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03.08.2022
DAMAC Properties announced the start of the Beverly Hills Drive project – a collection of luxurious mansions in DAMAC Hills. Every three-story building will be surrounded by a lush garden and feature all the necessities for comfortable living. According to Niall McLoughlin, Senior Vice President, this development will nicely complement the community’s already extensive facilities. Top-notch mansions are targeting clients who value free space. All homes will have enclosed kitchens, maid’s rooms, and a parking area for four vehicles. Bedrooms will be equipped with en suite bathrooms and built-in furniture. The upper floor will be reserved for a spacious hall that can be used as a children’s play area or a reception chamber for guests. Interiors will be finished with...
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01.08.2022
DAMAC Properties is one of Dubai's largest construction companies with influence in the Middle East and beyond the region. It has been operating on the market since 2002 and is engaged in the production of premium real estate. The developer's track record includes dozens of completed and planned properties, as well as more than 39,400 housing units of finished real estate and about 28,000 units at various stages of construction. DAMAC Properties is a subsidiary of the DAMAC Group holding, one of the largest in the United Arab Emirates, established in 1992 by Hussain Sajwani. DAMAC's area of expertise covers residential, commercial, and recreational real estate. Representative offices of the developer can be found in Saudi Arabia, Oman, Qatar, Jordan, and the UK. In total, the company...
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27.07.2022
According to Niall McLoughlin, Senior Vice President at DAMAC Properties, construction of the residential Cavalli Tower is under way. In August, the company started laying foundation piles. The seventy-story skyscraper is located in Dubai Marina and will offer stunning views of Palm Jumeirah. The interior design was created in collaboration with the fashion house Roberto Cavalli. Construction began in fall 2021. The design was authored by the architect Shaun Killa. The project’s total value is USD 545 million. The building features three types of properties – luxury, ultra luxury, and super luxury. The upper floors are reserved for premium-class properties. The work will be completed in four years. Niall McLoughlin notes that buyers are particularly interested in this...
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22.07.2022
DAMAC Properties, Dubai’s largest developer, proudly presents Tower B, the second part of the Safa Two project. This exclusive property is a curiously shaped skyscraper whose design was inspired by de GRISOGONO rubies. The architecture of the façades features an intense ruby shade, and the interior finish and certain furniture elements are also crimson-colored. The project is located in the Al Safa community, famous for its extensive facilities and lush vegetation. The developer strives to recreate an upscale resort environment and offers to the potential investors not only spacious premium-class apartments but also the full range of amenities, including a magnificent swimming pool in the podium area, an infinity edge pool on Floor 60, a tropical garden on the...
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14.07.2022
DAMAC Properties, the largest UAE developer, is holding an open presentation of real estate in France and Monaco on August 12 – 14, 2022. Developer’s off-plan projects, including Cavalli Tower, Safa Two, and DAMAC Lagoons, will be offered to sophisticated investors. Premium residential developments feature various types of properties valued by wealthy buyers, such as penthouses, spacious apartments, and luxurious villas. There are numerous floor plan options to choose from, while the exclusive design was created in collaboration with world-famous brands. The developer is also building amenities on the adjacent grounds, making living there as comfortable as possible. The scheduled events are invitation-only. The team of DAMAC Properties is happy to answer any...
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09.07.2022
DAMAC Properties is revolutionizing investors’ notions of the quality of contemporary homes. Dubai’s largest premium-class real estate developer is ready to surprise everyone. Its numerous projects include the following residential developments that the buyers particularly look forward to: Cavalli Estates The exclusive feature of this high-end community of spacious villas located in DAMAC Hills will be the finishing materials and the design crafted in collaboration with the brand Roberto Cavalli. Villas are marketed as an embodiment of luxury available to wealthy buyers who value comfort One Safa This project consists of two uniquely shaped towers. Luxury apartments and upscale penthouses are available in this high-end...
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01.07.2022
DAMAC Properties, a major UAE developer, was one of the first to adopt novel payments in cryptocurrencies. According to Ali Sajwani, General Manager of Operations, the developer is striving to keep pace with modern advances and actively use innovations beyond construction. The company aims to provide luxurious homes to its clients and create a unique user experience. The management team fully understands how valuable new technologies are to customers and realizes the importance of developing a new system of transactions. Accepting cryptocurrencies will increase the flow of potential investors and make the buying process more convenient for stakeholders. The crypto industry is booming in Dubai, as evidenced by the fact that several major crypto exchanges moved to this emirate....