A controversial proposal to tweak development regulations for Damac Properties’ project in Surfside fizzled out amid concerns that the ordinance amounted to special treatment of the Dubai-based ...

Damac, led by Hussain Sajwani, emerged as the stalking horse bidder for the property at 8777 Collins Avenue in Surfside last year, and was the only firm to bid on the site.

United Arab Emirates property tycoon Hussain Sajwani made an offer on Wednesday to buy out minority shareholders in DAMAC Properties (DAMAC.DU), which he has run for nearly two decades.

Damac Properties, a Dubai-based developer, had acquired the 1.8-acre, oceanfront site for $120 million through a court-ordered sale in 2022, nearly a year after the Champlain condo building fell.

DAMAC Properties, UAE's leading property developer, has announced the launch of DAMAC Islands, its third and largest master community unveiled this year and the sixth in its portfolio of master ...

DAMAC Properties pledges $20 billion for U.S. data centers, showcasing Trump’s influence in attracting major investments.

DAMAC Properties pledges $20 billion for U.S. data centers, showcasing Trump’s influence in attracting major investments.

Damac Properties, the largest luxury private developer in the Middle East, is planning to build a new luxury tower of serviced hotel residences in Dubai Maritime City. Dubai, UAE—Damac ...

DAMAC Properties pledges $20 billion for U.S. data centers, showcasing Trump’s influence in attracting major investments.