DAMAC is a luxury-oriented developer that high-end residential properties, and it has expanded into the hospitality market with its subsidiary, DAMAC Hotels and Resorts.
Although DAMAC Properties was only founded in 2002, it quickly flew to the top of Dubai’s property development market, and today, it’s one of Dubai’s largest developers with over 2 billion USD in annual revenue. In fact, it was the #1 Forbes Growth Champion in 2017.
Its major projects in Dubai include DAMAC Towers by Paramount and DAMAC Heights, which boasts the Best International High-Rise Architecture Award from the International Property Awards.
The developer is also behind the DAMAC Tower London – the tallest residential skyscraper in London.
They’ve certainly made waves in the UK, yet DAMAC Properties’ core business interests remain in the Middle East. DAMAC has a huge presence in Qatar, Jordan, Lebanon, and Saudi Arabia in addition to its Dubai developments.
Overall, DAMAC Properties is one of the fastest-growing and most international developers in Dubai.
UNITS DELIVERED
UNITS UNDER DEVELOPMENT
PROJECTS IN PLANNING AND PROGRESS
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