DAMAC Properties was founded in 2002 by Hussain Sajwani. Today it is one of the largest companies in the Dubai real estate market, which is actively developing its activities in other emirates, including Ras Al Khaimah. In addition, DAMAC is a well-known name across numerous international markets: namely Saudi Arabia, Qatar, Jordan, Lebanon and the UK. With 20+ years of successful experience, the company has established a reputation as a reliable real estate developer that realizes premium and innovative projects.
Property by DAMAC is designed for different categories of buyers, from families and professionals to wealthy investors. The developer's portfolio includes luxury apartments, villas, townhouses and multifunctional complexes. All projects are strategically located in areas with excellent transport accessibility, developed infrastructure and high economic potential. These include Business Bay, Dubai Marina, Dubailand, Jumeirah Village Circle and Al Barsha South. Properties by DAMAC are characterized by first-class design and world-class amenities. Many residential developments are co-engineered with world-renowned brands. Among the company's successful collaborations are partnerships with Versace, Fendi, Roberto Cavalli and Paramount Hotels & Resorts.
In addition to residential complexes, the developer is actively building entire areas and communities that occupy top positions in Dubai's urban landscape. Among the flagship developments is DAMAC Hills, located around Trump International Golf Club Dubai. It offers villas, townhouses and apartments by DAMAC Properties surrounded by world-class amenities. Another renowned community is DAMAC Lagoons, with the cluster design inspired by popular Mediterranean locations. They offer townhouses and villas by DAMAC Properties with spacious layouts and aesthetically pleasing interiors. The community features artificial lagoons, sandy beaches, waterfront cafes and facilities for kayaking and paddleboarding. The company's new landmark is DAMAC Islands, which is the coastal neighborhood. It is rapidly increasing in popularity due to its innovative design and strategic location. Within hours of launch, sales exceeded 10 000 000 000 AED (2 720 000 000 $). DAMAC Islands offers villas and townhouses as well as exclusive amenities such as a marina, shopping arcades, beach promenades and stunning water installations. Townhouses by DAMAC are also featured in the newly launched Violet 4 at DAMAC Hills 2 and Sun City at Dubailand.
In addition to real estate development, the company's division, DAMAC Maison Hotels & Resorts, is active in the hotel sector. The developer is also successfully exploring international markets. For example, DAMAC has built DAMAC Tower Nine Elms in London with interiors by Versace Home. International investors and buyers are attracted by the fact that the company is able to successfully adapt its luxury-oriented approach to different global markets. The developer continues to actively search for new, promising areas to broaden its activities. The company recently announced plans to invest in a data center in Madrid as part of a project worth 1 600 000 000 AED (400 000 000 $).
An integral part of DAMAC's ethics is corporate social responsibility. The Hussain Sajwani Foundation under the name DAMAC Foundation spearheads philanthropic initiatives in the fields of education, health and youth advocacy. The real estate developer recently invested 3 000 000 AED (817 000 $) in the Arab Creators of Hope initiative to address social issues in the region.
Its ability to anticipate market trends and adapt to the actively changing demands of buyers makes the developer one of the key players not only in the real estate market in Dubai, but also in the international arena. This is why DAMAC's achievements have been recognized with numerous awards for design, marketing and customer service. For example, DAMAC Maison Distinction was recognized with the Best Boutique Hotel category at the Middle East Hospitality Excellence Awards 2024.
Projects by DAMAC are always the best option for those looking to buy property in Dubai. The developer's portfolio includes luxury villas in golf communities, modern townhouses in family neighborhoods, and premium apartments with coastal views. As properties by DAMAC are designed with a focus on quality and aesthetics, they attract international investors who are interested in high rental income. All of the company's developments will remain relevant for many years to come and consistently increase in value, providing solid capital appreciation.
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