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Dubai Construction Companies

Damac Properties LLC

Property Development

Damac Properties is a construction-related company operating in Dubai.

Key information
Services offered
Property Development
Year founded
1982

Damac ended 2016 with $1bn (AED3.7bn) net profit and a 5% increase in total assets, up to $6.7bn (AED24.6bn) from $6.3bn (AED23.5bn) in 2015. In the first half of 2017 it recorded $435.5m (AED1.6bn) net profit.

Between August 2016 and July 2017 Damac completed Damac Tower in Beirut, a $236m (AED 866.9m) project; and the $120m (AED440.8m) Damac Maison Bay’s Edge.

During the same period Damac completed several clusters of villas and apartments with a value of $1.9bn (AED7bn) at the 3.9 million square-metre Damac Hills development.

Damac Properties In the news

DAMAC and de GRISOGONO launch Safa Two tower
ME Construction News, 16th Jun 2022
Damac launches Safa One - in pictures
The National, 24th Mar 2022
Damac announces second Paramount Hotel in Dubai
ME Construction News, 19th Jan 2022
Damac concludes foundation works on Zada Tower
Construction Business News, 4th Jan 2021
DAMAC Properties reports $32.7m loss for Q1 20
Construction Week, 30th May 2020
Dubai developer calls for property supply freeze
Arabian Business, 28th Oct 2019
DAMAC Welcomes the First Residents of AKOYA
Construction Business News, 2nd Jul 2019
DAMAC awards contracts worth Dh430m
Emirates 24|7, 25th Apr 2019
Behind the scenes: Akoya by Damac
Construction Business News, 7th Aug 2015
Damac buyer wins payout in court drama
Arabian Business, 29th Aug 2011
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Damac Properties Dubai Projects

Damac Properties is associated with the following real estate projects in Dubai:

Al Sofouh DIC Tower
Dubai Media City
fiber_manual_recordUnder development (On hold)
Amora Building A
Amora
fiber_manual_recordComplete
Amora Building B
Amora
fiber_manual_recordComplete
Amora Building C
Amora
fiber_manual_recordComplete
Amora Building D
Amora
fiber_manual_recordComplete
Damac Bay by Cavalli
Dubai Harbour
fiber_manual_recordPlanned
Damac Business Tower
Business Bay
fiber_manual_recordComplete
Damac Maison Royale The Distinction
Downtown Dubai
fiber_manual_recordComplete
Damac Westside
Arjan
fiber_manual_recordComplete
Elegance Tower
Downtown Dubai
fiber_manual_recordPlanned
Emirates Gardens 1 Gardenia
JVC District 12
fiber_manual_recordComplete
Emirates Gardens 1 Lavender
JVC District 12
fiber_manual_recordComplete
Emirates Gardens 1 Rose
JVC District 12
fiber_manual_recordComplete
Emirates Gardens 2 Magnolia
JVC District 14
fiber_manual_recordComplete
Emirates Gardens 2 Maple
JVC District 14
fiber_manual_recordComplete
Emirates Gardens 2 Mulberry
JVC District 14
fiber_manual_recordComplete
Executive Heights
Barsha Heights
fiber_manual_recordComplete
Fairway Heights
Jumeirah Village Triangle
fiber_manual_recordEnvisioned
Fiora
Damac Hills 2
fiber_manual_recordUnder development
Golf Promenade 1
Golf Town
fiber_manual_recordUnder development
Golf Promenade 2
Golf Town
fiber_manual_recordComplete
Golf Promenade 3
Golf Town
fiber_manual_recordComplete
Golf Promenade 4
Golf Town
fiber_manual_recordComplete
Golf Promenade 5
Golf Town
fiber_manual_recordComplete
Green Court
JVC District 13
fiber_manual_recordUnder development (Cancelled)
Lago Vista
Dubai Production City
fiber_manual_recordComplete
Lake Terrace
JLT Cluster D
fiber_manual_recordComplete
Lake View
JLT Cluster B
fiber_manual_recordComplete
La Residence At The Lotus
Business Bay
fiber_manual_recordUnder development (Cancelled)
Lilac at Akoya
Damac Hills
fiber_manual_recordEnvisioned
Lincoln Park A
Arjan
fiber_manual_recordComplete
Loretto 2
Damac Hills
fiber_manual_recordComplete
Loretto 3
Damac Hills
fiber_manual_recordComplete
Marina Terrace
Dubai Marina
fiber_manual_recordComplete
Ocean Heights
Dubai Marina
fiber_manual_recordComplete
Paramount Hotel Maritime City
Maritime City
fiber_manual_recordEnvisioned
Park Towers
Dubai International Financial Centre
fiber_manual_recordComplete
Radisson Dubai Damac Hills
Damac Hills
fiber_manual_recordComplete
Smart Heights
Barsha Heights
fiber_manual_recordComplete
The Crescent
Dubai Production City
fiber_manual_recordComplete
The Waves
Dubai Marina
fiber_manual_recordComplete
Tuscan Residences Arezzo
JVC District 10
fiber_manual_recordComplete
Tuscan Residences Florence
JVC District 10
fiber_manual_recordComplete
Tuscan Residences Sienna
JVC District 10
fiber_manual_recordComplete
XL Tower
Business Bay
fiber_manual_recordComplete
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