Developer
Damac Properties
Damac Properties, founded in 2002 by Hussain Sajwani as part of the DAMAC group, emerged following the introduction of freehold ownership rights for expatriates in Dubai. The company quickly expanded, opening international sales offices in 2004 and significantly increasing its valuation by 2005. By 2006, Damac had 20 projects under development across the Middle East. In 2011, the company launched DAMAC Maison, its hospitality arm, and by 2017, it was featured on the Forbes Global 2000 list. Damac has completed numerous award-winning residential, commercial, and mixed-use projects in Dubai, Abu Dhabi, Qatar, Saudi Arabia, Jordan, Lebanon, and the United Kingdom. Recognized as one of the most innovative luxury brands in the Middle East, Damac Properties has a strong track record in luxury property development. The company has successfully sold thousands of luxury units in key international markets, with each residence showcasing architectural brilliance and uncompromising quality. Renowned for its iconic projects, luxury high-rise towers, and master-planned communities, Damac has formed strategic partnerships with global luxury brands like Versace and Cavalli, transforming its developments into lifestyle emblems. Notable projects include Damac Heights, Damac Hills, REva Residences, and Aykon City.
