appears to have a close connection with its subject . it may require cleanup to comply with wikipedia s content policies particularly neutral point of view . please discuss further on the talk page . june 2015 learn how and when to remove this template message damac properties type private founded 2002 headquarters dubai united arab emirates key people hussain sajwani arabic chairman products luxury real estate number of employees circa 1 000 2013 website damac properties official webpage damac properties is a property development company in the middle east based in dubai in the united arab emirates . contents 1 history 2 residential developments 3 external links 4 references history edit the company is part of the damac group . on 4 november 2013 damac properties announced a plan to raise around 500 million from a sale of global depository receipts on the london stock exchange . 1 on 3 december 2013 damac properties became the first dubai real estate company from the middle east region to list on the london stock exchange through a global depository receipts programme . 2 residential developments edit damac properties has released a second residential development in dubai known as akoya oxygen . 3 on 8 december 2014 the company announced that tiger woods would design the trump world golf club dubai which will sit at the centre of akoya oxygen . 4 the course was also announced to be designed by world renowned golf course architect gil hanse . 5 this follows its 42 million square foot development akoya by damac . the company has delivered almost 12 000 units to date and currently has a development portfolio of over 39 000 units at various stages of progress and planning as of september 30 2014 which includes over 10 000 hotel rooms and serviced hotel apartments . other developments that have been led by damac properties include ocean heights in dubai 6 and park towers in the dubai international financial centre . 7 in 2014 8 and more recently in 2016 vice news uncovered allegations that its subcontracted development projects in the uae violate practically unenforceable local labor laws . donald trump is a partner in at least one of these projects . external links edit company website damacmaison.com references edit http uk.reuters.com article 2013 11 04 uk emirates damac ipo idukbre9a306i20131104 dubai s damac gets muted response for london share sale . reuters . retrieved dec 17 2013 . damac says first akoya okygen homes sell out in record time arabian business by andy sambidge 22 august 2014 tiger woods to design new dubai golf course the national by sean cronin 9 december 2014 trump international golf club dubai reaching new heights arabian business by sarah blackman 20 march 2014 sharpoorji scores deal to build park towers for damac arabian business by christopher sell 30 december 1 retrieved from https en.wikipedia.org w index.php title damac properties & oldid 720508725 categories companies established in 2002property companies of the united arab emiratescompanies based in dubai2002 establishments in dubaihidden categories wikipedia articles with possible conflicts of interest from june 2015use dmy dates from january 2015 navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export create a bookdownload as pdfprintable version languages edit links this page was last modified on 16 may 2016 at 09 11 . text is available under the creative commons attribution sharealike license ; additional terms may apply . by using this site you agree to the terms of use and privacy policy . wikipedia is a registered trademark of the wikimedia foundation inc. a non profit organization . privacy policy about wikipedia disclaimers contact wikipedia developers cookie statement mobile view