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DAMAC Properties
DAMAC Properties develops luxury residential, commercial and lifestyle communities in Dubai and international markets.
DAMAC Properties was incorporated in Dubai in 2002 by Hussain Sajwani. Its developments include DAMAC Hills, DAMAC Hills 2, DAMAC Lagoons, Chic Tower and Elegance Tower. In 2026 the company reported more than 50,000 homes handed over and major construction awards supporting its delivery pipeline. DAMAC became private again after its 2022 delisting from the Dubai Financial Market.
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