DAMAC Properties, part of DAMAC Holding,
is the largest private sector master developer
in the Middle East. DAMAC has grown from a
local catering company to a global conglomerate
with operations in over 18 countries. Today,
DAMAC Holding with over 7000 employees, ranks
amongst the largest business groups in the
UAE - a name to reckon with in real estate,
hospitality, industrial projects, investments,
logistics and commercial trading and is expanding
rapidly into North Africa, Jordan, Lebanon,
Qatar and the Far East.
Today, DAMAC Properties is spread across 420
million sq. ft. of luxury, with over 9500
customers - across 6 countries. By partnering
with world-renowned architects and designers,
DAMAC Properties aims to develop schemes that
include waterfront luxury projects, residential,
commercial and leisure facilities that will
create an integrated community.
DAMAC entered Egypt with the launch of its
320 million sq. ft., Gamsha Bay project –
the largest development in the region. The
agreement was signed during the Arab Strategy
Forum 2006 in the presence of the Prime Minister
of Egypt, Mr. Ahmed Nazif. Gamsha Bay will
be the region’s largest township, located
at the north of Hurghada; Gamsha Bay will
offer residents a wide array of housing options,
entertainment venues and recreational amenities
including an innovative extreme sports adventure
theme park. This project is worth over US$16
billion.
In addition to support services provided
by its Dubai headquarters, the company’s
comprehensive Customer Care Program provides
solutions through its vast regional network
with offices in the UK (London, Manchester),
Ireland, UAE, Iran, Russia, Jordan, Saudi
Arabia, Lebanon, Egypt and Qatar.
DAMAC Properties won three prestigious awards
for its projects in the UAE at the Arabian
Property Awards 2006. Property developer bagged
the best development award for ‘Oceanscape’,
best architecture award for ‘Ocean Heights
2’ and the best website award for the
company’s website. In December 2006,
the company also won the IREF ME award for
the best residential development in the UAE.
In 2005, the luxury property company was honored
with three prestigious Bentley International
Awards in the categories of - Best UAE Development
for Marina Terrace, Best Architecture for
Ocean Heights-I and Best Developer website
at a ceremony in London.
For further details kindly visit
www.damacproperties.com.