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DAMAC International has started construction of The Delmore, a 37-unit, ultra-luxury condominium project in Miami’s Billionaire’s Triangle.

A Dubai-based developer plans to build a 12-story luxury condominium project on the South Florida site where a building collapsed in 2021, killing 98 people.

The first half of 2024 saw more than 220,000 people relocating to Dubai. This reinforced the ongoing increase in the demand for residential units, Amira Sajwani, Managing Director of DAMAC Properties.