DAMAC Properties is an Emirati property development company, based in Dubai, in the United Arab Emirates.[2] 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 .

In the year 2017, the total revenue recorded by DAMAC properties was AED 7.5 billion. In 2018, DAMAC Properties recorded total revenue of AED 6.1 billion. In the year 2020, the total revenue recorded by DAMAC properties was AED 4.7 billion. In 2021, DAMAC Properties recorded total revenue of AED 3.0 billion.

The company was established on 28 January 2002, and is part of the DAMAC Group, formed in 1992, by Hussain Sajwani, the owner and chairman. In December 2013, DAMAC was the first real estate company from the Middle East to list on the London Stock Exchange (LSE) through a global depository receipts programmed, which raised US$379 million in the form of an IPO. Following an offer to exchange its outstanding Global Depository Receipts (listed on the LSE) for Ordinary Shares (listed on the DFM), DAMAC began trading in Dubai on 12 January 2015. The GDRs were subsequently de-listed in March 2015.