- DAMAC

Dubai Financial Market (United Arab Emirates)
  
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At a Glance

Activities

DAMAC Properties is a sharia compliant real estate property investment, development and management company. A subsidiary of DAMAC group, DAMAC properties is a public joint stock company with its head office located in Dubai. Established in 2002, the company has served more than 19,000 customers with luxurious real estate listings across the entire Middle East region in countries like UAE, Saudi Arabia, Qatar, Jordan, Lebanon and even in UK.The company has 44,000 residential units at various development stages and offers hospitality services in more than 13,000 units of hotel rooms.DAMAC Properties started trading on the Dubai Financial Market in 2015. The company's projects include hospitality and serviced hotel apartments, residential apartments, hotels, villas, offices, and retail spaces. DAMAC invests in multi-million square feet golf course communities and hotel suites with limited edition living experiences from leading lifestyle brands like Versace, Fendi, Just Cavalli and Bugatti. The Company also invests in real estate development companies. Some of the projects under development by DAMAC properties include Just Cavalli Villas, DAMAC Towers and AYKON City. In 2016, DAMAC shares received a sharia compliance certificate from Dar Al Sharia. DAMAC is the only developer in the Middle East with its own in-house mortgage department. The company recently launched DAMAC Hills and Trump International Golf Club in Dubai. DAMAC Hotels & Resorts oversees the hospitality side of the business at Paramount Hotels & Resorts, DAMA Maison Royale & Resorts, DAMAC Maison Hotels & Resorts, DAMAC Maison de Ville Hotels & Resorts and AYKON Hotels & Resorts.

Board of Directors:

  • Chairman:
    Farooq M. Arjomand
  • Vice-chairman:
    Ali M. Binjab
  • Managing Director:
    Ali Sajwani
  • Board Members:

    Sofyan Al-Khatib

    Yahya I. Nooruddeen

  • Auditors:

    Deloitte & Touche

Senior Management

Chief Financial Officer (CFO)

Hitesh Dhoot

Managing Director

Amira Sajwani

Managing Director

Mohammed Tahaineh

Chief Human Capital Officer

M.P. John

Board Secretary

Ahmed Fiala

News

Damac's Safa One 'jewel tower' work 56pc completed (Trade Arabia - 31/03/2026)

Dubai master developer Damac has announced that work is in full swing on its Safa One development ...

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World Bank to Partner with Global Vaccine Group Gavi on $2 Billion in Funding (Asharq Al Awsat - 08/12/2025)

The World Bank Group said on Saturday it is working with global vaccine alliance Gavi to strengthen ...

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Damac offers a dream job for creators (Trade Arabia - 29/10/2025)

Damac Properties, the UAE's largest private luxury real estate developer with an extensive global ...

Read More ...

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Recent Profit / Loss Announcements

Announced On Period As Of Net Profit (SAR Mil) Growth (%)
14/08/2018 6-Month 30/06/2018 862 -45.62
15/05/2018 3-Month 31/03/2018 484 -45.04
14/02/2018 12-Month 31/12/2016 2,760 -25.3
18/10/2017 9-Month 30/09/2017 2,305 -18.83
14/08/2017 6-Month 30/06/2017 1,585 -18.17
Contact Details

Related GCC Companies (Real Estate)

