HISTORY
The company was founded by Hussain Sajwani, a visionary businessman who saw an opportunity to meet the growing demand for high-end properties in Dubai. Under his leadership, DAMAC has grown from a small real estate development company to a multinational corporation with a diverse portfolio of residential, commercial, and leisure properties.
In 2013, DAMAC went public on the Dubai Financial Market, becoming the first real estate developer from the UAE to list on a stock exchange. The company’s initial public offering (IPO) raised over $380 million and was oversubscribed by more than 10 times. DAMAC’s growth and success continued throughout the 2000s and 2010s. They embarked on several ambitious and iconic projects, including DAMAC Heights and a supertall skyscraper in Dubai Marina.
PROJECTS
One of the key factors behind DAMAC’s success is its focus on creating projects that are both functional and aesthetically appealing. Whether it’s a luxury villa or a high-rise tower, every DAMAC property is designed with the latest technology and modern amenities to ensure the highest level of comfort and convenience for residents.
The company has made significant contributions to the growth and development of Dubai’s real estate sector. Some of its most notable projects include the development of the world-renowned Trump International Golf Club Dubai and the luxurious DAMAC Hills community. They embarked on several ambitious and iconic projects, including DAMAC Heights, a supertall skyscraper in Dubai Marina, and DAMAC Towers by Paramount Hotels and Resorts, a luxury hotel and serviced apartment complex in Business Bay.
EXCLUSIVE OFFERS
EARN 8% GUARANTEED RETURNS FOR 4 YEARS
luxury hotel rooms from AED 2.5mn with 5% VAT waiver and 4% DLD fee waiver.
At the Paramount Hotel – Business Bay and the Paramount Midtown Hotel – Sheikh Zayed Road, luxury inspired by Hollywood reigns supreme. These exceptional hotel investments offer an unforgettable experience with their breathtaking cinematic decor, upscale food and beverage concepts, lavish sundecks, and much more.
They are truly unique opportunities that are not to be missed.
THEY DON’T MAKE THEM THIS WAY ANYMORE
5BR TOWNHOUSES FROM AED 3.35 MILLION WITH 100% DLD FEE WAIVER.
The Legends is a community of contemporary townhouses that offer a lifestyle that is beyond compare. These spacious and modern townhouses are designed to elevate your living experience and provide you with all the comfort and convenience you need to live your best life.
One of the standout features of the Legends townhouses is their large backyard garden spaces.
FOR LIFE’S UNFORGETTABLE MOMENTS
ReADY HOMES FROM AED 500,000.
If you’re looking to give your memories a place to call home, DAMAC Properties has got you covered with a convenient home finance plan. With this plan, you can finance up to 75% of your dream home with tenures of up to 25 years, making it easier than ever to own a property in Dubai.
You can choose from a range of villas and apartments in DAMAC Hills and DAMAC Hills 2, two of Dubai’s most vibrant and sought-after communities.
LIFE IS MORE THAN JUST THE WEEKEND
APARTMENTS FROM AED 879,000
If you’re looking for a luxurious and unique living experience, look no further than Golf Gate at DAMAC Hills. This award-winning golf community features a fine selection of one and two-bedroom apartments that offer stunning views of the Trump International Golf Club Dubai.
One of the standout features of Golf Gate is the mesmerizing signature cascade waterfall feature, which creates a tranquil and soothing atmosphere.
APARTMENT AND VILLAS
DAMAC Properties has developed a wide range of luxury apartments in Dubai, catering to different preferences and lifestyles. DAMAC Heights, Located in Dubai Marina, DAMAC Heights is a stunning residential tower offering luxurious apartments with breathtaking views of the Arabian Gulf. The tower features one, two, and three-bedroom apartments, as well as penthouses, and high-end amenities.
DAMAC Towers by Paramount Hotels and Resorts is another wonder in Business Bay, this iconic development features four towers, including a hotel and three residential towers. The residential towers offer furnished and serviced apartments with sophisticated designs inspired by the renowned Paramount Pictures brand.
DAMAC Bay by Cavalli
Let the waves guide you to DAMAC Bay by Cavalli, a magnificent residential project standing tall as three splendid towers in Dubai Harbour, with 42 storeys each.
Virdis
Virdis offers a selection of serviced apartments and premium residences opening out to spectacular community and city views on all sides.
Camelia Villas
Discover a unique sense of belonging in the charming community of Camelia Villas. This exclusive enclave of townhouses is complemented by exceptional facilities.
Ibiza
Immerse yourself in an oasis of greenery with well-maintained lawns and tranquil Boho courtyard surrounding the townhouses.
Elegance Tower
Elegance Tower offers picture-perfect views of the city’s architectural and engineering marvels. The 1 & 2 bedroom residences are model examples of urban sophistication.
DAMAC COMMUNITIES
DAMAC Hills 2
Formerly known as AKOYA, DAMAC Hills 2 is a highly sought-after residential development that has redefined luxury living in Dubai. The community is designed to cater to the needs of modern families and offers a range of living options to suit different lifestyles and budgets.
DAMAC Hills 2 features a range of world-class amenities, including a championship golf course, a vast green park, and a community center that houses a range of fitness and leisure facilities.
DAMAC Lagoons
DAMAC Lagoons is a magnificent residential development that aims to provide its residents with a luxurious lifestyle in the heart of Dubai. The community features a stunning collection of apartments, townhouses, and villas, all of which are designed to offer an exceptional living experience.
With a focus on water-inspired living, DAMAC Lagoons offers its residents access to a range of top-notch amenities, including swimming pools, spas, and landscaped gardens.
DAMAC Hills
DAMAC Hills community is a well-established self-contained community comprising villas, apartments and a hotel. Home to the Trump International Golf Club Dubai, it also boasts nearly four million square feet of parkland offering various themed areas for relaxation and sports.
Which include restful gardens and lakes, a skate park, stables and football field. Popular food trucks and a resident ice cream van serve the community, along with a Carrefour supermarket, Jebel Ali
Eco-Friendly Approach
DAMAC has incorporated green building practices into their designs, including using environmentally friendly materials, reducing water and energy usage, and improving indoor air quality. They have obtained several green certifications for their buildings, such as the Leadership in Energy and Environmental Design (LEED) certification.
DAMAC has incorporated green building practices into their designs, including using environmentally friendly materials, reducing water and energy usage, and improving indoor air quality. They have obtained several green certifications for their buildings, such as the Leadership in Energy and Environmental Design (LEED) certification.
CONCLUSION
In conclusion, DAMAC Properties has come a long way since its inception in 2002, evolving from a small real estate development company into one of the leading players in the industry. The company’s commitment to quality, innovation, and customer satisfaction has made it one of the most recognized real estate developers in Dubai and the wider region. With several ongoing projects, including the massive AKOYA Oxygen development and the luxurious DAMAC Hills community, DAMAC is set to continue making a significant impact on the real estate sector for years to come.