Damac Properties announced that, as of June 30, 2015, it had delivered approximately 14,375 homes and had more than 37,000 units in various stages of planning and construction, including more than 10,000 hotel rooms and full-service hotel apartments under construction, which are managed by the company’s hospitality arm, “DAMAC Hotels & Resorts.”

Ziad Al Sha’ar, the company’s managing director, stated that the strong demand in the Dubai market requires us to keep pace with the increase in the number of visitors to the emirate of Dubai, which is a strong indicator of the city’s appeal to people from around the world, with the number of visitors to the city reaching 7 million during the first half of this year.