Of the five projects (out of its advertised 15) Damac ... Ayoub fled Dubai in April having taken Dh14 million in advance payments for 'off plan' apartments. His Light House marina project, which ...

CSCEC and Damac are working together on another project in the same area. In 2023, Damac awarded CSCEC an estimated AED955m ($260m) main construction contract for the Cavalli Casa Tower in Dubai ...

Dubai developer DAMAC Properties will invest at least $20 billion "over a very short period of time" in the U.S., primarily in data centers in the middle of the country, President-elect Donald ...

Damac Properties Dubai Co has reported a total revenue of Dh6.1 billion for the year ended December 2018, while net profit stood at Dh1.2 billion. Booked sales for the same period were reported at ...