About DAMAC
- About Damac
DAMAC: Setting the Standard for Luxury Real Estate
DAMAC: A Benchmark In Luxury
Real Estate
As part of the DAMAC Group, DAMAC Properties has been a trailblazer in the Middle East’s luxury real estate market since 1982.
We create extraordinary residential, commercial, and leisure developments in the UAE and worldwide.
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+48,000
Homes Delivered -
+50,000
Inplanning & Development
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+48,000
Homes Delivered
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+50,000
Inplanning & Development
- Our Vision
Crafting Unforgettable Living
Experiences
We aim to transform city living by building lively communities, signature skyscrapers, and globally recognized branded homes.
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Seamless lifestyle
Communities -
Distinctive architectural
landmarks
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Seamless lifestyle
Communities
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Distinctive architectural
landmarks
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Collaborations with
top luxury brands -
Leading sustainable
innovation
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Collaborations with top
luxury brands
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Leading sustainable
innovation
Founder's Message
Since day one, DAMAC has been driven by a vision: to create more than just buildings — to craft experiences that elevate lives. Over the years, DAMAC has grown into a symbol of iconic developments, where excellence in design, craftsmanship, and innovation come together to define a new standard of luxury living. Every project reflects our commitment to quality, ambition, and the belief that real estate should inspire. We are proud to shape skylines and communities that not only stand out but stand the test of time. — Hussain Sajwani Founder & Chairman, DAMAC Group
Founder's Message
Since day one, DAMAC has been driven by a vision: to create more than just buildings — to craft experiences that elevate lives. Over the years, DAMAC has grown into a symbol of iconic developments, where excellence in design, craftsmanship, and innovation come together to define a new standard of luxury living. Every project reflects our commitment to quality, ambition, and the belief that real estate should inspire. We are proud to shape skylines and communities that not only stand out but stand the test of time. — Hussain Sajwani Founder & Chairman, DAMAC GroupDAMAC has become a symbol of iconic developments, redefining excellence in design, craftsmanship, and elevated living.
Management Team
DAMAC Properties’ leadership and top managers bring deep experience in real estate
and building industries.
HUSSAN SAJWANI
Founder
ALI SAJWANI
Managing Director
AMIRA SAJWANI
Managing Director
HITESH DHOOT
Chief Finance Officer
MOHAMMED TAHAINEH
General Manager
MP JOHN
Chief Human Capital Officer
HUSSAN SAJWANI
Founder
HUSSAN SAJWANI
Founder
ALI SAJWANI
Managing Director
ALI SAJWANI
Managing Director
AMIRA SAJWANI
Managing Director
AMIRA SAJWANI
Managing Director
HITESH DHOOT
Chief Finance Officer
HITESH DHOOT
Chief Finance Officer
MOHAMMED TAHAINEH
General Manager
MOHAMMED TAHAINEH
General Manager
MP JOHN
Chief Human Capital Officer
MP JOHN
Chief Human Capital Officer
- DAMAC Rise
2024 – A Year of Growth and Giving Back
- DAMAC Properties launches and successfully sells out DAMAC Lagoon Views
- DAMAC reveals an ambitious expansion plan in the Asia-Pacific region, with new offices opened in Singapore, Beijing, and Shanghai
- The DAMAC Alkhair Initiative, in partnership with RTA, brings happiness to thousands by distributing Iftar meals during Ramadan
- DAMAC Hills 2 becomes one of the most active real estate communities in the UAE in terms of property transactions
- The Roberto Cavalli brand opens a new luxury boutique on New Bond Street in London
- S&P Global Ratings upgrades DAMAC Real Estate Development Limited’s long-term credit rating to ‘BB’, thanks to stronger financial performance and a stable outlook
2023 – Expansions & Major Projects
- DAMAC’s LOAMS wins two prestigious awards at the International Real Estate Community Management Summit
