Who they are
DAMAC Properties was founded in Dubai in 2002 and has grown into one of the UAE's largest private developers, with a reported global presence across 10+ cities and offices spanning the UK, Qatar, Saudi Arabia, Iraq, Turkey, China, Hong Kong, Singapore and Angola. The company says it had handed over more than 50,000 units cumulatively by September 2026, with a further 55,000+ units across over 100 million sq ft in its planning-and-development pipeline, spanning 7 master-plan communities — and in the first half of 2026 alone it awarded US$2.72 billion in construction contracts, targeting more than 8,800 handovers for the year (figures as of September 2026, per DAMAC's own reporting and construction-trade press). DAMAC has also built a number of branded-residence partnerships — Chelsea Residences, developed under an official partnership with Chelsea Football Club, is the most recent example and is covered in full below. For more on DAMAC's history and ownership, see our full DAMAC Properties guide.





