Damac Properties, has awarded an AED512mn contract to China State Construction Engineering Corporation (CSCEC) to build tower C of Aykon City.
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Damac reported a drop of 45% in its net profit for the first six months of 2018, to AED862mn as compared to AED1.58bn in the same period last year.
Damac Properties has announced the handover of its Damac Heights tower which is also home to Damac Residenze with interiors by Fendi Casa.
Dubai-based Damac Properties has confirmed the completion of the raft foundation work for tower B at Aykon City, its multi-tower master development.
Damac Towers by Paramount is celebrating a record 25 million safe worker hours, eight times more than the industry average of three million hours.
Damac Properties announced that its 34-storey Tower 108 building in Jumeirah Village Circle (JVC) is in the final stages of completion.
Damac Properties has issued a tender for main works for a second tower at its six-tower, luxury master development, Aykon City.
Damac Properties has awarded another construction contract worth AED424mn to Arabtec to build additional villas in Akoya Oxygen.
Dubai-based developer, Damac Properties, announced the launch of Sahara Villas within an international golf community in Dubailand, Akoya Oxygen.
Damac unveiled Skyview Levels at Golf Vita residential tower, exclusive luxury apartments offering views of the Trump International Golf Club Dubai.