- DAMAC Properties officially announces the launch of DAMAC Bay by Cavalli
- Emirates NBD arranges a USD 200 million Sukuk for DAMAC, with a 2.25-year senior unsecured term
- DAMAC Properties becomes the first developer in Dubai to sign a new registration process with the Dubai Land Department
- DAMAC joins the United Nations Global Compact initiative
- DAMAC Properties supports the first edition of the Emirates Award for Leadership in the Labour Market
- DAMAC submits its planning application to the Town of Miami Surfside, featuring stunning designs by Zaha Hadid Architects
- DAMAC introduces 'VOLTA', a new luxury residential development inspired by fitness, located on Sheikh Zayed Road in Dubai
- DAMAC Lagoons awards AED 2.4 billion worth of contracts in the first half of 2023
- DAMAC announces an ESG Risk Rating of 18.3 points, assessed by Sustainalytics
2022: Innovation, Global Expansion & Embracing the Future
- Safa One de Grisogono is launched, combining nature with luxurious living
- Safa Two de Grisogono is introduced, offering premium living spaces with views of the Dubai Canal
- D-labs is launched to develop virtual cities in the Metaverse
- DAMAC announces that it will accept Cryptocurrency payments for property purchases
- DAMAC Tower Nine Elms, the company’s flagship project in Europe, is completed in London’s Zone 1
- Dubai Schools and the Fresh Slate charity initiatives are launched
- DAMAC reveals that it has acquired land in Surfside, Miami to build a Cavalli-branded condominium project
2021: Strategic Shifts, Iconic Launches
- Hussain Sajwani announces a plan to privatize the company and remove it from the Dubai Financial Market (DFM)
- AKOYA is rebranded as DAMAC Hills 2, with the introduction of five new entertainment and leisure districts that set a new standard for community living
- The Cavalli Tower, an ultra-luxurious 70-story tower with interiors designed by Cavalli, overlooking Palm Jumeirah, is launched
- DAMAC Lagoons, the company’s third major development in Dubai, is introduced
2020 – Resilience in Crisis
- DAMAC introduces a new online A La Carte Villas concept at DAMAC Hills, allowing customers to design their own homes
- As part of its community support efforts, DAMAC participates in the International Humanitarian Day campaign 'Your families... our people', helping families impacted by COVID-19
- Hussain Sajwani and the DAMAC Foundation donate AED 3 million to the Arab Hope Makers Initiative
Key Milestones and New Launches in 2019
- Spinneys, a well-known supermarket chain, opens a store in DAMAC Hills
- DAMAC surpasses the 25,000 mark for total units delivered
- The first Sharia-compliant development, Ghalia, is handed over to residents
- DAMAC signs a partnership with Rotana Hotel Management Corporation for the development of DAMAC Towers Arjaan by Rotana in Riyadh, Saudi Arabia
- DAMAC introduces Golf Town in the growing DAMAC Hills community
- DAMAC opens dedicated Customer Service Centers in Shanghai and Beijing
- Ghalia, Jumeirah Village Circle
- Longview, DAMAC Hills
- Burj DAMAC Waterfront, Qatar
- Several clusters at AKOYA
Projects :
Tower 108, Jumeirah Village Circle
Strategic Partnerships, Landmark Projects
- Hussain Sajwani, founder of DAMAC Properties, signs a global partnership deal with the Roberto Cavalli Group
- DAMAC and Radisson Hotel Group launch Radisson Hotel Dubai DAMAC Hills
- Major construction progress at AYKON City, with 200,000 cubic feet of concrete poured in just 24 hours
- DAMAC issues a USD 400 million (AED 1.47 billion) Sukuk on NASDAQ Dubai
- Projects delivered in 2018:
- Avanti, Business Bay
- Burj DAMAC Marina, Qatar
- DAMAC Heights and DAMAC Residenze, Dubai Marina
- DAMAC Majestine, Business Bay
- DAMAC Tower in Amman, Jordan
- DAMAC Towers, Riyadh, Saudi Arabia
- Several villa clusters at DAMAC Hills
2024
2023
2022
2021
2020
2019
2018
- Global Acclaim & Distinction
Over 100 Honors Celebrating Creativity, Design, and Opulence
Since its establishment, DAMAC Properties has been consistently recognized for its transformative contributions to real estate. With more than 100 international accolades spanning skyscraper architecture, interior design, hospitality, and luxury communities, DAMAC continues to set new benchmarks, strengthening its industry leadership with every achievement.
