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DAMAC Properties
DAMAC Properties is one of the leading companies in the field of construction and development of quality real estate properties in the United Arab Emirates. The DAMAC Properties in Dubai, due to its creative and customer-centric approach, has not only established a strong position in Dubai and the UAE but also globally, becoming renowned as one of the best construction companies in Dubai.
The DAMAC construction company, at the time of its establishment, had only 12,000 construction projects. However, by adopting a creative approach, it managed to increase its project count to over 39,000 residential units and tens of thousands of hotels, hotel apartments, and more. If you intend to proceed with purchasing property in Dubai through DAMAC, stay with us until the end of this New Way article (the best Dubai real estate website). In the following sections, the DAMAC Properties developer in Dubai and some of its projects will be explored.
History of DAMAC Construction Company
DAMAC Properties, a Dubai-based real estate holding, was founded in 2002 and has since experienced significant advancements in the construction industry. With its creative approach, DAMAC has expanded its construction projects not only within Dubai but also internationally.
Following the success of DAMAC's project, (AKOYA by DAMAC), the company launched a new project named (AKOYA Oxygen) in 2014, covering an area of 55 million square feet in Dubai. More than 4,000 trees were planted in this project, transforming the area into a green and pleasant place to live. The company showcased its innovation by constructing DAMAC Towers by Paramount Hotels & Resorts in Dubai with a budget of $1 billion. This hotel became the first Paramount-branded hotel in Dubai.
The DAMAC Properties developer in Dubai is recognized in the UAE and globally for its creative and customer-centric approach to projects. The core philosophy of DAMAC is that a home is not just an asset but a place of peaceful living. DAMAC strives to make a positive impact in the field of global housing and aims to be effective through useful initiatives such as educational programs and healthcare services for people worldwide.
Introduction to DAMAC Construction Group in Dubai
The United Arab Emirates, particularly prominent cities like Dubai, has made significant strides in the construction industry, garnering global attention. This has led to many investors and traders worldwide expressing interest in investing through real estate purchases in Dubai. Additionally, some of the most advanced and largest construction companies globally, such as Samana Emirates, are active in Dubai.
DAMAC Construction Group in Dubai is one of the largest and most reputable construction companies in Dubai. To date, it has successfully delivered over 35,000 luxurious and modern homes to those seeking an advanced lifestyle in this city. Currently, the company is engaged in the construction of more than 30,000 additional properties in Dubai and other cities across the UAE. Another service offered by this company is providing low-interest loans to homebuyers.
DAMAC's Activities Worldwide
DAMAC Pershin is one of the major real estate developers worldwide. It's interesting to note that DAMAC Construction Group, due to its strong involvement in building properties, hotels, and more, has gained a prominent position both in the UAE and globally since its inception.
The DAMAC Construction Group has various projects in different countries such as the United Arab Emirates, Saudi Arabia, Lebanon, Jordan, and the United Kingdom, which we will introduce in the following. Another unique project by this group is the golf courses, for which they have received 100 global awards and accolades.
Who Owns DAMAC?
The owner of DAMAC is Hussain Sajwani, who officially founded the company in the UAE in 2002. Hussain Sajwani (Hussain Sajwani) successfully introduced new standards in housing construction in the UAE and elevated the real estate industry in the country.
The owner of DAMAC initiated his first project in the Dubai Marina area and with progress in subsequent projects, managed to establish DAMAC Holdings as a symbol for setting new standards in design and the construction industry in Dubai.
He managed to position DAMAC Pershin among the top real estate and property development companies in the UAE. By developing projects in other Middle Eastern countries and in Europe, he has become one of the most significant real estate developers worldwide.
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Employment Opportunities at DAMAC in Dubai
DAMAC is one of the prominent real estate developers in the UAE, having undertaken numerous advanced projects such as residential and commercial communities in Dubai. This has led to a significant interest among individuals in the UAE and other countries to work and seek employment opportunities at DAMAC in Dubai. These individuals believe that the company can fulfill all their career aspirations.
Projects Constructed by DAMAC Construction Company
DAMAC has managed to make a substantial impact on the construction industry in the UAE by creating prominent, high-quality, and unique projects. Below, we will introduce you to some of DAMAC's renowned projects.
DAMAC Celestia Project by DAMAC Properties UAE
The Celestia building is one of DAMAC's residential properties located in the center of Dubai. This complex offers a range of amenities, including:
- Fitness center
- Luxurious jacuzzi spa
- Sauna
- Steam room
- Children's play area
- Prayer room
- Swimming pool
- Dedicated barbecue area
DAMAC Zada Tower Project by DAMAC Properties UAE
One of the projects built by DAMAC Real Estate Consultant in Dubai is the Zada Tower. This project consists of 30 floors and 699 one-bedroom units. Zada Tower can be an ideal choice for both single and family living. This residential complex offers numerous amenities, including:
- A collection of one-bedroom units
- Children's play area
- Open-air cinema
- Parking facilities
- Beautiful lobby with 24-hour reception
- Fitness center
- Swimming pool
- Retail outlets
- Health center
- Restaurant
Hajar Stone Villas Project by DAMAC Properties
Hajar Stone Villas is one of the projects constructed by DAMAC Dubai. The Hajar Stone Villas are located in Akoya Oxygen (DAMAC Hills 2). Some of the features of this project include spacious villas with large windows that allow for enjoying the beauty of nature; these villas are also adorned with artistically crafted stone detailing. Some other distinctive features of the Hajar Stone Villas include:
- International standard amenities
- Spacious villas
- Dedicated parking
- Luxurious and modern retail outlets
- Five-star hotel and suites
- Restaurant
- Fresh market
- Hydroponic café
- Luxury spa with desert-inspired design
- Natural-inspired yoga area
Venice Project by DAMAC Properties in Dubai
The Venice project is one of the projects built by this construction company, which is a great option for individuals looking to invest in DAMAC. This project has numerous features, some of which include:
- Authentic Italian architecture
- Beautiful and captivating landscapes
- Restaurants and various cafes by the water
- Cultural events and various annual festivals
- Access to different waterfront retail outlets
Summary of DAMAC Properties, a Real Estate Developer in Dubai
In this article, we endeavored to introduce DAMAC Properties in the UAE and some of the projects built by this company. If you're interested in purchasing a DAMAC apartment in Dubai or any other projects by this company, feel free to consult with our advisors at New Way Real Estate (the best website for buying homes in Dubai) at any time, completely free of charge.