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          Damac

          A luxury real estate developer in the UAE, known for high-end residential, commercial and hospitality projects

          A decision on the charge will be made by August 8. Antonie Robertson / The National

          Damac to reconsider controversial Dh20 contractor charge

          EnvironmentAugust 05, 2019
          Damac Properties, reported a 86.6 per cent slide in its second-quarter net profit due to rise in costs and expenses. Chris Whiteoak / The National

          Residents petition Damac over Dh20 charge for cleaners and workmen

          UAEAugust 04, 2019
          Saadiyat Beach villas in Abu Dhabi. Many UAE developers have restructured their operations in 2018 to negate the impact of still-falling sales and rental prices. Mona Al Marzooqi/ The National

          UAE developers change strategy to adapt to softening market

          PropertyDecember 26, 2018
          Damac reports a drop in profit for the third quarter as revenues plunged. Antonie Robertson / The National

          Exclusive: Damac stops buying land and open to partnerships as Q3 profit plunges 68%

          PropertyNovember 14, 2018

          Men admit being part of Dh4 million Dewa fraud plot

          UAEOctober 08, 2018
          Fortunes have been made by some investors - particularly those that bought in 2006 and sold in 2008, or bought in 2011 and sold in 2014. Antonie Robertson / The National

          Why the obsession with real estate in the UAE?

          MoneyAugust 27, 2018
          Damac, which owns and operates the only Trump branded Golf resort in the Middle East, has $2bn in cash, of which $350 is unrestricted to be used for any suitable purpose. Antonie Robertson / The National

          Damac looks to reduce its debt by $500m over 3 years amid tough market conditions

          PropertyAugust 14, 2018
          Damac reports a drop in profit for the third quarter as revenues plunged. Antonie Robertson / The National

          Damac's Q3 profits down 20% as cost of sales soar

          PropertyOctober 18, 2017
          A handout rendering of AKOYA Oxygen by DAMAC where Trump World Golf Club Dubai will be located (Courtesy: DAMAC Properties)

          Damac awards Dh628m Akoya Oxygen contract to Arabtec

          PropertyAugust 01, 2017
          Hussain Sajwani, chairman of Damac at the launch of the Aykon Nine Elms fashion branded residence in London last month. Stephen Lock for the National

          Dubai’s Damac Properties profit rises by 52 per cent

          PropertyJuly 21, 2017
          Amlak Finance shares led gains in Dubai early on Thursday. Sammy Dallal / The National

          Gulf stocks mixed as Qatar gains

          MarketsJuly 20, 2017
          Saudi stocks fell in early trading in spite of gains by Saudi Kayan. Hasan Jamali / AP Photo

          Arabian Gulf stocks narrowly mixed, Saudi Kayan rises on earnings

          MarketsJuly 18, 2017
          Above, a billboard advertises the Damac Hajar project in Dubai. Antonie Robertson / The National

          Damac positive amid tough market

          PropertyMay 15, 2017
          Golfotel will feature over 2,000 rooms with golf views of the Trump World Golf Club Dubai, which is set within the 55-million square foot community Akoya Oxygen. Courtesy Damac Properties

          Damac to build 2,000-room hotel overlooking Akoya Oxygen golf course

          PropertyApril 23, 2017
          Cityscape Abu Dhabi, 2017 – in pictures

          Cityscape Abu Dhabi, 2017 – in pictures

          PropertyApril 18, 2017

          Emaar falls to another new low

          MarketsMarch 08, 2017
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