Damac Properties
is a leading Dubai freehold real estate company that has been referred to be the largest privately owned developer in Dubai. It is a member of the Dubai-based Damac Group (Damac Holding), that was setup in 1982.
Damac Properties' portfolio of
real estate projects has been focused on residential towers in the Dubai Marina (Ocean Heights, Marina Terrace, The Waves), Palm Islands (Palm Springs, Palm Terrace), Jumeirah Lake Towers (Lake View, Lake Terrace), International Media Production Zone [IMPZ] (The Crescent, Lago Vista), Dubai International Financial Centre [DIFC] (Park Towers) and the Discover Gardens (Terra
Del Sol 1 & 2). Its list of commercial towers can be found in the Technology, Electronic Commerce and Media Free Zone [TECOM] (Executive Heights, Smart Heights) and the Dubai Business Bay (XL Tower, Business Tower). Damac has also developed non high-rise buildings in Jumeirah Village South (Emirates Gardens, Emirates Gardens 2) and also expanded its projects into Abu Dhabi with the Dolphon Towers and the Oceanscape.
Luxury lifestyle provider Damac Properties has issued a new tender for a first grade main contractor to build 88 buildings, 320 villa for the attached villas (town Houses) in its new Cairo's project "Hyde Park".
Luxury lifestyle provider Damac Properties has announced that the structure of it Tuscan Residences Mediterranean style development at Jumeirah Village South has been completed.
Damac Properties recorded an accident free Q3, 2009, marking a 40% improvement on overall safety figures from last year. Altogether the safety team reported only three lost time incidents in a total of 16.5 million man hours worked in first three quarters of 2009.
Luxury lifestyle provider Damac Properties is marking its presence at this year's Cityscape, which will be held between October 5 - 8, with a dual theme of construction and delivery.
