DAMAC

DAMAC Properties is an Emirati property development company based in Dubai, United Arab Emirates. Established in 1982 by Hussain Sajwani, DAMAC Properties is known for its luxury real estate developments in Dubai and other international markets. The company operates across various sectors including residential, commercial, and leisure properties.

DAMAC Properties has a diverse portfolio of projects across the UAE, Saudi Arabia, Qatar, Jordan, Lebanon, Iran, Oman, and the United Kingdom. Their developments include high-rise towers, gated communities, hotel apartments, and branded residences.

The company has gained recognition and received numerous awards for its contributions to the real estate industry. Some of the awards DAMAC Properties has received include the Best Luxury High Rise Living for Cavalli Casa Tower and the Leading Real Estate Developer of Luxury Properties in the UAE.

DAMAC Properties has a strong financial standing, with reported revenue of $1.66 billion in 2018.

As of June 2023, DAMAC has delivered around 46,000 quality homes, with approximately 33,000 more under construction or in planning stages.

The company’s dedication to design, craftsmanship, and quality has made it a prominent player in the luxury real estate market. DAMAC Properties continues to shape the landscape of Dubai and other markets with its iconic developments.