||A major contributor to this article appears to have a close connection with its subject. (October 2014)|
|Headquarters||Dubai, United Arab Emirates|
|Key people||Hussain Sajwani (Arabic: حسين علي سجواني,) (Chairman)|
|Products||Luxury Real Estate|
|Employees||circa 1,000 (2013)|
|Website||DAMAC Properties Official Webpage|
The company is part of the DAMAC Group. On 4 November 2013, DAMAC Properties announced a plan to raise around $500 million from a sale of global depository receipts on the London Stock Exchange, and then pulled out of the deal. On 3rd December 2013, DAMAC Properties became the first Real Estate Company from the Middle East region to list on the London Stock Exchange through a global depository receipts programme.
DAMAC Properties has released a residential development in Dubai known as AKOYA Oxygen. The company has a development portfolio of about 26,000 residential units. Other developments that have been led by DAMAC Properties include Ocean Heights in Dubai, and Park Towers in the Dubai International Financial Centre.
- "Dubai's DAMAC gets muted response for London share sale". Reuters. Retrieved Dec 17, 2013.
- "Damac says first Akoya Okygen homes sell out in record time", Arabian Business, by Andy Sambidge, 22nd August 2014
- "Reaching new heights", Arabian Business, by Sarah Blackman, 20th March 2014
- "Sharpoorji scores deal to build Park Towers for Damac", Arabian Business, by Christopher Sell, 30th December