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Damac Properties sales reached Dhs36 billion in 2025

Gulf Today

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January 21, 2026

Amira Sajwani, Managing Director, Damac Properties, the largest private real estate developer in the UAE and the Middle East, has announced the beginning of “a new era”, following a record year with sales reaching Dhs 36 billion.

- Staff Reporter, Gulf Today

Damac Properties is ranked the No.1 private developer in the UAE, capping a year of growth, steered by visionary leadership and robust fundamentals.Amira Sajwani, Managing Director, said: "2026 marks a new era for Damac. Our focus is clear: delivering dream homes for families with the highest quality standards in the market. This next chapter will also be defined by landmark new projects and global partnerships. I look forward to sharing what we have planned this year.”

Notably, in November 2025, Damac Properties achieved Dhs II billion in sales in just five hours for Damac Islands 2, confirming sustained demand for luxury waterfront, resort-style communities in Dubai. This result surpassed the record-breaking Damac Islands launch in 2024, which generated over Dhs 10.2 billion in sales in under 24 hours and was recognised by Guinness World Records for the highest revenue from a real estate launch in a single day.

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Gulf Today

Gulf Today

Bomber targets wedding party in DI Khan, kills 7

A suicide bomber detonated an explosive vest among guests at a wedding ceremony in northwestern Pakistan on Friday night, killing at least seven people and wounding 25, police said on Saturday.

time to read

1 mins

January 25, 2026

Gulf Today

Employees make up 60% of Pak's workforce: Survey

Pakistan is fast transforming into a salary dependent society as the share of employees in the national workforce has surged to 60 per cent, marking a significant shift away from traditional self-employment, according to a report based on a comprehensive Gallup Pakistan survey.

time to read

1 mins

January 25, 2026

Gulf Today

Workers filed 17,000 ‘confidential complaints’ in 2025

The Ministry of Human Resources and Emiratization (MoHRE) reported that more than 17000 confidential complaints were submitted by employees in 2025 to uphold their rights.

time to read

1 mins

January 25, 2026

Gulf Today

Gulf Today

Sharjah's industrial real estate market reaches Dhs9.24b in 2025

Sharjah Real Estate Registration Department (Sharjah RERD) revealed that Sharjah industrial real estate market has achieved unprecedented growth, with transaction values rising from approximately Dhs4.9 billion in 2024 to over Dhs9.24 billion in 2025, representing an 88.7 per cent increase, reflecting growing investor confidence and the attractiveness of the emirate's industrial investment environment.

time to read

3 mins

January 25, 2026

Gulf Today

Gulf Today

Elite riders to compete in 10th Al Salam Cycling Championship's Women's Race

The Al Salam Cycling Championship will host its Women's Race on 25 January, as part of the 10th edition of the competition.

time to read

2 mins

January 25, 2026

Gulf Today

Borrowing data offers new year cheer for UK's Reeves, for now

Britain's government borrowed less than expected in December, helped by robust growth in tax receipts, according to data on Thursday that may give finance minister Rachel Reeves reasons for optimism in 2026.

time to read

1 min

January 25, 2026

Gulf Today

German investor morale rises more than expected

German investor morale rose strongly in January, the ZEW economic research institute said on Tuesday, as expectations about Germany’s economic situation improve.

time to read

1 min

January 25, 2026

Gulf Today

DEWA's virtual employee Rammas fields 1.6m questions

Dubai Electricity and Water Authority (DEWA) has announced that its virtual employee Rammas, powered by artificial intelligence (AI) and ChatGPT, handled over 1.6 million enquiries in Arabic and English in 2025.

time to read

1 min

January 25, 2026

Gulf Today

Pakistan's exports contract for fifth month

Pakistan's exports plummeted by 20.4 per cent in December 2025, marking the fifth consecutive monthly decline that reflects the deep-rooted economic crisis plaguing the country, according to official figures.

time to read

1 min

January 25, 2026

Gulf Today

Gulf Today

Barcola's winner sends PSG on top despite lack of 'confidence'

AUXERRE: Coach Luis Enrique said that Paris Saint-Germain lacked confidence despite Bradley Barcola's deft chipped finish sending the champions back to the top of Ligue I with a 1-0 win away to Auxerre on Friday.

time to read

1 mins

January 25, 2026

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