Founding and Ownership:DAMAC Properties was established in 2002 as part of DAMAC Group. Hussain Sajwani is the founder and chairman of both DAMAC Group and DAMAC Properties.
Home Listing Properties Details
DAMAC Properties is a prominent Emirati property developer based in Dubai, focusing on luxury residential, leisure, and commercial projects. Founded in 2002 by Hussain Sajwani, it has expanded internationally and was listed on the Dubai Financial Market before being delisted and taken private in 2022. DAMAC is known for its high-quality developments, diverse portfolio, and commitment to redefining luxury living.
Founding and Ownership:DAMAC Properties was established in 2002 as part of DAMAC Group. Hussain Sajwani is the founder and chairman of both DAMAC Group and DAMAC Properties.
Business Focus:DAMAC specializes in developing luxurious residential properties, including high-rise towers, master-planned communities, and island resort residences. They also develop commercial properties, hospitality projects, and mixed-use developments.
Key Projects: DAMAC's portfolio includes iconic projects like DAMAC Hills, DAMAC Lagoons and Cavalli Tower.
Global Presence:DAMAC has expanded its operations beyond the UAE, with projects in Saudi Arabia, Qatar, Jordan, Lebanon, and the UK.
Vision and Mission:DAMAC aims to be a leading luxury developer, delivering high-quality developments that exceed customer expectations.
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