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Company News - DAMAC Properties
DAMAC Properties rings bell to celebrate listing of US$500m Sukuk on Nasdaq Dubai (4 May 2017)
Hussain Sajwani, Chairman of DAMAC Properties, today rang the market opening bell to celebrate the listing of US$500 million Sukuk.

DAMAC Properties Launches New Residential Units at AYKON City Overlooking Dubai Canal (17 April 2017)
With two-bedroom apartments starting from AED 1.3 million through a payment plan spanning six years, The Residences at AYKON City will go on sale in Dubai on Wednesday, April 19 at Jumeirah Emirates Towers, Godolphin Ballroom from 5pm to 10pm.

Noor Bank Partners with DAMAC Properties to Offer Home Financing on Select Luxury Residential Units (6 March 2017)
Under the collaboration, Noor Bank is set to provide preferential terms for end-user financing to resident as well as non-resident clients.

DAMAC properties launches high-end boutique villas for Aficionados of glamour and luxury living (4 January 2017)
DAMAC Properties launched the Kensington Boutique Villas at AKOYA Oxygen in addition to Beverly Hills Boutique Villas at AKOYA by DAMAC.

DAMAC Properties Awards 15 Major Contracts Worth AED 1.26 Billion from August to November 2016 (13 December 2016)
DAMAC Properties today announced that it has awarded 15 major construction and consultancy contracts valued at AED 1.26 billion during the period between August and November 2016.

Dubai’s DAMAC Hotels & Resorts Selects InnSpire for Approximately 4,000 Hotel Units (4 October 2016)
DAMAC Properties’ hospitality portfolio will extend to reach around 15,000 units of hotel rooms, serviced hotel apartments and serviced villas by 2021.

DAMAC Properties Announces 10 Projects With Combined Value In Excess Of AED 13 Billion So Far In 2016 (5 September 2016)
DAMAC Properties today announced it had launched ten major projects so far in 2016 with a combined value in excess of AED 13 billion. The announcement coincided with Cityscape Global 2016 taking place from 6 - 8 September at the Dubai World Trade Centre.

DAMAC Properties Dubai Reports Net Profit Of AED 1.94 Billion In First Half Of 2016 (14 August 2016)
DAMAC Properties announced today its financial results for the six months ending 30th June 2016.

DAMAC Properties Introduces AKOYA Imagine Targeting Millennials (3 July 2016)
DAMAC Properties today unveiled AKOYA Imagine, a cluster of homes surrounded by the lush greens and fairways of the international golf course.

DAMAC Properties Showcases Full-Fledged Array Of Hospitality Brands At ATM 2016 (24 April 2016)
In just two years since its inception, DAMAC Hotels & Resorts, the hospitality arm of luxury real estate developer, DAMAC Properties , has announced that the number of its keys across the GCC will reach 15,000 by 2021.

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