- 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 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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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 ...

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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 21,047.91 11.7 8.33 -13.94 3.96 1.81 0 1.47 5.88 13.37
ALDAR 15,409.5 7.74 7.5 -7.69 6.14 2.68 3.91 0.94 7.33 11.3
EMAARDEV 14,263.28 14.14 7.93 5.22 3.55 6.57 0 0.77 12.3 31.37
MASAR 6,398.94 16.87 1.07 -24.14 27.64 0 0 0 0 0
ERES 6,211.56 0.87 1.16 -12.96 122.86 0.08 4.63 1.51 3.44 5.62
DARALARKAN 5,146.22 17.92 0.22 -4.39 16.3 1.01 0 1.08 1.02 1.47
MCDC 4,663.75 87.9 0.45 -0.57 35.99 1.71 0 0.57 3.52 3.74
JABALOMAR 4,638.52 14.93 1.22 -24.44 11.13 1.31 0 0.9 2.5 5.82
TECOM 4,518.52 3.31 -0.31 8.85 7.8 0 0 0 0 0
MABANEE 4,485.32 994 1.42 10.86 21.6 0 1.32 0.19 6.43 13.18
DUBAIRESI 4,352.48 1.24 0.81 -0.81 5.29 0 0 0 0 0
BRES 2,511.22 2.41 1.68 -10.67 7.44 0.05 7.53 1.17 4.53 7.2
CENOMICENTERS 2,129.2 17.07 1.48 -10.15 6.36 0 0 0 0 0
ALAKARIA 1,619.99 16.3 0.55 -15.57 7.92 0.57 0 1.07 1.26 2.55
RETAL 1,581.68 12.02 1.26 -15.09 18.83 0 0 0 0 0
EMAAREC 1,423.77 10.3 0.88 -18.19 -136.5 1.15 0 1.03 -0.9 -1.95
TAIBA 1,416.69 20.48 0.34 6.06 28.63 0.8 0 0.62 5.24 6.13
DEYAAR 1,242.49 0.82 3.79 -14.59 5.57 0.9 0 1.25 2 2.61
URC 1,211.13 260 -3.71 47.54 93.12 0 8.39 0.17 0.7 2.18
ALTIJARIA 1,202 208 1.46 8.47 19.09 0 5.92 0.18 3.5 6.32
ARDCO 1,142.12 18.44 0.65 -43.02 14.07 1.29 0 0.76 6.14 9.23
KRE 1,107.97 380 1.87 0.54 14.49 0 0 0.33 1.73 3.25
KEC 1,048.91 11.7 0.86 -5.84 -122.62 1.25 0 1.15 -0.14 -0.14
ANAN 881.33 1.41 0.71 -65.6 67.96 0 0 0 0 0
NRE 839.76 121 -0.82 53.07 -2.01 0 0 0.39 3.19 7.88
UDCD 829.19 0.87 1.16 -14 7.48 0.03 8.5 0.74 3.33 5.58
SRE 777.05 394 0 -1.5 32.96 0 5.86 0.08 5.24 10.86
UPP 770.62 0.68 3.03 6.11 6.04 0.86 0 1.14 -40.05 -80.97
RAKPROP 751.27 1.02 10.86 -25.81 7.33 0.51 8.33 0.77 3.34 4.48
ALRAMZRE 681.29 57.45 -3.69 0 8.43 0 0 0 0 0
ALRAJHIREIT 610.36 8.22 -1.09 1.34 15.54 0 0 0.16 0 0
ALMAJDIAH 589.23 7.37 0 0 10.51 0 0 0 0 0
TAM 565.13 419 -2.34 24.71 6.09 0 3.82 0.05 1.54 5.28
JADWAREITSAUDI 558.19 11.23 0 11.63 0 0 0 0.31 0 0
BONYANREIT 433.21 9.99 0.1 10.77 15.68 0 0 0.33 0 0
SUMOU 389.09 29.3 0.34 -21.4 9.85 0 0 0 0 0
SEDCOCAPITALREIT 387.6 7.85 0.89 16.82 18.35 0 0 0.33 0 0
FIRSTAVENUE 382.43 6.93 -1 -29.93 13.17 0 0 0 0 0
ALANDALUS 365.89 14.78 0.47 -29.35 -209.25 1.04 0 0.99 10.22 12.88
ESHRAQ 343.54 0.48 2.12 13.53 14.42 0.57 0 0.7 -26.82 -27.33
AMCREIT 339.71 1.04 0 -9.57 13.05 2.98 0 0 5.42 11.86
LADUN 335.79 2.6 3.17 -32.26 -22.74 0 0 0 0 0
ARKAN 286.08 286 2.14 141.38 0 0 10.11 0.1 6.41 10.54
AAYANRE 250.92 184 0 78.64 16.92 0 10.49 0.26 2.33 3.66
ALAHLIREIT1 235.99 6.44 0 -5.57 42.09 0 0 0.28 0 0
MANAZEL 233.55 0.32 -3.04 1.85 0 0 0 0 0 0
