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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
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