, senior v
Golfing superstar Tiger Woods will design the new 18-hole championship golf course to be built in Dubai, UAE, by luxury real estate developers Damac Properties and operated by The Trump Organization.
Set within the 55-million
Almost one third of all high-rise (above 250 m) residential towers in Dubai, UAE, have been, or are being, developed by luxury real estate developer Damac Properties, said its top official.
The company is responsible for 27 per ce