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
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
Luxury Italian fashion group Roberto Cavalli, previously controlled by the Italian Private equity company, Clessidra, was bought by the Chairman of Dubai based DAMAC Properties, Hussain Sajwani, through his private investment company, Vision Investments. The acquisition of the luxury Florentine brand was completed on November 28th. The UAE-based investment company emerged as the … Read more
AYKON London One is a landmark project and Damac’s first major development outside of the Middle East. The project offers interiors by Versace and panoramic views of London. Set to become one of London’s tallest residential buildings, the 50-storey AYKON London One will be one of London’s most prestigious residential addresses and the first-of-its-kind in … Read more
DAMAC Maison Bay’s Edge and DAMAC Maison Royale The Distinction to Open Next Month in Dubai. Dubai’s competitive environment has forced hoteliers to become more creative in their offerings to attract visitors and residents alike. According to luxury real estate developer Damac Properties, Dubai has recently reached the 100,000-room mark and has been ranked ninth … Read more
Buy a Property in Dubai, Get Free Supercar. DAMAC Properties’ Most Awaited Promotion Back For Dubai Shopping Festival 2016. Dubai Shopping Festival (DSF) and its various promotional activities attract millions of tourists each year to Dubai. Among everyday promotions, there is one cannot pass on investigating. The most awaited yearly DSF promotion is offering new buyers … Read more