DAMAC says Dubai projects avoided supply chain hit as Harbour Lights tops out

Summary:

DAMAC Properties announced the topping out of its Dh243 million Harbour Lights tower in Dubai Maritime City, marking a significant milestone in the project. The 52-storey tower, which will feature 294 apartments, five podium levels, and luxury amenities like an infinity pool and gym, is set for completion in 2027. Despite global supply chain pressures, DAMAC reported no major delays, attributing this to efficient logistics via Khor Fakkan and Fujairah. The developer emphasized that Dubai's luxury real estate market remains attractive due to competitive pricing and high-quality offerings.