Market Cap
US$ Mil		 Last Price
Local Cry		 Price Change (%)
1 Day		 Price Change (%)
1 Year		 P/E TTM P/B MRQ Dividend Yield (%) Beta ROA (%) ROE (%)
EMAAR 24,068.68 11.75 -4.86 -8.18 4.89 2.19 0 1.47 5.88 13.37
ALDAR 16,822.03 7.9 0 -4.73 7 3.31 3.91 0.94 7.33 11.3
EMAARDEV 15,460.96 13.5 -4.93 14.52 4.17 7.13 0 0.77 12.3 31.37
MASAR 6,441.11 17.1 1.78 -33.07 24.58 0 0 0 0 0
ERES 5,850.43 0.82 2.5 -17.35 188.37 0.1 4.63 1.51 3.44 5.62
DARALARKAN 5,189.39 17.97 -0.34 -16.91 17.17 0.98 0 1.08 1.02 1.47
JABALOMAR 4,997.03 15.76 -0.82 -38.29 7.84 1.65 0 0.9 2.5 5.82
MCDC 4,583.8 85.35 -0.76 -20.37 36.28 1.54 0 0.57 3.52 3.74
TECOM 4,409.64 3.23 0.93 6.58 7.77 0 0 0 0 0
MABANEE 4,302.25 936 -0.43 13.8 16.78 0 1.32 0.19 6.43 13.18
DUBAIRESI 3,998.62 1.14 1.78 -9.6 0 0 0 0 0 0
TAIBA 2,679.3 39.52 2.38 -17.26 27.71 1.62 0 0.62 5.24 6.13
BRES 2,458.24 2.39 3.01 -12.12 7.28 0.06 7.53 1.17 4.53 7.2
CENOMICENTERS 2,159.58 17 -0.36 -16.78 5.22 0 0 0 0 0
RETAL 1,821.53 14.08 2.99 -23.2 21.06 0 0 0 0 0
EMAAREC 1,642.71 10.88 -7.65 -17.74 -1,154.9 1.39 0 1.03 -0.9 -1.95
ALAKARIA 1,329.17 13.45 1.12 -44.58 8.5 0.46 0 1.07 1.26 2.55
DEYAAR 1,273.94 0.81 1.25 -11.96 5.89 1.18 0 1.25 2 2.61
ARDCO 1,168.92 18.83 0.42 -44.53 14.82 2.16 0 0.76 6.14 9.23
URC 1,166.28 258 -0.77 44.44 75.36 0 8.39 0.17 0.7 2.18
ALTIJARIA 1,067.14 181 -0.55 13.61 19.46 0 5.92 0.18 3.5 6.32
KEC 1,048.91 11.56 -0.35 -17.73 -112.84 1.39 0 1.15 -0.14 -0.14
KRE 977.27 328 -0.31 -2.37 17.52 0 0 0.33 1.73 3.25
UDCD 848.48 0.88 0 -14.56 7.71 0.03 8.5 0.74 3.33 5.58
UPP 840.68 0.7 1.44 30.91 6.68 1.07 0 1.14 -40.05 -80.97
SRE 790.86 400 -0.25 -1.63 38.9 0 5.86 0.08 5.24 10.86
RAKPROP 767.6 0.94 -1.06 -29.32 6.97 0.79 8.33 0.77 3.34 4.48
ALMAJDIAH 693.17 8.57 -1.16 0 9.05 0 0 0 0 0
ANAN 648.41 1.04 2.97 -74.69 -54.79 0 0 0 0 0
ALRAMZRE 629.89 55.05 -0.19 0 7.97 0 0 0 0 0
ALRAJHIREIT 600.08 8.15 -0.25 -2.74 12.05 0 0 0.16 0 0
TAM 575.67 437 0 26.67 6.55 0 3.82 0.05 1.54 5.28
JADWAREITSAUDI 556.2 11.22 0.26 10.79 0 0 0 0.31 0 0
NRE 485.27 69.3 -1.71 -10.76 -3.79 0 0 0.39 3.19 7.88
BONYANREIT 416.71 9.66 0.62 2.13 18.16 0 0 0.33 0 0
ALANDALUS 389.52 15.43 -1.47 -33.53 -116.52 1.31 0 0.99 10.22 12.88
SUMOU 388.82 29.18 0 -37.85 10.81 0 0 0 0 0
SEDCOCAPITALREIT 359.21 7.22 0.13 -5.13 -173.73 0 0 0.33 0 0
LADUN 303.81 2.1 -2.78 -40.47 22.53 0 0 0 0 0
AMCREIT 303.78 0.93 0 -15.45 0 3.15 0 0 5.42 11.86
FIRSTAVENUE 300.48 5.57 2.95 -42.59 10.17 0 0 0 0 0
ARKAN 295.27 293 1.38 180.58 29.51 0 10.11 0.1 6.41 10.54
ESHRAQ 285.06 0.39 0 -2.5 -4.62 0.63 0 0.7 -26.82 -27.33
ARABREC 243.17 192 0 132.81 -169.6 0 0 0.46 -3.97 -11.07
ALAHLIREIT1 238.92 6.53 0.15 -8.43 42.61 0 0 0.28 0 0
RIYADREIT 231.53 5.11 0.98 -18.78 0 0 0 0 0 0
ALINMAHOSPITALITYREI 218.83 8.06 0.12 -2.78 16.86 0 0 0 0 0
INMAR 216.82 20 -0.6 -29.86 9.1 0 0 0 0 0
