DAMAC Properties - About the company
DAMAC Properties is an unfunded company based in Dubai (United Arab Emirates), founded in 2002 by Hussain Sajwani. It operates as a Real estate development firm focused on skyscrapers, communities and branded residences. DAMAC Properties has not raised any funding yet. The company has 471 active competitors, including 3 funded and 7 that have exited. Its top competitors include companies like Oberoi Realty, Nakheel and Tribeca.
Company Details
Key Metrics
Founded Year
2002
Location
Dubai, United Arab Emirates
Stage
Unfunded
Ranked
8th among 471 active competitors
Employee Count
4,137 as on Jul 01, 2024
Investment & Acquisitions
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DAMAC Properties's funding and investors
DAMAC Properties has not raised any funding rounds yet.
DAMAC Properties' founders and board of directors
Founder? Claim ProfileThe founders of DAMAC Properties is Hussain Sajwani. Aman Gusain is the CEO of DAMAC Properties.
Here are the details of DAMAC Properties' key team members:
- Hussain Sajwani: Founder of DAMAC Properties and founder of 2 other companies, DAMAC Group and DICO Group. Contact Info: 1 email address
- Aman Gusain: CEO of DAMAC Properties.
View details of DAMAC Properties's Founder profiles and Board Members
DAMAC Properties' employee count trend
DAMAC Properties has 4,137 employees as of Jul 24. Here is DAMAC Properties's employee count trend over the years:
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DAMAC Properties's Competitors and alternates
Top competitors of DAMAC Properties include Oberoi Realty, Nakheel and Tribeca. Here is the list of Top 10 competitors of DAMAC Properties, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Oberoi Realty 1980, Mumbai (India), Public | Provider of premium residential building development services | $152M | 67/100 | |
2nd | Nakheel 2003, Dubai (United Arab Emirates), Funding Raised | Developer of luxury residential houses | - | 55/100 | |
3rd | Developer of luxury residential and commercial real estate properties | - | 51/100 | ||
4th | Provider of luxury residential & commercial property development services | - | - | 46/100 | |
5th | Developer of residential and commercial properties with a focus on conscious luxury | $41.5M | 44/100 | ||
6th | Pontiac Land Group 1961, Singapore (Singapore), Unfunded | Developer of luxury residential, commercial, and hospitality properties. This entity develops and manages a portfolio encompassing high-end residential buildings, significant commercial spaces, and luxury hotels. Its projects are characterized by sophisticated design and prime locations. The company also provides property management and concierge services for its developments. Architectural collaborations with renowned firms are a hallmark of its approach. | - | - | 44/100 |
7th | Trehan IRIS 2020, Gurugram (India), Unfunded | Real estate group offering residential, commercial, and retail projects | - | - | 44/100 |
8th | DAMAC Properties 2002, Dubai (United Arab Emirates), Unfunded | Real estate development firm focused on skyscrapers, communities and branded residences | - | - | 43/100 |
9th | Weiss Entities 1942, Chicago (United States), Unfunded | Developer of luxury residential & commercial properties | - | - | 41/100 |
10th | Woodmont Properties 1963, Fairfield (United States), Unfunded | Developer of luxury residential & commercial properties | - | - | 41/100 |
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DAMAC Properties's Investments and acquisitions
DAMAC Properties has acquired De Grisogono. DAMAC Properties has not made any investments as of now.News related to DAMAC Properties
Media has covered DAMAC Properties for a total of 22 events in the last 1 year, 16 of them have been about company updates and 3 about partnerships.
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DAMAC launches final 600 apartments at DAMAC Hills’ DAMAC District in DubaiGulf News•Apr 14, 2026•DAMAC Properties
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DAMAC Records Dh3.12 Billion in March Sales as Q1 Property Activity SurgesGulf News•Apr 06, 2026•DAMAC Properties
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DAMAC Properties Unveils New Offerings in the DAMAC Lagoons DistrictMEConstructionNews.com•Feb 03, 2026•DAMAC Properties
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Parkin-DAMAC agreement: Company to operate 3,600 spaces across prime UAE communitiesGulf Business•Dec 12, 2025•Park'IN, DAMAC Properties
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DAMAC eyes Indian investors with Dubai real estate's capital appreciation, rental yieldsNew Indian Express•Nov 30, 2025•DAMAC Properties
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DAMAC Set Up Global Capability Center in Noida, To Hire Over 250 EmployeesIndiatimes•Nov 24, 2025•DAMAC Properties
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DAMAC Islands 2 launches in Dubai with Ranbir Kapoor and Alia BhattHotelierIndia•Nov 16, 2025•DAMAC Properties
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DAMAC Properties completes US $272mn Cavalli TowerMEConstructionNews.com•Nov 07, 2025•DAMAC Properties
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