- DAMAC

Dubai Financial Market (United Arab Emirates)
 
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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.

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

    Sofyan Al-Khatib

    Yahya I. Nooruddeen

  • Auditors:

    Deloitte & Touche

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
DAMAC opens final tower at Chelsea Residences (Khaleej Times - 17/07/2026)

DAMAC Properties has launched the sixth and final tower of Chelsea Residences by DAMAC in Dubai Maritime ...

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DAMAC records Dh3.12 billion in March sales as Q1 property activity surges (Gulfnews - 07/04/2026)

Dubai's property market closed March with a clear leader, with DAMAC Properties topping sales activity ...

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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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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
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 21,476.67 11.06 0.36 -26.29 4.04 1.79 0 1.47 5.88 13.37
ALDAR 16,351.19 7.67 0.39 -21.72 6.26 2.57 3.91 0.94 7.33 11.3
EMAARDEV 14,197.95 12.96 -0.62 -13.07 3.34 6.32 0 0.77 12.3 31.37
MASAR 6,974.04 18.2 0.05 -20.5 30.86 0 0 0 0 0
ERES 5,922.65 0.82 0 -31.67 117.14 0.07 4.63 1.51 3.44 5.62
DARALARKAN 5,908.94 20.51 -0.1 4.74 18.71 1.11 0 1.08 1.02 1.47
JABALOMAR 5,792.65 18.79 2 -1.13 12.32 1.6 0 0.9 2.5 5.82
TECOM 4,641.01 3.4 -0.3 2.4 7.92 0 0 0 0 0
DUBAIRESI 4,387.86 1.26 1.61 -12.06 5.34 0 0 0 0 0
MABANEE 4,384.63 968 -0.72 4.93 21.53 0 1.32 0.19 6.43 13.18
MCDC 4,168.06 79.5 1.66 0.9 30.39 1.62 0 0.57 3.52 3.74
BRES 2,415.86 2.3 0.87 -18.57 7.15 0.05 7.53 1.17 4.53 7.2
CENOMICENTERS 2,020.34 16.28 2 -22.52 6.5 0 0 0 0 0
KEC 1,637.57 18.07 -0.23 42.6 -191.44 1.93 0 1.15 -0.14 -0.14
ALAKARIA 1,597 16.01 0.18 -12.44 7.81 0.57 0 1.07 1.26 2.55
EMAAREC 1,348.47 9.81 1.44 -23.38 -189.98 1.15 0 1.03 -0.9 -1.95
RETAL 1,323.17 10.04 1.1 -27.41 22.51 0 0 0 0 0
TAIBA 1,273.01 18.28 -0.33 -3.26 28.39 0.74 0 0.62 5.24 6.13
URC 1,220.1 270 0 56.32 93.81 0 8.39 0.17 0.7 2.18
DEYAAR 1,163.85 0.74 0 -28.85 4.97 0.88 0 1.25 2 2.61
ALTIJARIA 1,096.46 188 0.53 -3.11 17.41 0 5.92 0.18 3.5 6.32
NRE 977.42 144 2.12 70.67 -2.34 0 0 0.39 3.19 7.88
ARDCO 971.3 15.72 0.89 -52.41 12.26 1.16 0 0.76 6.14 9.23
KRE 956.48 327 2.18 -10.56 12.51 0 0 0.33 1.73 3.25
RAKPROP 873.76 1.08 0.93 -31.85 10.02 0.56 8.33 0.77 3.34 4.48
SRE 781 394 0 -1.98 33.13 0 5.86 0.08 5.24 10.86
UDCD 742.42 0.76 -1.3 -25.24 7.14 0.03 8.5 0.74 3.33 5.58
ANAN 736.54 1.17 0 -71.25 25.88 0 0 0 0 0
UPP 653.86 0.57 1.78 -33.33 5.15 0.8 0 1.14 -40.05 -80.97
ALRAMZRE 581.35 50.8 -0.2 0 7.2 0 0 0 0 0
ALRAJHIREIT 574.37 7.91 1.15 -4.28 14.62 0 0 0.16 0 0
TAM 540.1 408 -1.45 6.49 5.82 0 3.82 0.05 1.54 5.28
ALMAJDIAH 521.27 6.51 -0.16 0 14.2 0 0 0 0 0
JADWAREITSAUDI 488.6 9.88 0.5 -3.53 0 0 0 0.31 0 0
BONYANREIT 425.4 9.85 0.51 7.1 15.39 0 0 0.33 0 0
ESHRAQ 394.7 0.55 1.85 -1.82 14.84 0.57 0 0.7 -26.82 -27.33
AMCREIT 365.84 1.12 0 -36 14.05 2.98 0 0 5.42 11.86
ALANDALUS 365.14 14.66 -0.14 -21.03 173.93 1.04 0 0.99 10.22 12.88
SEDCOCAPITALREIT 358.71 7.25 0.69 8.76 16.99 0 0 0.33 0 0
