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DAMAC Properties

Growth Score40DXBi Rank97Heat Score100

Damac Properties Dubai Co. PJSC

Dubai's leading private luxury property developer

Founded 2002Public (DFM-listed)Dubai, UAE, Dubai1000+ employeesdamacproperties.com
Prospect profilereal estateluxury propertyDubai developerDFM-listedoff-plan residentialbranded residences
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Overview

DAMAC Properties is a Dubai-based luxury real estate developer founded in 2002 by Hussain Sajwani, active in residential, commercial, and leisure property development across the UAE and internationally. It is publicly listed on the Dubai Financial Market (ticker: DAMAC) and is widely cited as one of the largest private developers in the UAE, with a portfolio spanning Dubai, Saudi Arabia, Jordan, Lebanon, the UK, and the US. The company has delivered over 50,000 residential units and, per 2025-2026 reporting, continues to lead Dubai's off-plan residential sales market with multi-billion-dirham quarterly sales volumes.
40

Growth Score

Steady

100

Heat Score

Trending up

Details

Operating Status
Active
Company Type
Public (DFM-listed)
Headquarters
Dubai, UAE
Founded
2002
Company Size
1000+ employees
Revenue
$1B+ (reported ~$1.6bn annual revenue per company/biography sources; AED 36bn / ~USD 9.8bn in 2025 sales volume per 2025 reporting)

Stock listing

Dubai Financial Market (DFM): DAMAC

Products & Services

DAMAC Hills / DAMAC Hills 2

Master-planned golf-course residential community in Dubai (formerly linked to Trump International Golf Club branding)

DAMAC Lagoons

Mediterranean-themed waterfront villa community in Dubai

DAMAC Islands / DAMAC Islands 2

Tropical island-themed master residential communities in Dubai

Chelsea Residences by DAMAC

Football-themed branded residential tower development at Dubai Maritime City, developed under partnership with Chelsea FC

DAMAC Hotels & Resorts / Paramount Hotels & Resorts (branded residences)

Hospitality and branded-residence operations

DAMAC Digital / Edgnex Data Centres

Global AI-focused data-center and digital infrastructure division, with projects across the US, Europe, Southeast Asia and the Middle East

PRYPTO

Proptech platform for fractional/digital real estate ownership, founded by Amira Sajwani within the DAMAC ecosystem

D-Labs

DAMAC's innovation and digital ventures unit led by Ali Sajwani

People

Technology

No technology or web presence data on file yet.

Financials

Dubai Financial Market (DFM): DAMAC

Stock

Funding rounds

Projects

PartnershipAnnounced / ongoing

Chelsea FC front-of-shirt sponsorship and Chelsea Residences by DAMAC

DAMAC Properties became Chelsea FC's official front-of-shirt sponsor and 'Official Property Development Partner' from late April 2025 (initially through end of 2024/25 season, later extended); the tie-up centers on 'Chelsea Residences by DAMAC', a 1,400+ unit football-themed branded residential development at Dubai Maritime City. The final tower of Chelsea Residences was unveiled in mid-2026.

Apr 30, 2025

M&A / DivestitureAnnounced (closing expected June 2026)

BDA Partners advises DAMAC on majority sale of Roberto Cavalli

DAMAC Group sold a majority stake in Italian fashion house Roberto Cavalli to Marquee Brands (Neuberger Berman-backed) and Milan-based operating partner The Level Group, while retaining a significant minority stake and continuing to operate Roberto Cavalli-branded hospitality and residences globally. BDA Partners advised DAMAC on the transaction, expected to close June 2026.

May 21, 2026

Project LaunchLaunched

DAMAC Islands 2 launch

DAMAC launched 'DAMAC Islands 2', an eight-island-themed master community in Dubai, with a high-profile marketing campaign featuring Bollywood stars Alia Bhatt and Ranbir Kapoor; the launch coincided with DAMAC opening a new sales office in Cairo, Egypt, to target regional buyers.

Nov 13, 2025

Executive AppointmentCompleted

Rahul Tewari appointed CFO of DAMAC Digital

DAMAC Digital (DAMAC's digital infrastructure/data-center arm) named Rahul Tewari as Chief Financial Officer to lead its finance function amid international expansion in AI-focused data centers.

Jun 28, 2025

Financial MilestoneReported

DAMAC posts record AED 36 billion (~$9.8bn) in 2025 sales

DAMAC Properties reported AED 36 billion in property sales for 2025, positioning it as the top-performing private developer in Dubai for the year, per company/GM Amira Sajwani statements.

$9.8B

Jan 20, 2026

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