DAMAC is the Middle East premier development company, has been delivering luxury homes since 2002. It mainly focuses on residential, commercial and hospitality construction. Operation area includes an entire GCC region, separate special projects are conducted across Qatar, Saudi Arabia, Lebanon, Jordan and United Kingdom.
Found and headed by Hussain Sajwani DAMAC now is one of the biggest licensed firms in the Emirates and a member of Middle East Investor Relations Association. Since 2015 it has been listed on Dubai Financial Market.
Group subsidiaries include DAMAC Hotels and Resorts, DAMAC Maison Hospitality, DAMAC Real Estate Development, DAMAC International and DAMAC Properties Development.
Important for the investors to know, that sales get launched right after the 1st public presentation of the project and that resulting in all the stock of properties get sold out right upon construction completed. When considering DAMAC off-plan properties customers may see 3D-model of future homes or walk around a replicate residential unit – showroom.
