DAMAC Properties" revenue for the first nine months of 2015 was AED 6.77 billion, while net profit for the period was estimated at AED 3.67 billion, a growth of 43% compared to the first nine months of 2014.
.Cash and balances with banks totaled AED 9.87 billion, while properties under development stood at AED 7.74 billion as of September 30, 2015, with net cash generated from operating activities amounting to AED 2.Earnings per share for the nine months stood at AED 0.61 per share. In line with the 2015 guidance, approximately 2,500 units are expected to be delivered across the company's development portfolio during 2015.
During the results period, booking sales reached more than seven billion dirhams, which shows the continued demand and interest in the company's products, while total space sold in the first nine months of 2015 reached 6.24 million square feet with a growth of 8.5% compared to the same period in 2014.