ALKHABEERREIT 212.32 5.66 0.17 -2.92 26.82 0 0 0 0 0
AREEC 212.08 309 0 -0.32 10.14 0 3.47 0.09 1.87 2.09
MUNSHAAT 199.68 191 1.05 25.17 6.59 0 0 0.43 -4.43 -9.15
AAYANRE 197.74 145 0 63.29 13.9 0 10.49 0.26 2.33 3.66
ASASMAKEEN 189.22 70 0 -25.11 0 0 0 0 0 0
BANAN 186.02 3.45 -1.15 -41.34 15.08 0 0 0 0 0
REDSEA 175.25 22.15 1.83 -47.59 -19.08 2.95 0 1.02 0.37 0.57
INJAZZAT 170.11 145 -3.34 42.86 21.25 0 6.43 0.13 3.58 6.26
MANAZEL 169.85 0.24 0 -29.41 9.27 0 0 0 0 0
KICO 157.2 5.5 0 31.26 124.43 1.98 0 0.1 9.96 0
THURAYA 154.77 355 10.24 209.62 185.72 0 0 0 -10.43 -17.77
DERAYAHREIT 148.7 5.19 0 -8.3 57.03 0 0 0.18 0 0
MRDS 147.04 0.54 0 -5.26 9.98 0.04 0 0.96 0.81 1.24
ALINMARETAILREIT 145.6 4.64 0.21 0 6.99 0 0 0 0 0
ALMAATHERREIT 145.56 8.91 0.11 -5.92 14.23 0 0 0.35 0 0
TALEEMREIT 139.58 10.23 -0.39 2.09 0 0 0 0.51 0 0
KBT 139.46 74.5 -0.27 -34.71 12.62 0 10 0.33 5.08 5.61
SEEF 133.6 0.11 0 -15.38 8.87 0.39 5.83 0.26 7.26 8.37
MULKIAREIT 124.99 4.52 0 -9.6 -297.37 0 0 0.2 0 0
ALISTITHMARREIT 122.86 7.61 -0.14 20 0 0 0 0 0 0
SOKOUK 121.72 64.9 0 15.69 8.56 0 0 0.5 -3.86 -5.61
ADEER 119.53 88.15 -0.4 0 4.34 0 0 0 0 0
MAZAYA 118.42 70.2 -1.41 3.79 20.85 0 6.69 0.3 4.42 9.5
BHMCAPITAL 105.61 1.02 0 -41.92 9.01 0 0 0 0 0
TIJARA 99.42 81.9 0 14.87 13.47 0 5.27 0.19 0.82 1.39
ERESCO 99.02 81.6 -5.23 12.4 14.62 0 0 0.24 -9.1 -14.64
MUSHARAKAREIT 97.56 4.08 -1.93 -6.73 -17.86 0 0 0.3 0 0
MAZAYA.DFM 92.34 0.9 0 9.64 0 0 0 -0.11 0 0
ARGAN 91.53 100.3 4.8 7.86 -4.71 0 6.23 0.09 3.39 6.35
INOVEST.KW 89.21 88 -1.9 -0.66 0 0 0 0.27 0 0
JADWAREITALHARAMAIN 85.13 4.86 0.41 -22.44 0 0 0 0 0 0
ALAZIZIAHREIT 84.36 5.46 -1.27 44.01 -25.73 0 0 0 0 0
MARAKEZ 84.22 187 1.08 208.33 6.61 0 0 0.22 0.06 0.08
HAWYIA 74.62 14.2 1.42 0 9.91 0 0 0 0 0
SANAM 74.52 206 0 1.55 12.85 0 0 0.22 -1.99 -2.01
MEFICREIT 70.11 3.57 -0.56 -8.88 18.32 0 0 1.27 0 0
OSOS 66.64 186 0 43.08 5.51 0 6.08 0.17 -6.35 -10.1
AQAR 62.53 83 -2.36 3.66 10.74 0 7.89 0.03 6.19 6.89
ARAM 55.63 2.59 0 57.93 15.51 0 0 0 0 0
MASHAER 50.42 97 1.25 20.2 9.83 0 14.42 0.66 4.71 6.19
ALWAHAREIT 49.58 9.44 0.1 -19.52 15.45 0 0 0 0 0
HAMADBINSAEDAN 45.75 5.9 -1.67 0 0 0 0 0 0 0
MENA 44.73 98.8 -0.71 -22.27 71.34 0 0 0.38 -2.38 -3.06
SAHS 42.34 2.8 0 0 8.15 0.81 0 -0.07 9.47 12.41
ALJAZIRAREIT 35.06 11.27 1.07 -22.57 0 0 0 0.75 0 0
CPARK 31.56 0.17 0 41.67 16.04 0.93 3.63 -0.07 6.17 6.38
EBRIT 31.37 0.06 0 0 17.14 0 0 0 0 0
ALAQARIA 30.8 47.4 -5.02 42.57 4.58 0 0 0.33 0.24 0.7
SIHC 25.66 0.11 0 57.14 9.73 0.65 0 1.79 4.34 4.59
DALQANRE 22.58 104 0 -52.33 2.82 0 0 0 2.49 2.53
VIEW 21.9 2.54 1.6 -27.83 7.62 0 0 0 0 0
MASAKEN 17.87 55.4 0 43.9 -1.09 0 0 0 -6.27 -13.12
ALSHAMEL 0 0 0 0 0 0 0 0 -3.73 -4.47
FLE 0 0 0 0 0 0 0 0 -4.14 -5.59
EFFECT 0 0 0 0 0 0 0 0 -5.7 -5.9
AJWAN 0 0 0 0 0 0 0 0 -0.47 -0.51
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