The History and Success of DAMAC Properties

DAMAC, a property development company based in Dubai is now rated as one of the most successful real estate development companies in the world. Owned by the Hussain Sajwani family, DAMAC was founded in 2002, and was placed under the umbrella of the organization that was started by Sajwani in 1992.

Within the last few years, Sajwani has had the pleasure of watching his company get listed on the home market exchange in Dubai. Having a company listed on the Dubai Financial Markets is the same as having a company publicly traded on the New York State Exchange (NYSE). The London Stock Exchange, also a prestigious place to be listed, listed the company in 2013, one of the first to be listed in the Middle East.

The Damac owner, is now proud to announce that his company has been listed as an award-winning organization, all in residential, commercial, and mixed-use properties as well. Focused on releasing new developments the Dubai company has been climbing closer to their million dollar goal.

With their offices spanning across Dubai, Qatar, Abu Dhabi, and the entire Kingdom of Saudi Arabia, the company has experienced tremendous growth in the last three years. While the desert kingdom continues to focus its efforts on residential and commercial properties, DAMAC has also placed a hand in the recreational type properties and events as well.

Building luxury properties and developments is not only popular among the wealthiest developers, but those who desire to continue to build relationships like Hussain Sajwani and Donald Trump. The latest developments that are focused on a luxury lifestyle include DAMAC Hills, the Trump International Golf Club Dubai, Akoya Oxygen, Aykon City, and Aykon One as well.

Today, DAMAC is currently focusing efforts on building partnerships with big name brands like Fendi, Versace Home, and many more to go along with their newer developments.

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