Damac Properties
is a leading Dubai freehold real estate company that has been referred to be the largest privately owned developer in Dubai. It is a member of the Dubai-based Damac Group (Damac Holding), that was setup in 1982.
Damac Properties' portfolio of
real estate projects has been focused on residential towers in the Dubai Marina (Ocean Heights, Marina Terrace, The Waves), Palm Islands (Palm Springs, Palm Terrace), Jumeirah Lake Towers (Lake View, Lake Terrace), International Media Production Zone [IMPZ] (The Crescent, Lago Vista), Dubai International Financial Centre [DIFC] (Park Towers) and the Discover Gardens (Terra
Del Sol 1 & 2). Its list of commercial towers can be found in the Technology, Electronic Commerce and Media Free Zone [TECOM] (Executive Heights, Smart Heights) and the Dubai Business Bay (XL Tower, Business Tower). Damac has also developed non high-rise buildings in Jumeirah Village South (Emirates Gardens, Emirates Gardens 2) and also expanded its projects into Abu Dhabi with the Dolphon Towers and the Oceanscape.
Damac Properties, the largest private developer of luxury real estate in the Middle East, has announced the launch of the first phase of sales for luxury villas within the ‘Akoya by Damac’, project - a 28 million square feet master development off Umm Suqeim Road in Dubai.
Damac Properties, the Middle East’s leading luxury private developer, has announced a comprehensive strategic plan to expand its operations to Iraq. The company, which has completed 37 buildings and has a further 66 currently under construction across sevens countries in the Middle East and North Africa, has begun work on Princess Tower – a 26-storey, luxury furnished apartment complex in the heart of the Iraqi capital, Baghdad.
Damac Properties has announced sales exceeding Dhs1bn in its Damac Towers by Paramount development, which is under construction in the Burj Khalifa area of Dubai.
DAMAC Properties, the largest private developer of luxury real estate in the Middle East, has announced plans to develop an 18-hole PGA Championship Golf Course, to be named Trump International Golf Club, Dubai.