Built to inform

Sign up for the daily newsletters

No, Thank you

Top 100 GCC Real Estate Developers: Damac Properties

Dubai-listed developer, which completed Ghalia and Tower 108 in 2019, is building megaprojects such as Aykon City

Hussain Sajwani, founder and chairman of Damac.
CW Archives
Hussain Sajwani, founder and chairman of Damac.

Founded and chaired by Emirati businessman Hussain Sajwani, Dubai Financial Market-listed Damac Properties, which is currently developing Aykon City and Akoya, noted completion on its 727-unit Ghalia and 34-storey Tower 108 projects in May 2019.

The company posted a 90.5% decline in H1 2019 net profits, but is steadily continuing construction on its megaprojects in Dubai. 

Construction Week's Top 100 GCC Real Estate Developers 2019 list is a compilation of the region's most influential and successful property firms.

The list has been produced based on publicly available information, and is not a ranking.

Most popular

Awards

Construction industry conversations around digitisation must evolve
The Middle East construction industry’s approach to tech must evolve and focus on how can

Conferences

CW In Focus | Inside the Leaders in KSA Awards 2019 in Riyadh
Meet the winners in all 10 categories and learn more about Vision 2030 in this
CW In Focus | Leaders in Construction Summit UAE 2019
A roundup of Construction Week's annual summit that was held in Dubai this September

Latest Issue

Construction Week - Issue 753
Nov 09, 2019