INMAR 233.45 22.6 3.19 -0.45 9.8 0 0 0 0 0
RIYADREIT 230.16 4.98 -1 -5.09 -64.16 0 0 0 0 0
ARABREC 229.24 188 3.86 113.65 -122.15 0 0 0.46 -3.97 -11.07
ALINMAHOSPITALITYREI 226.71 8.33 -0.12 2.33 17.38 0 0 0 0 0
MUNSHAAT 220.8 211 0.95 14.21 4.94 0 0 0.43 -4.43 -9.15
ALKHABEERREIT 215.7 5.74 0 2.5 21.6 0 0 0 0 0
AREEC 205.9 300 0 17.65 10.11 0 3.47 0.09 1.87 2.09
THURAYA 192.27 407 1.75 300.4 280.39 0 0 0 -10.43 -17.77
INJAZZAT 185.99 164 0 64 20.11 0 6.43 0.13 3.58 6.26
REDSEA 184.92 23.21 1.13 -38.64 -27.39 1.64 0 1.02 0.37 0.57
TIJARA 184.52 148 -2.64 131.71 26.23 0 5.27 0.19 0.82 1.39
BANAN 166.83 3.15 0.63 -25.48 13.56 0 0 0 0 0
DERAYAHREIT 159.3 5.54 -0.36 3.15 68.47 0 0 0.18 0 0
SOKOUK 158.67 86.3 2 47.13 6.37 0 0 0.5 -3.86 -5.61
SEEF 157.9 0.13 0 8.33 10.92 0.46 5.83 0.26 7.26 8.37
KBT 156.63 83.8 -0.12 -20.67 16.12 0 10 0.33 5.08 5.61
ALINMARETAILREIT 153.46 4.9 0.4 11.16 -27.42 0 0 0 0 0
MRDS 152.49 0.57 1.78 -1.93 15.82 0.04 0 0.96 0.81 1.24
KICO 148.05 5.18 0 30.15 -498.08 1.63 0 0.1 9.96 0
ERESCO 147.21 129 0.78 66.23 14.05 0 0 0.24 -9.1 -14.64
ALMAATHERREIT 146.21 8.96 0.22 -1.54 16.13 0 0 0.35 0 0
TALEEMREIT 143.8 10.67 0.85 9.18 15.99 0 0 0.51 0 0
MAZAYA 132.22 80 0.62 18.66 22.39 0 6.69 0.3 4.42 9.5
BHMCAPITAL 128.48 1.21 2.54 -6.35 10.96 0 0 0 0 0
MULKIAREIT 127.48 4.6 -0.22 -1.5 -16.87 0 0 0.2 0 0
ARGAN 121.46 128 0.78 39.7 -6.48 0 6.23 0.09 3.39 6.35
ADEER 117.53 91 3.17 -0.56 4.27 0 0 0 0 0
ALISTITHMARREIT 113.99 7.06 -0.15 0.86 0 0 0 0 0 0
SANAM 113.95 326 3.49 35.78 14.76 0 0 0.22 -1.99 -2.01
INOVEST.KW 95.27 96 0.2 4.02 0 0 0 0.27 0 0
MUSHARAKAREIT 93.81 3.98 -0.5 -2.44 -3.2 0 0 0.3 0 0
MAZAYA.DFM 90.31 0.85 -4.5 15.89 0 0 0 -0.11 0 0
JADWAREITALHARAMAIN 87.77 5.01 0.4 -10.89 0 0 0 0 0 0
MARAKEZ 83.31 183 0 -70.48 9.19 0 0 0.22 0.06 0.08
ALAZIZIAHREIT 78.41 5.1 -0.78 20.66 -317.28 0 0 0 0 0
OSOS 74.17 205 -0.97 56.82 9.38 0 6.08 0.17 -6.35 -10.1
HAWYIA 72.75 13.65 0 0 9.66 0 0 0 0 0
AQAR 70.63 96 0 30.26 15.67 0 7.89 0.03 6.19 6.89
MEFICREIT 66.79 3.41 -0.3 -6.3 697.96 0 0 1.27 0 0
MASHAER 61.05 116 0 35.04 10 0 14.42 0.66 4.71 6.19
ASASMAKEEN 57.03 21.4 0 -32.27 1.65 0 0 0 0 0
HAMADBINSAEDAN 51.77 6.9 0.29 0 34.96 0 0 0 0 0
ALWAHAREIT 49.05 9.3 0 -28.24 13.37 0 0 0 0 0
MENA 48.1 108 0.93 -7.76 -110.49 0 0 0.38 -2.38 -3.06
ARAM 42.74 1.99 0 32.67 11.92 0 0 0 0 0
SAHS 42.34 2.8 0 0 8.26 0.81 0 -0.07 9.47 12.41
ALAQARIA 38.76 71.3 13.53 79.94 3.89 0 0 0.33 0.24 0.7
ALJAZIRAREIT 34.06 10.94 1.01 -15.52 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 6.67 15.84 0.88 3.63 -0.07 6.17 6.38
SIHC 25.66 0.11 0 39.24 3.08 0.72 0 1.79 4.34 4.59
DALQANRE 22.58 104 0 -61.48 2.82 0 0 0 2.49 2.53
VIEW 21.37 2.43 0 -27.14 7.44 0 0 0 0 0
MASAKEN 17.87 55.4 0 12.15 -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
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