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Damac Real Estate Development Limited (Abu Dhabi) (United Arab Emirates)

Main Activities: Other Financial Investment Activities | Lessors of Real Estate
Full name: Damac Real Estate Development Limited Profile Updated: May 22, 2023
Buy our report for this company USD 29.95 Most recent financial data: 2022 Available in: English Download a sample report

Damac Real Estate Development Limited, located in Abu Dhabi, is a part of the Damac Group. The company has been a prominent player in the luxury real estate market in the Middle East since 1982. They have successfully delivered a wide range of residential, commercial, and leisure properties across the region and beyond. Damac Properties has contributed to the vibrancy of the cities where their projects are located, with an extensive portfolio that includes skyscrapers, communities, and branded residences. They have already delivered around 43,700 high-quality homes, with approximately 30,000 more currently under development. Damac Properties has established itself as one of the leading luxury developers globally, with projects spanning the GCC, Levant, Middle East, United States, and United Kingdom. The company has received numerous awards and recognition for its contributions to the real estate development sector, including over 100 global awards and commendations. Damac continues to thrive and excel in various areas, such as high-rise architecture, interior design, hospitality, and international golf course communities.

Headquarters
PO Box 2195, Dubai International Financial Centre, Park Towers, Office No 206A, Level 2
Abu Dhabi; Northern Emirates;

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Website: http://www.damacproperties.com

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
October 31, 2013
Key Executives
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Chief Executive Officer
Ownership Details
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100%
Subsidiaries
Al Bawader Real Estate LLC
100%
Alpha Star Holding VI Limited
100%
Avitus Investments LLC
100%
Company Performance
Financial values in the chart are available after Damac Real Estate Development Limited (Abu Dhabi) report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency USD. Absolute financial data is included in the purchased report.
Net sales revenue
1.12%
Total operating revenue
36.65%
Operating profit (EBIT)
N/A
EBITDA
N/A
Net Profit (Loss) for the Period
N/A
Total assets
-3.36%
Total equity
-28.62%
Operating Profit Margin (ROS)
N/A
Net Profit Margin
N/A
Return on Equity (ROE)
N/A
Debt to Equity Ratio
-6.37%
Quick Ratio
-0.4%
Cash Ratio
0.11%

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