Project delivery dates remain unchanged

Managing Director of Damac Properties, Amira Sajwani, affirmed her absolute confidence in the leadership of the UAE in continuing the process of economic growth and facing the most difficult challenges, in light of the political tensions taking place in the Middle East and the Gulf Cooperation Council countries.

Sajwani said that the pace of work on construction projects in all Damac projects is proceeding according to the specified schedule, and that delivery dates are continuing as scheduled without any changes, which reflects the company’s strong operational capabilities and its commitment to delivering projects on time.

Sajwani stressed that the stability that the country enjoys, in addition to the strength of its economy, and the sustainable growth of its business sector, is primarily due to the presence of a wise leadership that plans for the future and has a long-term vision, which enhances the country’s position on the global map in all fields, and enhances its ability to confront various challenges and crises and emerge from them stronger, more developed, and more prosperous.

Sajwani said: “We are reassured and confident in the UAE, under the leadership of His Highness Sheikh Mohammed bin Zayed Al Nahyan, President of the State, may God protect him, and His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, may God protect him. We have absolute confidence in our wise leadership, and history has taught us that the UAE always overcomes challenges and crises and emerges stronger and more resilient from them, and we witnessed this during the global financial crisis in 2017. 2008, during the (Covid-19) pandemic, and again after the strong rainstorm that occurred in April 2024, and we are confident that the UAE will also emerge stronger this time.”

Sajwani stressed that the strong economic foundations of the UAE, especially in the real estate sector, continue to reflect positively on the market’s performance and its strong numbers, noting that according to data from the “Dubai Rest” application of the Dubai Land Department, the value of real estate transactions in the Dubai market amounted to 246.12 billion dirhams in the first quarter of 2026, compared to 142.7 billion dirhams in the first quarter of 2025, which Represents an increase of 72.46% on a quarterly basis.

Sajwani continued: “These numbers clearly confirm that despite the political tensions in the region, the demand for real estate in Dubai is still very good, and investors’ confidence in Dubai remains solid, which strengthens the emirate’s position as one of the most attractive and safe investment destinations in the world.”