Damac

Faits marquants

Founder

Hussain Sajwani (earlier built a catering business, now Global Logistics Services; also founded DAMAC Group and DAMAC Digital data-centre business)

Listing history

Listed on the Dubai Financial Market in 2015; delisted in 2022 after Sajwani's take-private offer; now unlisted

Ownership

Privately held by Hussain Sajwani and affiliated entities (Gulf News: 100% control after the delisting)

Branded partnerships

Fendi, Roberto Cavalli, de GRISOGONO, Paramount Hotels & Resorts, Chelsea FC (Chelsea Residences)

Calendrier de réalisation

1. 2015Listed on the Dubai Financial Market.
2. 2017Trump International Golf Club Dubai at DAMAC Hills opens.
3. 2022Delisted from the Dubai Financial Market.

Projets emblématiques

• DAMAC Hills / Trump International Golf Club Dubai — Golf community in Dubailand; club opened 2017.
• Akoya Oxygen / DAMAC Hills 2 — Large Dubailand community.
• DAMAC Heights — Tower in Dubai Marina.
• DAMAC Towers by Paramount — Business Bay; towers incl. hotel tower.
• Safa One and Safa Two — Towers on Sheikh Zayed Road by Safa Park / Dubai Canal; Safa One developed with de GRISOGONO.
• DAMAC Islands, DAMAC Lagoons, Chelsea Residences — Recent launches.

Sources

• Wikipedia: Damac Properties
• Wikipedia: Hussain Sajwani
• Gulf News: Damac all set to stop trading on DFM on Feb 15 (2022)
• Gulf News: Damac calls shareholders' meet to take final step on DFM delisting
• Khaleej Times: Sajwani resigns, offers $595m to take Damac private (accessed 21 Oct 2026)
• Gulf News: Trump's sons to launch Trump International Golf Club at Damac's Akoya (accessed 21 Oct 2026)

Les faits et les dates sont issus des sources publiques mentionnées ci-dessous.