Dubai-Mubasher: Damac Properties launched ten “major” projects so far this year with combined investments of more than AED 13 billion ($3.54 billion), according to a statement.

The announcement comes in line with Cityscape Global 2016 which will take place from 6 to 8 September at the Dubai World Trade Centre.

The projects announced for the first half of 2016 are “AYKON City hotel apartments and hotel rooms, AYKON City residential apartments, XV Villas at AKOYA by DAMAC, The Beach by Maison De Ville, Tower 108, AKOYA Cuatro Villas, AKOYA Imagine, AKOYA Imagine plots, and AKOYA Imagine 2.0”.

More than AED 57 billion ($15.52 billion) was invested in real estate in Dubai during the first half of 2016. Moreover, the market now offers stronger yields and potential for greater capital growth in the run up to Expo 2020 Dubai, according to a data by the Dubai Land Department.