Damac properties announce their latest project in Jordan called ‘The Lofts’ located at the gateway to the Abdali master plan, the Lofts. The project is an 8-storey residential development adjacent to “The Heights one of Jordans first towers also by Damac properties
Damac, is also planning a major investment in the Egyptian real estate market, Hussain Sajwani, the group’s chairman said. “We have been negotiating the issue with the Egyptian side for almost six months now, and the site will be finalised soon,”
Damac has expanded to China and plans to build towers, offices, a hotel and a marina on a plot overlooking TianjinPort, near the city’s Tanggu district. It will be the first of several projects Damac Holdings is planning in China.
In just over two decades, Damac has grown from a local catering company to a global conglomerate with operations in over 16 countries. Today, the Damac Group ranks among the largest business groups in the UAE:
Last year, the property company was awarded with three prestigious Bentley International Awards 2005 in the categories of Best UAE Development for Marina Terrace, Best Architecture for Ocean Heights and Best Developer Website in London UK
Damac properties can be found at
