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Company News - DAMAC Properties
DAMAC Properties Holds Special Sales Event For Range Of Villas Across AKOYA Oxygen Development (19 November 2017)
DAMAC Properties, a leading luxury real estate developer in the region, announces a special one-day sales event on a selection of its luxury villas at AKOYA Oxygen.

UAE Property Developer DAMAC Ranks First On Forbes Global 2000 List Of Fastest Growing Companies Worldwide (31 October 2017)
The Forbes list was created in collaboration with Statista, a leading portal providing online statistics, market research and business intelligence, and is based on four metrics - sales, profit, assets and market value.

DAMAC Properties Launches Vera Residences Offering Urban Living At Its Finest (25 October 2017)
DAMAC Properties, a leading luxury real estate developer in the region, announces the launch of Vera Residences, luxury apartments in the ever-popular Business Bay with breathtaking views of Dubai Canal. Strategically placed at the epicentre of one of Dubai’s business hot-spots.

DAMAC Properties Launches ’Skyview Levels’ At ’Golf Vita’ With Epic Views Of Park And Fairways (10 October 2017)
’DAMAC Properties’, a leading luxury real estate developer in the region, announces the launch of ’Skyview Levels’ at ’Golf Vita’ residential tower, exclusive luxury apartments offering breathtaking views of the ’Trump International Golf Club Dubai’.

DAMAC Properties Scoops 5 Awards And Two International Nominations At The Africa And Arabia Property Awards 2017 (25 September 2017)
DAMAC Properties, a leading luxury real estate developer in the region, collected five awards at the Arabian Property Awards held recently in Dubai.

DAMAC Maison Royale The Distinction Redefines The Luxury Hotel Apartment Experience As It Opens Doors To Visitors (18 September 2017)
Ultra-luxury hotel property combines contemporary styles with Arabic-infused opulence; sixth hotel managed by DAMAC’s hospitality arm.

DAMAC Properties Reports Net Profit Of AED880 Million In Q1 2017 (15 May 2017)
DAMAC Properties Dubai today announced the financial results for the first three months ending 31st March 2017 with recorded revenues at AED1.95 billion and gross profit margins at 54 percent.

DAMAC Properties Rings Bell To Celebrate Listing Of USD 500 Million Sukuk On Nasdaq Dubai (4 May 2017)
Hussain Sajwani, Chairman of DAMAC Properties, today rang the market opening bell to celebrate the listing of a 500 million US dollar Sukuk, issued by DAMAC Real Estate Development Limited (DRED), on Nasdaq Dubai. DRED is a wholly owned subsidiary of DAMAC Properties PJSC.

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.


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