A model of Damac's Akoya scheme from the Cityscape Global 2016 event. The company handed over 650 homes at the master planned community in the first three months of 2020. Pawan Singh / The National
A model of Damac's Akoya scheme from the Cityscape Global 2016 event. The company handed over 650 homes at the master planned community in the first three months of 2020. Pawan Singh / The National

Damac slips to loss in first quarter despite higher revenue