Founded in 2002 by Hussain Sajwani, the company has its roots in Dubai, UAE. Damac Properties is a trustworthy name in luxury real estate development, known for creating stunning projects worldwide that truly stand out. From the lavish DAMAC Hills and Aykon City in Dubai to the striking DAMAC Tower in London's Nine Elms and the impressive Jeddah Tower in Saudi Arabia, these projects are situated in some of the world's most famous locations.
Since it started, Damac Properties has made remarkable progress in the UAE. With an impressive portfolio of over 47,000 homes delivered and 33,000 more on the horizon, DAMAC has truly established itself as a powerhouse globally. DAMAC builds properties in some of the world's most appealing locations, from the lively city of Dubai to the serene beaches of the Mediterranean.
DAMAC is committed to innovation and quality, which has earned it over 100 global awards. In 2017, DAMAC Properties recorded a total revenue of AED 7.5 billion. In 2018, the total revenue was AED 6.1 billion. They have also partnered with well-known figures and brands, including collaborating with Donald Trump’s Organization, which resulted in luxurious developments like DAMAC Hills.
Damac Properties operates not just in the UAE but also in other countries, including the United States and the United Kingdom. Their commitment to creating beautiful and comfortable living spaces is evident in their iconic projects such as DAMAC Hills, DAMAC Heights, DAMAC Towers, DAMAC Lagoons, and DAMAC Tower Nine Elms in London. Every project by DAMAC Properties is a stunning work of art! Whether you're surrounded by the beautiful greenery of DAMAC Hills or enjoying breathtaking city views from DAMAC Tower, residents get to enjoy a lifestyle that mixes luxury with comfort.
Damac Properties believes in giving back to the community. They support meaningful initiatives like the “Fresh Slate”, “1 Billion Meals” campaign and the “One Million Arab Coders” program, which highlights their dedication to making a positive impact. Their strategy for Environmental, Social, and Governance (ESG) emphasises minimising their environmental impact, improving energy and water usage, and supporting circularity, climate initiatives, and the preservation of biodiversity.
With a proven track record and a commitment to excellence, Damac Properties continues to be a top choice for anyone looking for luxury real estate that combines innovative design with a strong sense of community. Recently, they introduced The Future Loop Project in Dubai, which is a 2-kilometre elevated pathway connecting iconic landmarks such as the Museum of the Future and Dubai World Trade Centre. This initiative reflects their innovative mindset towards urban development and sustainability.
