Damac Properties

Main Category: Real Estate & Property Development
First Address : PO Box 2195
Second Address : 5th Floor, Al Moosa Tower 2, Sheikh Zayed Road
City : Dubai
Country : United Arab Emirates
Phone: 971 4 3322005
Fax: 971 4 3325335
Email: properties@damacgroup.com
Website: www.damacproperties.com

ALL STORIES LIST

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| Results 1 - 20 of 57

Damac's Kuwait unit considering $67mn bond issue
Wednesday, 27 August 2008

Company has said it is interested in buying stakes in other Middle East firms.

Damac to close 4 UK, Ireland offices
Monday, 25 August 2008

Dubai developer to reposition itself in UK, expand London, Manchester, Leicester, Chiswick offices.

Get ready for the ride
Saturday, 16 August 2008

There has been much hand-wringing over the past year on whether the construction bubble will burst and leave a mess in the UAE.

Enabling works awarded for Lincoln Park project
Saturday, 16 August 2008

International Foundation Group (IFG) has picked up a US $2.9 million (AED10.72 million) enabling works contract for its Lincoln Park project at Arjan district in Dubailand.

The right mix
Tuesday, 22 July 2008

Mixed-use projects are being developed across the Middle East with great vigour. Some developers are emphasising the accommodation, some the business space and others the retail units, but many are using leisure facilities to promote their projects.

Business Bay deals worth US $4.9mn
Saturday, 21 June 2008

Dubai-based developer Damac Properties has awarded two enabling works contracts worth a combined US $4.9 million (AED18 million) to Sharaf Foundations and International Foundations Group.

Personal data of thousands compromised
Thursday, 5 June 2008

Damac investigating how details of 8,000 customers ended up for sale on eBay.

Damac plans $15bn Iraq project
Tuesday, 3 June 2008

UAE real estate firm to develop residential, commercial and hospitality project in Kurdistan province.

Damac plans to invest in Abu Dhabi projects
Saturday, 10 May 2008

UAE-based Damac Properties has launched a new development despite an uproar just last month from investors in Palm Springs, an unrelated project on the Palm Jebel Ali that Damac attempted to cancel.

Four developers under investigation
Monday, 5 May 2008

Dubai's real estate watchdog probing firms for what appears to be non-delivery of projects.

Damac will continue Palm Springs project, says chairman
Thursday, 17 April 2008

Decision comes after 'extensive discussions' with real estate authority.

Shaky foundations
Wednesday, 16 April 2008

Recent project cancellations suggest the risks now outweigh the rewards of buying off plan real estate in the Gulf.

More firms look to quit projects as costs soar
Tuesday, 15 April 2008

Construction costs forcing developers to buy back properties as projects, report says.

Damac u-turn on Palm Springs project
Thursday, 10 April 2008

Dubai developer appears poised to announce go-ahead of cancelled project on Palm Jebel Ali.

Damac hints at backtrack on Palm Springs axe
Sunday, 6 April 2008

Under fire developer says it is 'looking at various scenarios' after investor backlash.

Testing time for the boom towns
Saturday, 5 April 2008

Boom towns can offer an endless number of business opportunities, including a clean slate on which ideas can run wild.

Palm Springs shakes investor confidence
Saturday, 5 April 2008

As investors threaten legal action over the cancelled project, confidence is low.

Nakheel not impressed with Damac
Tuesday, 1 April 2008

Damac seems to have "disappointed" not only its investors but also the master developer of Palm Jebel Ali, Nakheel, after announcing its plans to cancel the Palm Springs project due to design changes made by Nakheel on the Palm Jebel Ali.

Reason for axing Palm Springs questioned
Tuesday, 1 April 2008

Palm Jebel Ali master developer Nakheel 'very surprised' at Damac project cancellation.

Dubai investors shaken by Palm Springs saga
Tuesday, 1 April 2008

Poll finds 66% would think twice about buying property after Damac project axed.

Palm Springs investors face millions in losses
Monday, 31 March 2008

Furious investors gear up for legal battle with Damac over decision to cancel project.

Damac threatened with lawsuit after project axed
Sunday, 30 March 2008

Investors unhappy with compensation after developer cancels Palm Jebel Ali project.

Arabtec wins $75mn Jordan deal
Saturday, 23 February 2008

Damac awards contract for two buildings at its Abdali Development Project in country's capital Amman.

Signature look
Thursday, 17 January 2008

HBA and Damac present a new take on luxury living in the Signature Series show apartment.

Madison Residence launched in Dubailand
Saturday, 5 January 2008

Dubai based private master developer, Damac Properties, has launched Madison Residence at Majan in downtown Dubailand.

Damac announces Hyde Park for Cairo
Saturday, 22 December 2007

Damac Properties has announced plans to build a new luxury villa complex in Cairo called Hyde Park.

Damac in $5.4bn Cairo project
Tuesday, 11 December 2007

UAE firm to build residential, commercial development to tap demand for housing in Egypt.

