“LIVE THE LUXURY” The company was established on 28 January 2002, and is part of the DAMAC Group, formed in 1982, by Hussain Sajwani, the owner and chairman.DAMAC Properties is an Emirati property development company, based in Dubai, in the United Arab Emirates.The company operates internationally providing residential, commercial and leisure properties and has presence in the UAE, Saudi Arabia, Qatar, Jordan, Lebanon, Iran, Oman, and the United Kingdom DELIVERED PROJECTS: DAMAC Towers by Paramount , DAMAC Tower Nine Elms London, Ghalia, AKOYA, DAMAC Heights ONGOING PROJECTS : DAMAC Hills, Dubai's Business Bay, DAMAC Lagoons