Tag: DAMAC Properties
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DAMAC Properties Expands into RAK with Inaugural Shoreline by DAMAC – A Luxury Seaside Residence on Al Marjan Island
Dubai, UAE, 30 August 2024 – DAMAC Properties, the leading luxury real estate developer in the UAE, has announced the launch of its inaugural project in Ras Al Khaimah – Shoreline by DAMAC, located on the pristine shores of Al Marjan Island. The exclusive, branded beachfront residence is being designed in collaboration with contemporary art icon Vincent Faudemer’s…
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DAMAC Properties Awards Key Contract for Safa One de GRISOGONO
Dubai, United Arab Emirates, 17 October 2023 – Leading luxury real estate developer in the UAE, DAMAC Properties has announced the awarding of the main works package for its much-anticipated Safa One de GRISOGONO project. United Engineering Construction Co. LLC (UNEC) has been entrusted with the main works package for the Safa One development, for…
Opinion: By Mohamad Salman
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UAE Real Estate Between Market Freedom and Developers’ Race for Profits
By Mohammad Salman, Editor-in-Chief The UAE has succeeded over the past years in building one of the most active and attractive real estate markets in the world. Regulations have evolved, registration procedures have become easier, foreign investment has expanded, and investor confidence has grown significantly. In Dubai alone, the value of real estate transactions in the first quarter of 2026 reached around AED 252 billion, up 31% year on year, according to the Dubai Land Department. That figure reflects the strength of the market, the scale of liquidity, and the confidence the emirate has managed to attract. Abu Dhabi has…
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