Dubai, United Arab Emirates: 12 July 2014: DAMAC Properties Executive Chairman and Chief Executive Officer, Mr. Hussain Sajwani, has handed over a AED One Million donation to the UAE Suqia (Water Aid) Campaign, as part of the Ramadan charitable giving programme.

The initiative was launched by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai to provide access to fresh drinking water for five million people around the world who suffer from shortage of potable water.

"According to the World Health Organisation, there are 780 million people in the world without access to clean water," said Mr. Sajwani. "We must do something to help. DAMAC Properties is pleased to be able to make a small difference to this worthy cause and thanks His Highness Sheikh Mohammed for bringing this important campaign to the attention of the world, particularly during the Holy month of Ramadan."

The donation by DAMAC Properties, which will save the lives of 40,000 people without water, is part of the company's commitment to support the Government of Dubai's efforts to help those less well off around the world.

The money raised will be used to build wells, install pumps and provide water purification equipment that will benefit millions of people in developing countries.

The World Health Organisation added that about 3.4 million people die every year due to water, sanitation and hygiene-related causes, with nearly all of the deaths occurring in the developing world.

The campaign is being launched in collaboration with the UAE Red Crescent. Mohamed Abdullah Al Haj Al Zarouni, General Manager of Dubai Branch said: "the campaign is getting closer to reaching its objective of AED 125 Million, in order to provide potable water for five million people. The teams of the Red Crescent started the excavation work of wells in Pakistan, Afghanistan, Irbil-Kurdistan-Iraq, and Tanzania. This campaign will reach 61 countries, and this humanitarian achievement carries the finger prints of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, may God protect him."

DAMAC Properties was recognized as one of the major contributors in the campaign during the official event of the UAE Red Crescent held in Emirates Palace in Abu Dhabi yesterday.

Established in 2002 in Dubai, DAMAC Properties has delivered almost 10,000 units to date and currently has a development portfolio of over 25,000 units at various stages of progress and planning as of March 31st 2014.

Further information is available at www.damacproperties.com

About DAMAC Properties:
For over a decade, the real estate portfolio of DAMAC Properties has been at the forefront of the Middle East's luxury real estate market. With an enduring passion for design and quality, the company has built a reputation for creating some of the most iconic and desirable properties in the UAE, Qatar, Saudi Arabia, Iraq, Jordan and Lebanon.

Established in 2002, DAMAC has delivered almost 10,000 units to date and currently has a development portfolio of over 25,000 units at various stages of progress and planning as of March 31st 2014.

Always at the forefront of visionary concepts, DAMAC has relationships with Paramount Hotels & Resorts, (the official licensee of Paramount Pictures), Italian fashion houses Versace Home and FENDI Casa for branded residential apartments and villas and The Trump Organisation for the development and operations of the Trump International Golf Course, Dubai and The Trump Estates within the AKOYA by DAMAC development.

Mid 2013, DAMAC Properties introduced the 'AKOYA by DAMAC' master plan development in Dubai. This includes mansions, villas, luxurious apartments and a retail centre all surrounding 'The Trump International Golf Club. Within the AKOYA by DAMAC, products include 'The Trump Estates', a limited collection of 100 luxurious mansions. Also set within the heart of the community is a global first, with the launch of FENDI fashion-styled villas. AKOYA by DAMAC is also the home of Golf Veduta - serviced hotel apartments and DAMAC serviced Villas by Paramount Hotels and Resorts.

As a global leader in branded real estate, the company is also developing a US$1 billion hotel and luxury serviced residences in the Burj area of Dubai, called 'DAMAC Towers by Paramount', which will comprise the first Paramount Hotel & serviced Residences in the region.

Within the hospitality sector, DAMAC's in-house hospitality team is responsible for managing the Company's growing portfolio of over 10,000 units of leisure assets in its serviced hotel apartment developments. The division provides complete hospitality management through its own hospitality operating brands 'DAMAC Maison Hotels and Hotel Apartments and NAIA by DAMAC.

As DAMAC continues to innovate and bring new concepts to the market, the Company is determined to build on its powerful performance to date. With vision and momentum, DAMAC is building the next generation of Middle East luxury living.

In addition to support services provided by the Dubai headquarters, the company's comprehensive Customer Care Program provides solutions through its network with offices in the UAE, Jordan, Iraq, Lebanon, KSA and Qatar.

Further information is available at www.damacproperties.com or join DAMAC Properties on Facebook, Twitter (@DAMACOfficial) and YouTube.

For more information please contact: Niall McLoughlin, Senior Vice President - Corporate Communications, DAMAC. Tel: +971 4 3732190 │ Fax: 00 9714 3732335 │Email: niall.mcloughlin@damacgroup.com

© Press Release 2014