The DAMAC Properties developer has been leading the construction of significant real estate developments in the Middle East for almost 20 years. The company forms the premium property market and builds shopping and recreational centers in the UAE, Jordan, Saudi Arabia, Qatar, Turkey, Lebanon and the UK. As of June 30, 2021, DAMAC Properties has completed more than 35,000 projects, with another 30,000 projects under construction underway today.
The company was founded in 2002 when the Dubai government opened the real estate market to international investors and allowed them to own property on freehold rights. According to the founder of the company Hussain Sajwani, the mission of DAMAC is to transform the UAE into a global center of trade, hospitality and lifestyle.
DAMAC Properties is one of the leading developers of premium residential, commercial and entertainment projects in the world. The company received the title of “The Best Golf Development in the World”, due to its DAMAC Hills golf community project, which was built around the 18-hole Trump International Golf Club. And in September 2021, the Trump Golf Club became the winner of the “Travelers’ Award Choice”, which indicates the development of the UAE as a tourist center and attraction for foreign investors in the country.