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Company News - DAMAC Properties
Dubai’s Damac Q1 Profit Falls 38 PCT; Reveals Dividend Plans (22 April 2015)
Dubai’s Damac Properties reported a 38 percent fall in first-quarter net profit on Wednesday despite surging revenue because a year earlier.

Dubai Developer Damac Considers London Tower Investment (5 April 2015)
Dubai property developer DAMAC will consider taking an equity stake in a project to build a 50-storey mixed-use tower in central London, which would mark its entry into the British market, it said on Sunday.

Trump PRVT Mansions Launched At Akoya By DAMAC (9 March 2015)
Luxury real estate developer DAMAC Properties has launched its Jewel in the Crown luxury villas and mansions at its AKOYA by DAMAC master development in Dubai.

DAMAC Properties Awards more than AED 1.2 Billion Construction Contracts in 2015 (17 February 2015)
Leading luxury real estate developer DAMAC Properties has awarded five major construction contracts worth a total of AED 1.2 billion so far in 2015.

DAMAC Properties’ Dubai Shopping Festival Car Promotion Back With Mercedes-Benz & Aston Martin (22 December 2014)
Luxury real estate developer DAMAC Properties is offering new buyers of its villas or apartments the opportunity to live a James Bond lifestyle, with an exclusive offer during the Dubai Shopping Festival.

DAMAC Properties Wins ’World’s Best’ At Influential Industry Awards Evening (15 December 2014)
The company’s iconic tower, DAMAC Heights - which is currently at level 47 in the Dubai Marina district - was singled out as having the ’Best International Residential High-rise Architecture’ at the International Property Awards.

DAMAC Properties Announce Tiger Woods Design To Create Golf Course For ’Akoya Oxygen’ (9 December 2014)
Golfing superstar Tiger Woods will design the new 18-hole championship golf course in Dubai to be built by luxury real estate developers, DAMAC Properties and operated by The Trump Organization.

DAMAC Real Estate Development Limited (6 November 2014)
There will be a conference call for analysts and investors on the day of the results at 17.00 Dubai / 13.00 London / 08.00 New York time. Those wishing to join the call are asked to contact FTI Consulting.

DAMAC Properties Launches Dedicated Real Estate Initiative For UAE Nationals (25 September 2014)
One of Dubai’s largest luxury real estate developers, DAMAC Properties, is launching an exclusive product for UAE nationals.

DAMAC Properties Announces Second Trump Golf Course In Dubai (20 September 2014)
Leading luxury real estate developer, DAMAC Properties, has announced it will be developing a second golf course and related facilities in Dubai with the Trump Organisation.


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