Developer Partner
DAMAC Properties
DAMAC Properties is the property development arm of Hussain Sajwani's DAMAC Group, formed in 2002.
2002
Founded
Dubai, UAE
Headquarters
50,000+
Units Delivered
Overview
About DAMAC Properties
DAMAC Properties is the property development arm of Hussain Sajwani's DAMAC Group, formed in 2002. It is privately held: its shares were delisted from the Dubai Financial Market on 31 May 2022 after a buyout by its founder, and it raises debt through sukuk listed on Nasdaq Dubai. DAMAC reports more than 50,000 homes delivered. It has created branded residences with Versace, Fendi, Cavalli and Trump, and its master communities include DAMAC Hills, DAMAC Hills 2, DAMAC Lagoons and DAMAC Islands. Its website lists projects in the UAE, Saudi Arabia, Qatar, Jordan, Lebanon, Iraq, the Maldives and the UK.
Track Record
Key Highlights
- Over 50,000 homes delivered (DAMAC)
- Branded residences with Versace, Fendi, Cavalli and Trump
- Privately held since its shares were delisted from the DFM on 31 May 2022
- Projects in eight countries, including the UAE, Saudi Arabia, Qatar and the UK (DAMAC)
- Master communities include DAMAC Hills 2 (55 million sq ft) and DAMAC Islands (30 million sq ft), by DAMAC's figures
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