Purchasing a property in Dubai is more than just acquiring a property– it’s a form of investment, especially for those who want to grow their business with trusted real estate companies in UAE.
DAMAC Properties is a property development company based in Dubai, United Arab Emirates. Since its inception, DAMAC Properties managed to acquire the leading position in the property development industry, and through the years, it has remained at the forefront of the industry, serving the needs of investors all over the world, and it’s also the major contributor of the success story of Dubai’s real estate market.
The Man Behind DAMAC Properties
DAMAC owner, Hussain Sajwani is the man behind and the president of DAMAC properties. He graduate from University of Washington and became a Contract Manager in Gasco– a subsidiary of Abu Dhabi National Oil Company, before establishing DAMAC properties. He also started his own catering company in the year 1982 where he discovered some of the most useful skills when it comes to managing. During this period, he handled hundreds of projects, and served hundred thousand of meals a day. Some of his patrons include those who belong in the army camps, construction campsites, best hotels, educational institution, and many more.
Aside from that, he’s also considered as an innovator of market development in Dubai, as he managed to build several hotels in the mid-90s, to meet the demands of those who are visiting the country to do business and commerce. From then on, he established DAMAC Properties in 2002, and it’s one of the biggest property developments in the Middle East.
DAMAC is probably one of his most successful projects and this was because of his extraordinary entrepreneurial skills. Hussain Sajwani was included in the list of 100 most globally influential Arabs and has proven his ability for more than a decade. Being a businessman and investor, Sajwani also has an excellent track record in global equity and capital markets.
What Made DAMAC Properties Successful
Being in the business for several decades, Sajwani knows how to manage not only property development, but legal, sales, marketing, finance, and administration as well– these are just some of the important factors that a property development company should pay attention to, and that’s what Sajwani did. DAMAC properties garnered a number of remarkable projects in major global cities like Abu Dhabi, Doha, Beirut, Amman, Riyadh, Jeddah, and London.
Having the ability to employ thousands of employees, it’s no wonder that DAMAC Properties is considered as one of the best property development companies all over the world. It’s a publicly-listed property development company with shares listed on the Dubai Financial Market. Not just that; the company also has remarkable track records when it comes to property development and have delivered more than 20,000 homes, and a development portfolio of more than 44,000 units in different stages of organization and progress.
One of the Leading Brands in the Market
Being one of the leading brands in the market, DAMAC Properties has collaborated with the best and most successful and popular lifestyle brands for them to bring new and living concepts to the market. In fact, one of the projects they’re most proud of is the one with Tiger Woods– a golf course designed by him, and handled by the Trump Organization. There are also a wide range of luxury apartments and fashionable villas that are under DAMAC properties.
DAMAC Properties: Internationally Recognized Brand and Leading Property Developer in Dubai
Just like what has been mentioned earlier, DAMAC properties is widely known as one of the most reliable property development companies worldwide. It has a track record of offering high quality luxury developments, such as its five hotel apartment projects. The company believes that in order to stay on top, it’s important to be in a strong position, as it would result to higher sales volume, generating more profit.
Aside from that, it’s also worth noting that DAMAC properties offers first-class hotels that have five-star ratings for future real estate entrepreneur to take advantage of. The company also offers property investment in Dubai through the options of apartments, villas, and hotel rooms. Since it’s one of the top real estate developers in Dubai, they also allow associate investors to occupy the properties that were purchased once they decide to visit UAE.
A Team of Highly Experienced Management Leaders and Committed Shareholders
This company is being managed by a team of directors and senior managers with a reputation of being the best in the real estate industry, as well as in marketing and human resource management. That means by trusting this company, rest assured that you’ll be in good hands.
Garnering Several Awards
For the past few years, DAMAC Properties has received a number of awards because of its achievements. For one, it has been acknowledged not only for its modern approach toward investors, but for the interior layout and structural design as well. Due to its name, people all over the globe also trust DAMAC properties for what it has to offer over its competitors. It’s fully committed in providing exceptional service in order to maximize profit margins and returns on equity.
Dubai: One of the Best Places to Build Businesses
The city accumulated an approximate number of 14.3 million tourists back in 2015, and it keeps on growing every year. That only implies that the greater the influx of people into the city, the larger the population of possible guests would be. This would be like a gold mine for property owners and real estate investors.
We can say that DAMAC Properties can be a pretty lucrative form of investment for those who want to be a part of a property development that offers service apartments. Dubai is proud of the properties being handled by DAMAC, and it’s a clear indication that it would be a good investment for most business owners.