Damac Properties - Dubai Property Developer

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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.

Damac Properties Company News

Damac Properties completes first phase of Cairo shopping...

The Middle East’s largest private developer Damac Properties has announced it has completed the first phase of its Cairo shopping mega mall. Park Avenue on Cairo Alex Desert Road will be Cairo’s premier boutique retail and commercial destination, with 657 retail units and 84 office units over 120,625 sqm of developed land.

Date: 3rd April 2012 - 10:42AM GMT

Damac Suites and Spa offers investors a slice of Dubai's...

Individual investors are being offered a unique opportunity to gain exposure to Dubai’s booming hotel industry via a “rental pool” programme for luxury serviced apartments, announced today by Damac Suites and SPA, a subsidiary of regional developer Damac Properties.

Date: 28th March 2012 - 09:11AM GMT

The Residences at Business Central topped out

DAMAC Properties has topped out its 21 storey mixed-use residential project, The Residences at Business Central, which is located on the waterfront, opposite the Burj Khalifa.

Date: 28th February 2012 - 06:28AM GMT

Damac Properties offers 24% rental return guarantee

In its latest initiative aimed at boosting property sales, Damac Properties is offering a 24% rental return guarantee on all units purchased within its Burjside Terrace serviced apartment development in Dubai.

Date: 13th February 2012 - 11:26AM GMT

Damac showcases 'Versace homes' at 27th Janadriyah Festival

DAMAC Properties announced its participation at the 27th Janadriyah Festival, the national festival for Heritage and Culture; organized by the Saudi National Guard, under the patronage of King Abdullah bin Abdulaziz, the Custodian of the Two Holy Mosques.

Date: 8th February 2012 - 11:42AM GMT

realestate, home, homes, buying, buy, sale, selling, co. llc, l.l.c.DAMAC Properties is the largest private freehold developer in Dubai with developments in Dubai Marina, Palm Islands, Dubai International Financial Centre (DIFC) , International Media Production Zone (IMPZ), and Jumeirah Lake Towers. With 21 Projects, each one of our properties is a land mark in waterfront luxury, located at the most prestigious freehold devlopments in Dubai. DAMAC Properties offers luxury freehold properties for sale at all the major master plans in Dubai.DAMAC Properties was the first to introduce residential projects on every master planned development introduced by the Dubai Government, including the Palm Islands in Jumeirah and Jebel Ali, Dubai Marina, Dubai International Financial Centre (DIFC), Jumeirah Lake Towers, Discovery Gardens, and the International Media Production Zone.The total value of DAMAC Properties’ projects is over AED 6 Billion. It is a subsidiary of DAMAC Holding, an accredited ISO 9002 company that has grown into a global conglomerate with more than 5000 employees in 16 countries. Being the first private developer to make a commitment to Dubai’s real estate market, DAMAC properties has become a market leader with a strong sales record to its credit.DAMAC Properties is changing the landscape of Dubai. Its mission is to provide more than just properties. DAMAC delivers the latest concepts in state-of-the-art living. Driven by a passion for excellence, DAMAC is one of the UAE's leading providers of waterfront luxury projects, as well as the name behind some of the most acclaimed residential and commercial developments in Dubai.And the reasons are quite simple. DAMAC commands the professional expertise to manage projects from end to end including land purchase, appointment of award-winning architects, execution and monitoring of projects with contractors and follow-up to final handover. The processes and practices that are followed are in line with world standards. Being a part of an ISO 9002 certified company, DAMAC is renowned for its ability to provide superior product value.With a paid-up capital of 300 million dirhams, and over 6 billion dirhams worth of projects in the making, DAMAC is probably the only developer that has registered its presence in every upcoming development in Dubai. Some of the notable projects are Dubai Marina, Palm Island Jumeirah, Palm Island Jebel Ali, Jumeirah Lakes Towers, Dubai Land and Dubai international Financial Centre (DIFC). Each of these projects are landmarks in their own right with all modern amenities and are built to world standards with the objective of catering to a global audience.DAMAC has a comprehensive Customer Care Program that provides solutions through its vast regional network with offices in the UK, UAE, Iran and Russia.

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