UAE-based luxury project developer Damac Properties has capped off a strong Q1 performance, emerging as the market leader in March. With AED3.12 billion ($849 million) in sales across 1,106 transactions, Damac reinforces its dominant market position, said its top official.
Dubai master developer Damac has announced that work is in full swing on its Safa One development which continues rise steadily on the Dubai skyline. The overall construction stands at 56% completion, with core wall levels advancing to Level 46 in Tower A and Level 49 in Tower B.
Damac Properties has reached a key construction milestone with the topping out of the Cavalli Tower, its AED1 billion ($272 million) ultra-luxury residential development and the world’s first tower with interiors designed by iconic Italian fashion house, Roberto Cavalli.
Damac Properties, the UAE’s largest private luxury real estate developer with an extensive global footprint, has announced a new opportunity for travellers, dreamers, and creators across the globe: the chance to become The Ultimate Damac Islander.
