Damac

DAMAC Properties, a pioneering real estate developer with nearly two decades of experience, has been at the forefront of transformative projects in the Middle East. Specializing in the premium property market, DAMAC Properties has left an indelible mark by constructing commercial and leisure hubs across the UAE, Jordan, Saudi Arabia, Qatar, Turkey, Lebanon, and the UK. As of June 30, 2021, the company boasts a track record of over 35,000 completed projects, with an additional 30,000 currently underway.

The company's roots trace back to 2002 when the Dubai government opened the real estate market to international investors, granting them freehold property rights. Founded by Hussain Sajwani, DAMAC's core mission revolves around the ambitious goal of elevating the UAE into a global epicenter of trade, hospitality, and lifestyle.

DAMAC's influence extends through three subsidiary entities: DAMAC Maison, DAMAC Properties Development Co LLC, and DAMAC Real Estate Limited Development. In a significant milestone, DAMAC Properties shares were first listed on the London Stock Exchange (LSE) in 2013, marking the onset of global recognition for investment appeal within the UAE's developer community. In 2018, the company proudly became a member of the Middle East Investor Relations Association, an organization dedicated to enhancing the efficiency, reputation, and allure of capital markets in the Middle East.