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Company News - DAMAC Properties
DAMAC Foundation Pledges AED1 Million To Provide 125,000 Meals In ’10 Million Meals’ Campaign (25 April 2020)
The Hussain Sajwani - DAMAC Foundation announced the donation of AED1 million to provide 125,000 meals to communities affected by the COVID-19 outbreak in the UAE, as part of the country’s biggest food distribution drive.

Hussain Sajwani-DAMAC Foundation Pledges AED3 Million To ’Arab Hope Makers’ (25 February 2020)
The Hussain Sajwani - DAMAC Foundation, a joint venture between DAMAC Properties and its Chairman, Hussain Sajwani, has pledged AED3 million to the Arab Hope Makers initiative, which was held at the Coca-Cola Arena in Dubai.

DAMAC brings back its popular DSF offers on five of its in-demand luxury projects (27 December 2019)
These Dubai Shopping Festival offers include attractive payment plans of up to five years, guaranteed returns, and fee waivers on DLD registration and VAT.

DAMAC Properties Reports Revenue Of AED2.8 Billion In First Nine Months 2019 (13 November 2019)
DAMAC Properties Dubai Co. has announced its financial results for the nine months of 2019, reporting a total revenue of AED2.8 billion, with booked sales reported at AED2.4 billion.

DAMAC Awards Contracts Worth AED430 Million (25 April 2019)
DAMAC Properties has announced the awarding of multiple contracts worth AED430 million, as it moves ahead with key UAE projects.

DAMAC Delivers GBP175 Million Vote Of Confidence In UK (13 April 2019)
DAMAC International has secured a development financing package of GBP175 million for London’s landmark project, DAMAC Tower at Nine Elms. The partnership marks a major vote of confidence in the United Kingdom, at a time of heightened political and economic uncertainty.

DAMAC Properties Announces AED6.1 Billion Total Revenues (28 March 2019)
DAMAC Properties Dubai today announced its final financial results for the year ended 31st December, 2018. The company reported total revenue of AED6.1 billion, while net profit stood at AED1.15 billion.

Global Partnership Signed Between Roberto Cavalli And DAMAC Properties Founder, Hussain Sajwani (2 October 2018)
DICO International, the strategic investment arm of DAMAC Properties Chairman and founder, Hussain Sajwani, has signed an international hospitality partnership with global fashion house, Roberto Cavalli Group.

Allsopp & Allsopp Form Partnership With DAMAC Properties (23 September 2018)
Allsopp & Allsopp are forming a partnership with DAMAC to bring their clients a bespoke service which offers vast property options at competitive prices.

DAMAC Awards Infrastructure Works Contract At AKOYA Oxygen To CSCEC As Construction Spend Tops AED 5.6 Billion (10 June 2018)
DAMAC Properties has awarded China State Construction Engineering Corporation (CSCEC) with an AED 72 million construction contract for major road and infrastructure work at AKOYA Oxygen.


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