Damac profits boosted by plot sales Akoya golf course project in Dubai

Damac, a company known for offering its customers Lamborghinis and yatchs when they buy luxury flats, reported that its net profit for the first three months of this year rose by 79% to US$210m.

Damac said it was on course to deliver 4000 to 5000 units in Dubai in 2014.

Damac started launching off plan luxury villas at the 42 million sqaure feet development last summer. The project is ultimately intended to comprise 7,367 luxury homes as well as a Donald Trump branded 18 hole PGA Championship golf course.

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Categories: UAE Real Estate News | Leave a comment

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