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A World of Luxury

DAMAC Properties

The DAMAC Group of Companies established its property development division with the formation of DAMAC Properties in 2002, which has since grown and expanded to become a globally recognised brand. DAMAC Properties strives to set new standards for design, craftsmanship and inspired lifestyle.

Hussain Sajwani

Founder
The Vision

A World of Luxury

From world-class master communities and luxurious residential towers to expansive master-planned developments and exclusive island resort residences, DAMAC Properties is renowned for creating projects that blend innovative design with exceptional amenities, offering an unparalleled living experience in prime locations around the globe.
Leadership

The Minds Behind Azizi Developments

Hussain Sajwani

Founder

Ali Sajwani

Managing Director

Amira Sajwani

Managing Director

Abbas Sajwani

Board Member

Sofya Khatib

Group Director
History & Milestones
A Legacy of Excellence

2002

DAMAC Properties Establishment

DAMAC Properties is established following the introduction of freehold ownership rights for expatriate owners in Dubai.

2004

International Expansion

DAMAC undergoes expansion with the introduction of international sales offices.

2006

20 Projects in MENA

Total number of DAMAC projects under development hits 20 across the Middle East.

2011

4,072 Units Delivered

DAMAC completes 4,072 units in 2011, more than any other UAE developer.

2013

DAMAC Hills

DAMAC Properties announces its first master community.

2014

DAMAC Hills 2

Announced its second master community, a 55 million square foot lush green community in Dubai.

2018

Roberto Cavalli Acquisition

The DAMAC Group acquires Italian fashion house Roberto Cavalli.

2021

Cavalli Tower and DAMAC Lagoons/h4>

Launched Cavalli Tower, an ultra-luxurious 70-storey tower, and DAMAC Lagoons, the third master community in Dubai.

2024

A Guinness World Record

DAMAC Islands generated AED 10.2 billion in sales in under 24 hours, earning a Guinness World Record for the highest revenue from a real estate launch in a single day.

2025

New Era, Record Sales

AED 36 billion in sales, ranking first among Dubai's private developers. DAMAC Islands 2 sold AED 11 billion in just five hours, and Chelsea Residences launched in partnership with Chelsea Football Club.

Global Alliances
World-Class Partnerships
Versace Home

Iconic brand collaboration reflecting luxury within a unified ecosystem.

Roberto Cavalli

Exclusive partnership with the renowned Italian fashion house.

de GRISOGONO

Curated collaboration featuring exclusive designs.

Paramount Hotels & Resorts

Partnership for luxury hotel and residential developments. 

Featured Projects by Binghatti