#Damac Properties

DAMAC islands launches

DAMAC Islands launches officially; aims to redefine luxury living

The project is the sixth master community in the DAMAC Properties’ portfolio, unveiling an island living theme inspired by sought-after global island destinations

Golf Greens in DAMAC Hills

DAMAC unveils Golf Greens, residential townhouse development in DAMAC Hills

The residential development will feature luxury apartments and townhouses

DAMAC awards main works contract for Cavalli Tower_2

DAMAC awards Dhs886m main works construction contract for Cavalli Tower

China State Construction Engineering Corporation will carry out main works construction of the 71-storey Cavalli Tower

Dubai

Dubai home sales surge even as prices for larger houses moderate

Prices for villas grew at a monthly rate of 1.7 per cent in June, down from an average of 2.3 per cent per month last year

damac properties us miami

Dubai’s Damac Properties makes US entry by winning $120m bid in Miami

The property in the Miami neighbourhood of Surfside will offer residents direct beach frontage and access to South Beach and Bal Harbour

Dubai-based Stake hosts MIT student team for six-month project

The project will entail developing a analytics model that will collect historical market data on Dubai’s residential market dating back over 10 years

real estate

Here’s how proptech is changing the real estate industry

Over the years, more complex technological tools have found their way into the real estate industry, changing the way properties are constructed, sold, and managed

Sajwani’s Maple extends offer to acquire 100% of Damac Properties

Arqaam Capital is acting as receiving agent with respect to the offer

Sajwani’s Maple Invest postpones acquisition of Damac Properties

On June 9, Hussain Sajwani offered to acquire 100 per cent of the listed company via Maple Invest

Dubai tycoon Hussain Sajwani resigns, makes $599m offer to take Damac private

Damac traded below the Dhs1.3 per share offer price on Wednesday

Dubai’s Damac posts Dhs1bn 2020 loss; head says market recovery may take up to 2 years

The developer posted Dhs4.7bn in total revenues for 2020

Dubai’s Damac Properties awards contract for Zada project

The contract worth Dhs181m was awarded to Trans Emirates Contracting to begin main work on Zada