FENDI luxury house announced a new state-of-the-art project in the Middle East, proving that the real estate market in Dubai is again performing strongly, especially in the high-end sector. The luxury global brand will provide interior designs for DAMAC Properties, the largest private developer of luxury real estate in the Middle East. The two companies … Read more
Trump International Golf Club to be developed in Dubai. Donald Trump and Trump Organization, that have already 14 award winning courses across the world, is expanding to Middle East. 18-hole PGA Championship Golf Course Trump International Golf Club, Dubai will be developed by DAMAC Properties, the largest private developer of luxury real estate in … Read more
This luxurious 34-hectare resort is Damac Group’s first project in the Maldives. The Indian Ocean resort stretches across three private islands on Bolidhuffaru Reef in South Male Atoll, accessed by an easy 20-minute speedboat ride from Male’s Velana international airport. Dubai-based DAMAC Group signs contract with Mandarin Oriental to manage luxurious resort in The Maldives … Read more
Damac Group, the Dubai-based parent group of Damac Properties, has acquired Swiss jewellery brand de Grisogono, further diversifying its holdings. The Dubai developer, which purchased Italian fashion house Roberto Cavalli in 2019, did not disclose the price of the deal. De Grisogono filed for bankruptcy in 2020. Its acquisition is part of Damac’s strategy to … Read more
UAE-based DAMAC Properties has announced that it has won the US $120 million bid to acquire land in the upscale Miami neighbourhood of Surfside. The Dubai-based developer plans to build an ultra-luxurious, CAVALLI branded condominium project. The property, on Collins Avenue, Miami, offers residents 200 feet of direct beach frontage and access to South Beach … Read more
Mandarin Oriental is focused on developing its resort portfolio and has been looking to enter The Maldives for some time. A new Private Island Resort in the Maldives represents the right opportunity for the hospitality group. Mandarin Oriental Hotel Group has announced that it will manage a new resort on a private island in The Maldives … Read more