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Since its establishment in 1982, DAMAC Properties, a part of the DAMAC Group, has been a pioneer in the luxury real estate market in the Middle East. Founded by Hussain Sajwani, the company has shaped the region's landscape with its iconic residential, commercial, and leisure properties. DAMAC's journey is strategically aligned with the UAE's evolution into a global trade, hospitality, and lifestyle hub.
2002 was a pivotal moment for DAMAC when Dubai's leadership opened the real estate market to international investors, allowing freehold ownership. Seizing this opportunity, DAMAC Properties was incorporated the same year and swiftly acquired land for its first project in the Dubai Marina area. This bold move marked the beginning of DAMAC's rise to becoming a symbol of luxury and innovation in Dubai real estate.
DAMAC Properties is renowned for its dedication to excellence, consistently delivering projects that set new benchmarks in design, craftsmanship, and lifestyle. The company's portfolio includes some of the most prestigious developments in the region. For instance, DAMAC Hills, a luxurious residential community, that offers contemporary living with a range of world-class amenities, including the Trump International Golf Club Dubai. This project exemplifies DAMAC's commitment to creating integrated communities that offer an unparalleled living experience.
DAMAC Hills 2, previously known as AKOYA, is another testament to the company's innovative approach. This master-planned community features expansive green spaces, water attractions, and a wide range of recreational facilities, embodying a lifestyle of luxury and comfort.
Joining the list of these landmark projects, DAMAC Lagoons stands out as a unique residential development. Inspired by the world's most beautiful waterfront destinations, DAMAC Lagoons is designed to offer residents a serene escape from the bustle of city life. The project boasts artificial lagoons, white sandy beaches, and a variety of leisure amenities, ensuring a truly idyllic living environment.
Beyond its remarkable projects, DAMAC Properties is also committed to corporate social responsibility. The Hussain Sajwani – DAMAC Foundation embodies the company's ethos of giving back to the community. Through its various initiatives, the foundation addresses urgent needs, alleviates hardships, and promotes sustainable development by equipping individuals with essential skills and knowledge.
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