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 developer Damac Properties has confirmed that enabling works at two of its developments in Business Bay are making good progress with the main contracts to be awarded in spring this year.
Damac Properties has announced that 2010 will be the year of handovers - with more than six projects due to be completed in Dubai during the next 12 months.
Damac Properties has announced the structural completion of its 8th project over the last one year with the final concrete pour on its Park Towers project at the Dubai International Financial Centre (DIFC).
Luxury lifestyle provider Damac Properties has announced the concrete frame completion of its tallest tower at Dubai Marina with its Ocean Heights development topping out at 84 floors this week.
Luxury lifestyle developers, Damac Properties, today announced that Dar for Trading and Construction (DETAC) has been awarded the construction contract for Park Avenue, Cairo-Alex Desert Road.