ARKAN 355.55 359 6.52 55.36 38.97 0 10.11 0.1 6.41 10.54
SUMOU 340.05 25.78 1.01 -34.12 8.93 0 0 0 0 0
LADUN 313.14 2.36 0.42 -23.95 0 0 0 0 0 0
ALAHLIREIT1 249.18 6.92 1.76 -2.3 44.44 0 0 0.28 0 0
AAYANRE 246.83 190 3.26 72.38 17.03 0 10.49 0.26 2.33 3.66
MUNSHAAT 246.16 228 -0.44 9.39 5.5 0 0 0.43 -4.43 -9.15
MANAZEL 240.62 0.34 0 0 0 0 0 0 0 0
RIYADREIT 218.26 4.83 1.25 -9.83 -60.84 0 0 0 0 0
INMAR 217.78 20.39 -0.2 -18.61 9.14 0 0 0 0 0
ALINMAHOSPITALITYREI 213.93 7.88 0.12 -2.72 16.4 0 0 0 0 0
ALKHABEERREIT 211.19 5.62 0 -0.53 21.15 0 0 0 0 0
ARABREC 210.24 160 -3.04 -13.54 -112.03 0 0 0.46 -3.97 -11.07
AREEC 205.9 306 0 5.63 10 0 3.47 0.09 1.87 2.09
REDSEA 187.49 23.73 1.97 -46.31 -19 1.64 0 1.02 0.37 0.57
MSGA 177.67 6.5 8.33 0 0 0 0 0 0 0
INJAZZAT 171.24 150 1.35 -10.12 17.35 0 6.43 0.13 3.58 6.26
TIJARA 169.96 124 -4.62 73.7 25.01 0 5.27 0.19 0.82 1.39
FIRSTAVENUE 163.9 3 0 -44.49 5.64 0 0 0 0 0
BANAN 158.83 3.03 1.67 -38.68 13.97 0 0 0 0 0
SEEF 157.9 0.13 0 8.33 10.92 0.39 5.83 0.26 7.26 8.37
MRDS 149.77 0.55 0 -15.38 15.54 0.04 0 0.96 0.81 1.24
DERAYAHREIT 148.98 5.26 1.15 -5.28 64.04 0 0 0.18 0 0
SOKOUK 144.79 78.4 1.16 5.61 5.82 0 0 0.5 -3.86 -5.61
ALINMARETAILREIT 144.34 4.6 0.21 1.55 -25.79 0 0 0 0 0
KBT 144.31 78 0.25 -30.98 14.85 0 10 0.33 5.08 5.61
ALMAATHERREIT 143.6 8.82 0.45 -2.88 15.84 0 0 0.35 0 0
ERESCO 140.31 123 0.81 41.86 13.7 0 0 0.24 -9.1 -14.64
TALEEMREIT 140.13 10.48 1.64 7.51 15.59 0 0 0.51 0 0
ADEER 132.45 101 1.6 -6.23 4.81 0 0 0 0 0
MAZAYA 127.4 77 0 3.37 -121.34 0 6.69 0.3 4.42 9.5
MULKIAREIT 123.61 4.48 0.22 -4.08 -16.36 0 0 0.2 0 0
KICO 122.9 4.09 -4.89 -37.68 -413.46 1.43 0 0.1 9.96 0
SANAM 117.92 336 3.7 75.27 15.27 0 0 0.22 -1.99 -2.01
ALISTITHMARREIT 110.28 6.81 -0.44 -18.96 0 0 0 0 0 0
THURAYA 109.11 225 -2.6 20.74 211.81 0 0 0 -10.43 -17.77
BHMCAPITAL 107.79 0.98 -1.02 -11.75 8.59 0 0 0 0 0
ARGAN 107.12 110 -0.91 7.69 -5.71 0 6.23 0.09 3.39 6.35
INOVEST.KW 95.47 101 4.23 -2.64 0 0 0 0.27 0 0
JADWAREITALHARAMAIN 87.24 4.97 0.2 -5.34 0 0 0 0 0 0
MARAKEZ 85.13 186 0 -86.5 9.39 0 0 0.22 0.06 0.08
MAZAYA.DFM 82.19 0.81 0 -7.95 0 0 0 -0.11 0 0
MUSHARAKAREIT 79.97 3.44 0.87 -19.58 -2.73 0 0 0.3 0 0
MASHAER 73.68 137 -4.2 29.63 12.07 0 14.42 0.66 4.71 6.19
AQAR 73.57 102 0 -10.71 16.32 0 7.89 0.03 6.19 6.89
ALAZIZIAHREIT 71.09 4.65 -0.22 10.69 -287.65 0 0 0 0 0
OSOS 69.51 190 -1.05 4.86 8.79 0 6.08 0.17 -6.35 -10.1
MEFICREIT 64.44 3.31 0.3 -12 673.47 0 0 1.27 0 0
HAWYIA 63.96 12 0 -4 8.49 0 0 0 0 0
HAMADBINSAEDAN 60.5 8.14 1.24 0 40.85 0 0 0 0 0
MENA 51.25 113 0 -5.79 -83.63 0 0 0.38 -2.38 -3.06
ASASMAKEEN 50.24 18.2 -3.45 -50.39 3.71 0 0 0 0 0
ALWAHAREIT 49.1 9.31 0 -13.8 13.38 0 0 0 0 0
ARAM 43.6 2 -1.48 26.88 13.29 0 0 0 0 0
SAHS 42.34 2.8 0 0 8.26 0.81 0 -0.07 9.47 12.41
ALAQARIA 38.82 63 -1.1 2.28 3.9 0 0 0.33 0.24 0.7
ALJAZIRAREIT 35.06 11.14 -0.09 -16.92 0 0 0 0.75 0 0
EBRIT 31.37 0.06 0 0 19.35 0 0 0 0 0
CPARK 29.71 0.16 0 14.29 15.84 0.88 3.63 -0.07 6.17 6.38
SIHC 23.33 0.1 0 25 2.84 0.72 0 1.79 4.34 4.59
DALQANRE 22.58 104 0 -46.67 2.82 0 0 0 2.49 2.53
VIEW 21.63 2.46 0 -21.9 7.53 0 0 0 0 0
MASAKEN 17.87 55.4 0 0 -1.12 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
AJWAN 0 0 0 0 0 0 0 0 -0.47 -0.51
EFFECT 0 0 0 0 0 0 0 0 -5.7 -5.9