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Company News - DAMAC Properties
Damac Properties Promotion Back For Dubai Shopping Festival 2016 (3 January 2016)
The DSF promotion is offering new buyers of selected villas or apartments in Dubai the opportunity to live a full luxury lifestyle.

DAMAC Properties’ Damac Heights Topped Out (29 November 2015)
Luxury real estate developer DAMAC Properties, has announced its iconic 94-level tower ’DAMAC Heights’, set in the prestigious Dubai Marina area, has been topped out.

DAMAC Real Estate Development Limited Issues A USD 100 Million Private Placement 18-Month Sukuk (22 September 2015)
DAMAC Real Estate Development Limited, DRED, a 100 percent owned company of DAMAC Properties Dubai, a leading developer of high-end and luxury residential property in the Middle East.

Dubai’s Damac Unveils World’s First Bugatti-Styled Villas (7 September 2015)
Damac Properties will launch the world’s first Bugatti-branded homes at this week’s Cityscape Global exhibition, the Dubai developer announced on Sunday.

DAMAC Properties Launches The New ’Paramount Residences At The Paramount Tower Hotel & Residences’ In Dubai (28 June 2015)
DAMAC Properties , Dubai’s leading luxury real estate developer, has announced its latest hospitality project in collaboration withParamount Hotels & Resorts.

DAMAC Properties Awards AED 2.8 Billion In Contracts In First 5 Months Of 2015 (9 June 2015)
Awards include the main works packages on more than 1,500 villas within its luxury lifestyle community, AKOYA Oxygen.

DAMAC Properties Brings Hollywood Glamour To Reality In Dubai (6 May 2015)
The company has confirmed that 60% of the superstructure works of the iconic DAMAC Towers byParamount Hotels & Resorts project in the Burj Area is now complete.

Damac Launches Akoya Oxygen Hotel Villas (3 May 2015)
The developer said that prices for the properties will start from around $477,463 (AED1.75bn) for a three-bed home, and that the villas will range in size from three to six bedrooms.

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.

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