Damac Property, the property development company based in Dubai, has reported its year-end performance for the period ending December 31, 2021. According to the report, the company achieved impressive results across all segments of its business.

The first segment highlighted by Damac Property is its residential portfolio. The company reported that it had sold over 6,500 homes during the period, which represents a significant increase from the same period last year. This success was attributed to the company's focus on quality and customer satisfaction.

Another key area of focus for Damac Property was its commercial properties. The company reported that it had completed several high-profile projects during the period, including its new office tower in Downtown Dubai. These developments have helped to drive demand for commercial space in the region, and Damac Property is expected to continue to benefit from this trend as more businesses move into the city.

Finally, Damac Property also reported strong results in its hotel division. The company has been expanding its hotel portfolio in recent years, and it has continued to do so during the period under review. The company reported that it had opened several new hotels in key locations throughout the Middle East and Africa, including a new hotel in Abu Dhabi and a new resort in Jordan.

Overall, Damac Property's year-end performance highlights its commitment to delivering high-quality real estate solutions to customers in the region. The company's focus on residential, commercial, and hotel development shows its ability to adapt to changing market conditions and meet the needs of its customers. As such, Damac Property is well-positioned to continue to deliver exceptional results in the coming years.