Press releases

The latest press releases from DAMAC Properties

DAMAC Coral Reef unveiled as the developer’s newest seaside project at Dubai Maritime City

Wed, 16 Aug, 2023

Dubai, UAE, 16 August 2023: DAMAC Properties announced the launch of its latest project, DAMAC Coral Reef, to be developed within the picturesque Dubai Maritime City. This exclusive waterfront development promises to redefine luxury living with a captivating blend of artistic expression and exceptional coastal charm.

DAMAC's 120-villa Maldives Island Resort Construction on Track for 2025 Delivery

Thu, 10 Aug, 2023

DAMAC International has announced that construction of its Mandarin Oriental Bolidhuffaru Reef Resort, currently under development in the Maldives, is keeping a progressive pace.

The project’s beach villa foundations and structure are underway, while the beach reclamation works are almost complete. The infrastructure for the island is also nearing completion.

DAMAC Lagoons Awards AED 2.4 Billion Worth of Contracts in the First Half of 2023

Mon, 07 Aug, 2023

Dubai, United Arab Emirates, 7 August 2023: Leading UAE-based real estate developer DAMAC Properties has secured contracts worth AED 2.4 billion for its DAMAC Lagoons project since the beginning of this year.

Our Founder and Chairman Hussain Sajwani hosted remarkable athletes from Shabab Al Ahli Dubai Club

Fri, 04 Aug, 2023

Our Founder and Chairman Hussain Sajwani hosted remarkable athletes from Shabab Al Ahli Dubai Club, the UAE Pro League Champions, at a special luncheon to celebrate their victorious season. Their unwavering dedication and exceptional skill have brought immense pride to us all.

Click this link to watch the video.

DAMAC Launches The Farmhouses and Verona at DAMAC Hills 2

Tue, 01 Aug, 2023

Dubai, UAE, 1 August 2023: Running in the success of its new amenities and facilities at DAMAC Hills 2, leading UAE-based developer DAMAC Properties has announced two new launches in the community.

Bringing a unique concept to Dubai, The Farmhouses collection offers massive country homes in the heart of the city. The Farmhouses will feature 13 standalone villas, and each unit will have ample backyard area that homeowners can utilise to create horse stables, barnyards, hydroponic gardens, a yoga retreat, and a private outdoor cinema. 

DAMAC’s Cavalli Tower Reaches New Construction Milestone

Mon, 17 Jul, 2023

Dubai, United Arab Emirates, 17 July 2023: Leading UAE-based developer DAMAC Properties has announced that its Cavalli Tower has achieved a significant milestone with the initial casting of the raft foundation on-site at Dubai Marina.

The casting consisted of over 2,000 tonne of steel reinforcement and 4,500 cubic metres of concrete and was completed over a period of 25 hours.

DAMAC Unveils Golf Greens Amidst Stunning Views at DAMAC Hills

Wed, 12 Jul, 2023

Dubai, United Arab Emirates, 10 July 2023: Leading Dubai-based developer DAMAC Properties has launched Golf Greens, a prestigious residential project nestled within DAMAC Hills.

Golf Greens will feature luxury apartments and townhouses giving residents a unique lifestyle that combines the tranquility of nature with an unparalleled golfing experience.

DAMAC wins Developer of the Year 2023 at Global RLI Awards in London

Thu, 22 Jun, 2023

Dubai, UAE, June 23023: DAMAC Properties is pleased to announce that it has yet again won ‘Developer of the Year’ at the Global RLI (Retail and Leisure International) Awards which took place recently in London.

The 18th edition of the Global RLI Awards was held at the Pan Pacific London, gathering the most visionary and innovative retail and leisure concepts from around the world.

DAMAC launches exclusive Skycrest Collections

Tue, 20 Jun, 2023

Dubai, UAE – 19 June 2023: Following the successful launch of DAMAC Bay and DAMAC Bay 2 by Cavalli, comes the unveiling of Skycrest Collections – an exclusive seafront living.  

Located in the heart of Dubai harbour, this carefully crafted collection will span multiple floors of the two projects, across all five towers taking advantage of the spectacular views of the harbour and beyond.  

Construction keeps pace at DAMAC Lagoons as it secures new contracts

Fri, 16 Jun, 2023

Dubai, United Arab Emirates, 15 June 2023: Leading UAE-based real estate developer DAMAC Properties has announced further developments to its third master community, DAMAC Lagoons with new contracts worth close to AED 235 million.

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