Real Estate and Property Development

DAMAC Properties

DAMAC Properties was established in 2002 as a luxury real estate developer providing unrivalled living experiences in Dubai, the United Arab Emirates. The Company has grown to become one of the foremost luxury developers, with projects spanning the GCC, the wider Middle East and the United Kingdom.

With an enduring passion for design and quality, the Company has built a reputation for creating some of the most iconic and desirable properties in the region.


Nine Elms Property Limited

Nine Elms Property Limited is a wholly owned subsidiary of DAMAC International Limited, and is the developer behind AYKON London One, a mix-use development that is set to become one of London’s tallest residential buildings and most prestigious residential address. The Nine Elms regeneration area is already home to icons that include Battersea Power Station, the new US Embassy and the New Covent Garden Market.

In an exclusive partnership with Versace Home, the global symbol of opulence, AYKON London One will be the first in Europe to provide the ultimate in Versace-branded living experiences.


DICO Investments Co LLC

DICO Investment Co LLC, the flagship investment arm of the Group, was established in 1992, with assets of AED 3 billion under management in the region.

Investments are divided into four core areas; namely, strategic holdings, ownership of subsidiaries in growth industries, long-term investments in fast-growing banks, and debt instruments issued by regional companies and banks.

The Organisation is backed by professional in-house expertise, allowing it to analyse and evaluate companies, markets, trends, regions and countries as well as perform due diligence for future opportunities.

Construction & Building Materials

Al Anwar Ceramic Tiles Co

Al Anwar Ceramic Tiles Company SAOG, the first and largest manufacturer of ceramic tiles in Oman, was established in 1998 and markets its product range of glazed wall and floor tiles under the brand name ‘Al Shams’. Production began at its first facility in Nizwa, a world-class plant, utilising the latest in machinery and the technical expertise of leading Italian companies. Products are manufactured using locally-available raw materials, and frits, glazes and pigments imported from leading producers in Italy and Spain.


Al Amana Building Materials

Al Amana Building Materials Company LLC has long histroy of providing a diverse range of high-quality building materials, floors, surface finishes and bathrooms. The Company’s strength is the ability to supply a selection of well-recognised, quality international brands, bringing the best options in the worldwide market closer and more accessible to customers in the region.

The success of the business lies in its team and the Company recruits experienced and qualified people in the disciplines associated with its services. With an emphasis on learning and development, its work force is continuously trained to enable delivery of the best possible services to its valued clients.


Al Jazeira Services Company SAOG

Al Jazeira Services Company is an Omani Joint Stock Company, established in 1997. The Company is listed on Muscat Securities Market and has a wide shareholder base represented by pension funds, brokerage houses, joint stock companies, major trading houses and prominent Omani and GCC citizens.

The Company operates its catering and service support in Oman through a 100%-owned subsidiary, Draieh Catering Services Co LLC.