2024
- Hussain Sajwani was named Executive of the Year at the Big Project ME Awards for his leadership and contributions to the real estate sector.
- Hussain Sajwani received the Lifetime Achievement Award at the 11th Gulf Business Awards, recognizing his exceptional career and impact on the industry.
- DAMAC Tower Nine Elms in London was recognized at the Concrete Awards in England for its remarkable design and construction.
- DAMAC Properties’ LOAMS won two prestigious awards at the International Real Estate Community Management Summit (IRECMS) for excellence in community management and real estate development.
2023
- CAVALLI CASA TOWER won the Best Luxury High Rise Living award at the 2023 Luxury Lifestyle Awards.
- DAMAC was named Leading Real Estate Developer of Luxury Properties in UAE 2023 at the World Business Outlook Awards.
- DAMAC was recognized as the Most Innovative Residential Community Developers – UAE 2023 at the Global Business Outlook Awards Ceremony 2023.
- The company won the Developer of the Year Award at the 18th Global RLI (Retail and Leisure International) Awards.
- DAMAC received ISO certification and the WELL Health and Safety Certification, demonstrating its commitment to quality and safety standards.
- Malibu Sky Lounge & Bar was Highly Recommended in the The Big Night Life Award 2023 under the Best Rooftop Venue category.
- Paramount Hotel Midtown won Gold at the Chef Excellence Awards 2023.
- LOAMS became a Corporate Member of the Middle East Facility Management Association (MEFMA).
- DAMAC received Highly Commended for Excellence in FM Health & Safety at the MEFMA 2023.
- The company obtained multiple ISO certifications (ISO – 9001, 45001, 14001, Mark of Trust – Multi Certification, Mark of Trust – UKAS).
- DAMAC achieved the WELL Health-Safety Rating, ensuring a safe and healthy environment for its developments.
2022
- LOAMS won the Happiest Residential Community award at the Real Estate Community Management Summit (IRECMS).
- LOAMS also received the Best Crisis Management award at the IRECMS.
- Ali Sajwani, Managing Director at DAMAC, was honored with the Next Generation Award by the Family Business Council Gulf.
- DAMAC Properties was recognized among the Top 50 Developers of the GCC by Construction Week Middle East.
- Hussain Sajwani, Founder and Chairman of DAMAC, was featured on the Power 100 List by Construction Week Middle East.
- Paramount Hotel Dubai won Best Off Beat Night Venue for Flashback Speakeasy at the Hotel and Catering News Middle East.
- Paramount Hotel Dubai also earned the Best Night Life Award 2022 for Flashback Speakeasy.
- Hussain Sajwani was named among the Most Influential Arabs 2022 by Arabian Business.
- LOAMS was acknowledged by the Dubai Land Department for its Outstanding Initiatives in Managing Communities and Buildings.
- Hussain Sajwani was recognized in the Best Leaders List by CEO Middle East.
- Trump International Golf Club at DAMAC Hills was named one of the Best Golf Courses in Dubai by Time Out.
2021
- LOAMS won the Best Crisis Management Initiative award at the IRECMS.
- Hussain Sajwani was named Real Estate Business Leader of the Year at the Gulf Business Awards.
- The DAMAC Living App received the Best Transformative Project in Real Estate award at both the GEC Awards 2021 and CXO Insight, for its one-stop-shop community app implementation.
- DAMAC Properties was a Finalist for Best Acquisition Team UAE at LinkedIn.
- Trump International Golf Club was a 2021 Travelers’ Choice award winner for Golfing Experiences.
- Hussain Sajwani was featured on Forbes’ World’s Billionaires List of 2021.
- Paramount Hotel Dubai won the Lobby of the Year award at the Leaders in Hospitality Awards 2021 UAE.
- Global Acclaim & Distinction
Over 100 Honors Celebrating Creativity, Design, and Opulence
Since its establishment, DAMAC Properties has been consistently honored for its remarkable contributions to real estate development. Garnering over 100 international awards and accolades in skyscraper architecture, interior design, hospitality, and premium communities, DAMAC continues to redefine excellence, growing more robust with every milestone.
2024
- Hussain Sajwani was named Executive of the Year at the Big Project ME Awards for his leadership and contributions to the real estate sector.
