For almost 20 years, the DAMAC Properties developer has been in charge of overseeing the construction of key real estate developments in the Middle East. The business creates the market for luxury real estate and develops shopping malls and leisure facilities in the United Arab Emirates, Jordan, Saudi Arabia, Qatar, Turkey, Lebanon, and the United Kingdom. By June 30, 2021, DAMAC Properties will have finished more than 35,000 projects, and another 30,000 are now under construction.

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When the Dubai government opened up the real estate market to foreign investors and permitted them to buy property on freehold rights, the company was created in 2002. The goal of DAMAC, according to the company’s founder Hussain Sajwani, is to make the UAE a major international hub for trade, hospitality, and lifestyle.