Damac reports Dh1.03 billion net loss in 2021

Dubai, UAE Damac Properties, one of the largest private sector real estate developers in the UAE, recorded Dh1.03 billion loss in 2020, a massive jump from Dh37 million net loss recorded in 2019, despite collecting Dh4.7 billion revenue last year compared to Dh4.4 billion in 2019. Booked sales for the period also nosedived to Dh2.3 […]