- Hussain Sajwani received the Lifetime Achievement Award at the 11th Gulf Business Awards, recognizing his exceptional career and impact on the industry.
- DAMAC Tower Nine Elms in London was recognized at the Concrete Awards in England for its remarkable design and construction.
- DAMAC Properties’ LOAMS won two prestigious awards at the International Real Estate Community Management Summit (IRECMS) for excellence in community management and real estate development.
2023
- CAVALLI CASA TOWER won the Best Luxury High Rise Living award at the 2023 Luxury Lifestyle Awards.
- DAMAC was named Leading Real Estate Developer of Luxury Properties in UAE 2023 at the World Business Outlook Awards.
- DAMAC was recognized as the Most Innovative Residential Community Developers – UAE 2023 at the Global Business Outlook Awards Ceremony 2023.
- The company won the Developer of the Year Award at the 18th Global RLI (Retail and Leisure International) Awards.
- DAMAC received ISO certification and the WELL Health and Safety Certification, demonstrating its commitment to quality and safety standards.
- Malibu Sky Lounge & Bar was Highly Recommended in the The Big Night Life Award 2023 under the Best Rooftop Venue category.
- Paramount Hotel Midtown won Gold at the Chef Excellence Awards 2023.
- LOAMS became a Corporate Member of the Middle East Facility Management Association (MEFMA).
- DAMAC received Highly Commended for Excellence in FM Health & Safety at the MEFMA 2023.
- The company obtained multiple ISO certifications (ISO – 9001, 45001, 14001, Mark of Trust – Multi Certification, Mark of Trust – UKAS).
- DAMAC achieved the WELL Health-Safety Rating, ensuring a safe and healthy environment for its developments.
2022
- LOAMS won the Happiest Residential Community award at the Real Estate Community Management Summit (IRECMS).
- LOAMS also received the Best Crisis Management award at the IRECMS.
- Ali Sajwani, Managing Director at DAMAC, was honored with the Next Generation Award by the Family Business Council Gulf.
- DAMAC Properties was recognized among the Top 50 Developers of the GCC by Construction Week Middle East.
- Hussain Sajwani, Founder and Chairman of DAMAC, was featured on the Power 100 List by Construction Week Middle East.
- Paramount Hotel Dubai won Best Off Beat Night Venue for Flashback Speakeasy at the Hotel and Catering News Middle East.
- Paramount Hotel Dubai also earned the Best Night Life Award 2022 for Flashback Speakeasy.
- Hussain Sajwani was named among the Most Influential Arabs 2022 by Arabian Business.
- LOAMS was acknowledged by the Dubai Land Department for its Outstanding Initiatives in Managing Communities and Buildings.
- Hussain Sajwani was recognized in the Best Leaders List by CEO Middle East.
- Trump International Golf Club at DAMAC Hills was named one of the Best Golf Courses in Dubai by Time Out.
2021
- LOAMS won the Best Crisis Management Initiative award at the IRECMS.
- Hussain Sajwani was named Real Estate Business Leader of the Year at the Gulf Business Awards.
- The DAMAC Living App received the Best Transformative Project in Real Estate award at both the GEC Awards 2021 and CXO Insight, for its one-stop-shop community app implementation.
- DAMAC Properties was a Finalist for Best Acquisition Team UAE at LinkedIn.
- Trump International Golf Club was a 2021 Travelers’ Choice award winner for Golfing Experiences.
- Hussain Sajwani was featured on Forbes’ World’s Billionaires List of 2021.
- Paramount Hotel Dubai won the Lobby of the Year award at the Leaders in Hospitality Awards 2021 UAE.
- Giving Back to Our Community
Based in the UAE, Supporting Communities
DAMAC was founded in the heart of the UAE, and we take great pride in giving back to the country that shaped our success. Through strong social programs and eco-friendly projects, we are committed to improving lives across the UAE.
- Giving Back to Our Community
Based in the UAE, Supporting Communities
DAMAC was founded in the heart of the UAE, and we take great pride in giving back to the country that shaped our success. Through strong social programs and eco-friendly projects, we are committed to improving lives across the UAE.