Damac

DAMAC Properties is a leading luxury real estate developer based in Dubai, United Arab Emirates. Founded in 2002 by Emirati billionaire Hussain Sajwani, the company has become a major player in the Middle Eastern property market with a presence in over 15 cities worldwide, including Dubai, Riyadh, London, Toronto, and Miami. Known for its high-end residential, commercial, and leisure developments, DAMAC offers iconic projects such as DAMAC Residenze and DAMAC Heights in Dubai Marina, as well as the prestigious DAMAC Towers by Paramount Hotels & Resorts in Downtown Dubai. The company also collaborates on unique developments like Chelsea Residences, a football-themed luxury apartment complex inspired by Chelsea FC.

In recent years, DAMAC has expanded its portfolio beyond real estate, with notable investments including a $20 billion commitment to data centers in the United States. The company is also developing Amali Island on Dubai’s World Islands, featuring exclusive beachfront mansions. With strong financial reserves and a reputation for luxury and innovation, DAMAC Properties continues to shape the landscape of luxury living and commercial spaces in the region and beyond.