Issa Haddadin wins Jordan deal
Wednesday, 5 December 2007

Issa Haddadin & Partners Construction Company has been appointed by DAMAC to carry out enabling works for its projects in Jordan - Business Gate and Business Heights in Amman.

Call of the wild
Sunday, 2 December 2007

While the countries of Africa are geographically diverse enough to boast a multitude of sellingpoints, many of them share an underdeveloped hotel market. But as Chris Jackson discovers, there are plenty of opportunities for growth and investment just waiting to be capitalized.

CW special report: Developers
Sunday, 28 October 2007

A focus on the companies steering real estate development in the Middle East.

The shape of things to come
Saturday, 13 October 2007

A look at Dubai's annual showcase for real estate developers and the most impressive attractions.

Damac properties working on 79 towers
Saturday, 29 September 2007

Dubai-based Damac Properties has announced that it has launched a total of 79 towers across the region over the last five years, all of which are in various stages of construction.

Over 70 towers for Damac
Wednesday, 19 September 2007

Properties giant has launched 79 towers across UAE, Qatar, Jordan, Lebanon and Saudi over last 5 years.

ECC goes on smart site
Saturday, 15 September 2007

Engineering and Contracting Company LLC (ECC) has started work on Damac's Smart Heights at TECOM.

Smart home technology demand drives industry
Wednesday, 5 September 2007

David Dobouny, general manager at OMC, said the company's automation technology, developed originally for the US and Australian markets, is receiving increasing demand from Dubai developers seeking to provide extra luxury for their high-end clients.

Stretching the limits of market maturity
Saturday, 28 July 2007

Arabian Business reports on Dubai's astonishing real estate story, and asks whether the sector's record growth can continue in the long term.

Damac launches Water’s Edge at Business Bay
Friday, 20 July 2007

UAE-based developer, Damac Properties, has launched its US $123 million (AED450 million) Water's Edge project.

Still booming
Thursday, 19 July 2007

Boom or bust? The region's property CEOs tell us why the current boom is self-sustaining.

The mortgage marketplace
Wednesday, 11 July 2007

How to apply for a mortgage that can unlock the door to your dream home in Dubai.

The giant is awake...and moving ahead
Saturday, 7 July 2007

It is the largest country on the Arabian Peninsula and one of the richest countries in the world with a GDP of US$351bn in 2006.

Damac unveils 90-storey tower
Wednesday, 20 June 2007

Damac Heights residential tower claims to offer 90 floors of unrivalled luxury.

Damac twists into the Saudi market
Friday, 1 June 2007

Damac Properties has launched its first project in Saudi Arabia. Located on the corniche in Jeddah, Al Jawharah is a 40-storey residential tower.

Al Awtan takes Damac project
Friday, 25 May 2007

Damac Properties has appointed Al Awtan Contracting as the main contractor for its US $46 million (AED172 million) Emirates Gardens-1 project at Jumeirah Village South.

Intermass wins Lago Vista award
Tuesday, 22 May 2007

Damac Properties has appointed Intermass Engineering and Contracting Co. as the contractor for its Lago Vista project at International Media Production Zone (IMPZ).

Damac appoints Intermass for Lago Vista
Monday, 21 May 2007

Intermass named as main contractor for million square foot project.

Damac unveils $10m luxury pads
Tuesday, 1 May 2007

Dubai Business Bay and Dubai Marina apartments will occupy an entire floor of Damac skyscrapers.

Damac kicks off Capital Bay
Friday, 13 April 2007

Damac Properties has launched Capital Bay Towers, a commercial development in Business Bay.

Damac wants Dubai to curb building costs
Tuesday, 27 March 2007

Developer calls on the government to ease restrictions on foreign contractors.

Gamsha Bay handover starts
Friday, 23 March 2007

The Egyptian Ministry of Tourism has authorised the Tourism Development Authority to commence the initial hand over of Gamsha Bay to Damac Properties.

High-tech high-rise
Friday, 23 March 2007

The ability to control your world at the touch of a button is here.

Damac shields delivery jibes
Friday, 23 March 2007

Damac Properties boss talks through the challenges of growth in Dubai.

Damac reaches a new low
Friday, 9 March 2007

Damac makes its first foray into the low-rise resi market this month.

Smart foundations for IFG
Friday, 9 March 2007

International Foundation Group (IFG) has picked up the enabling works contract for Damac Properties' Smart Heights office tower in Tecom.

Damac opens office in Egypt
Friday, 23 February 2007

Private developer, Damac Properties, has opened its first office in Egypt.

Damac wins developer award
Friday, 5 January 2007

Private developer Damac Properties has won the ‘Best Residential Developer’ award at the inaugural IREF ME 2006 awards

Beirut property buoyant despite unrest
Sunday, 17 December 2006

Despite a shattered economy due to ongoing political unrest, the Beirut property market remains robust, according to several high-profile local business people.

Tuscan-style resi for Damac
Friday, 6 October 2006

Dubai-based Damac plans to develop a Mediterranean style residential scheme in Jumeirah Village South, called the Tuscan Residence.

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