Company Name: DAMAC Properties
CEO: Hussain Ali Sajwani
Founded: Year 2002
About DAMAC Properties:
DAMAC Properties was founded as a private residential, leisure and commercial developer in Dubai and in the Middle East in the year 2002. The company is renowned as a professional in the field of real estate, having a phenomenal team that works with high standards both on and off site. DAMAC Properties has created its name in the field of real estate in Dubai and has now expanded rapidly into North Africa, Jordan, Lebanon, Qatar and Saudi Arabia. The company has launched plenty of development projects such as DAMAC Hills and Akoya Oxygen. Aside from that, DAMAC’s villas and apartments stand as one of the biggest projects under their name, as their properties are branded to fit all of their clients’ needs at affordable prices. DAMAC Properties has committed to provide the highest quality of service to satisfy its clients and consultants, believing that success is acquired the hard way in-order to keep both the name and the honor up high.
Mission of DAMAC Properties:
“At the heart of DAMAC Properties’ culture lies the desire to deliver a luxury vision for customers. From the selection of its development partners such as architects, designers and contractors, to the handover of keys, the company endeavors to keep its promise to make sure every detail is flawless.”
Vision of DAMAC Properties:
“DAMAC Properties, as a leading luxury real estate developer, strives to provide dream homes and unique living concepts to customers from all over the world.”
History of DAMAC Properties:
DAMAC Properties was established in the year 2002 and is now a luxury real estate developer company that provides unrivalled living experiences in Dubai, United Arab Emirates. The company is part of the DAMAC Group, which has grown to become one of the foremost luxury developers with projects spanning the whole GCC, wider Middle East and crawling all the way to United Kingdom. In November 2013, DAMAC Properties proclaimed a sale of Global Depository Receipts on the London Stock Exchange Market and raised about $500 million. DAMAC Properties became the first Real Estate Company in Dubai to be listed on the London Stock Exchange through global depository receipts.