Damac Properties – Daark Real Estate Company

Damac Properties

Damac Properties is a subsidiary of Damac Group, which has been active in the real estate sector since 1982. The company develops a wide range of projects, including residential, commercial, and leisure developments across key locations in the region.

Damac Properties is known for carefully selecting vibrant, high-potential areas for its projects, ensuring long-term value for property owners while contributing positively to the urban development of the cities in which it operates.

With a large and diverse portfolio that spans luxury skyscrapers, master-planned communities, and branded residences, the company has delivered approximately 47,000 high-quality homes to date, with around 33,000 additional units currently under development.

Message from the Founder | Hussain Sajwani

At DAMAC Properties, every detail has been carefully considered—a testament to the immense effort behind our work. As I’ve often said, DAMAC has become synonymous with iconic developments that redefine standards in design, craftsmanship, and inspired living.

This vision has been evident from the very beginning, starting in 2002 with the company’s founding and the launch of our first project in Dubai Marina. Since then, our journey of success has only grown, culminating in our latest groundbreaking developments.

Our commitment extends beyond real estate. We actively engage with our communities, addressing urgent needs while fostering the skills and knowledge essential for a sustainable and brighter future.

None of this would be possible without our dedicated employees, trusted partners, and supportive shareholders—each bringing valuable experience and a shared belief in our mission to create exceptional communities.

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Damac Properties Company

Board Members – DAMAC Properties

  • Founder & Chairman: Hussain Sajwani
  • Managing Director: Ali Sajwani
  • Managing Director: Amira Sajwani
  • Chief Financial Officer (CFO): Hitesh Dhoot
  • General Manager: Mohammed Tahaineh
  • Chief Human Capital Officer (CHCO): MP Jhoon

Awards of DAMAC Properties

DAMAC Properties has earned more than 100 prestigious international awards, reflecting its commitment to excellence in real estate development. Beyond recognition alone, the company has consistently selected prime locations and delivered outstanding interior and exterior designs.

Since its inception, DAMAC has proven to both itself and its competitors that it merits the reputation it has built. These awards vary in scope and significance and were received at different milestones throughout the company’s journey. Notable recognitions include:

  • Hussain Sajwani, Chairman and Founder of DAMAC, receiving the Lifetime Achievement Award
  • Inclusion of Hussain Sajwani in Construction Week Middle East – Power 100 List
  • Lifetime Achievement Award at the 11th Gulf Business Awards
  • Hussain Sajwani named among the CEO Middle East – Best Leaders
  • Receipt of ISO Certification and WELL Health and Safety Certification
  • Highly Commended for Excellence in FM Health & Safety – MEFMA 2023
  • Achievement of multiple ISO certifications, including ISO 9001, ISO 45001, ISO 14001, as well as Mark of Trust – Multi Certification and Mark of Trust – UKAS

DAMAC Properties Vision

Since its inception, DAMAC Properties has been driven by a clear and ambitious vision. From the very beginning, the company understood that achieving long-term goals requires time, dedication, and consistent progress. With every step forward, DAMAC has remained focused on what it aspires to become, translating its vision into tangible results. This commitment is reflected in the hard work and achievements demonstrated throughout its journey from 2002 to 2025.

DAMAC Properties Mission

The Hussain Sajwani–led DAMAC Group is committed to making a meaningful and lasting impact on the community. Through its projects and initiatives, the company actively supports charitable organizations and social foundations that contribute to improving economic and social conditions. DAMAC collaborates closely with numerous local and regional initiatives, reflecting its strong sense of social responsibility.

Notable collaborations and contributions include:

  • Dubai Schools
  • Billion Meals Campaign
  • 100 Million Meals Campaign
  • 10 Million Meals Initiative
  • Fresh Slate Initiative
  • Zayed Day for Humanitarian Action
  • Al Hadaf Center for People of Determination
  • Arab Hope Makers 2020
  • One Million Arab Coders
  • Dubai Cares
  • Emirates Red Crescent
  • Dubai Autism Centre
  • Dar Al Ber Society

 

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