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DAMAC Capital
Hussain Sajwani established the family office in 1982 after founding DAMAC Properties. The wealth originated in large-scale residential and mixed-use projects...
DAMAC Capital
Hussain Sajwani established the family office in 1982 after founding DAMAC Properties. The wealth originated in large-scale residential and mixed-use projects in Dubai before expanding internationally. The office deploys across real estate, private equity, infrastructure, and venture positions. It executes direct co-investments and SPVs alongside select fund commitments. Confirmed holdings include equity stakes in SpaceX and xAI, sponsorship of Chelsea Football Club, and development of DAMAC Towers Nine Elms in London and The Delmore in Surfside, Florida. Additional exposure runs through Edgnex data centers in the United States, Saudi Arabia, and Thailand plus luxury assets such as Roberto Cavalli and de GRISOGONO. Geographic reach covers the Middle East, Europe, North America, Asia, and Africa. The team comprises family principals Ali Sajwani, Amira Sajwani, and Abbas Sajwani. The office maintains no disclosed additional locations beyond Dubai headquarters. Adjacent vehicles include the Hussain Sajwani – DAMAC Foundation. In 2026 DAMAC Capital signed a global partnership with Oracle Red Bull Racing. The structure ties investment decisions directly to the operating real estate company DAMAC Properties, allowing the family to control both development pipelines and downstream capital allocation without external LP governance layers.
General information
Firm type
Single Family Office
Year founded
1982
Location
Region
Asia
Country
United Arab Emirates
City
Dubai
Corporate office
Dubai, United Arab Emirates
Principals
Hussain Sajwani
Founder and Chairman
Ali Sajwani
Managing Director of Operations
Amira Sajwani
Managing Director of Sales & Development
Abbas Sajwani
Board Member
Sector focus
Frequently asked questions
Who runs investment decisions at DAMAC Capital?
Hussain Sajwani serves as Founder and Chairman. Sons Ali Sajwani and Abbas Sajwani plus daughter Amira Sajwani hold managing director and board roles that cover operations, sales, and capital deployment.
Does DAMAC Capital participate in fund commitments or only direct deals?
The office executes both direct co-investments and SPVs as well as fund-of-funds and hedge fund allocations. Real estate and infrastructure positions frequently take the form of outright ownership or joint ventures.
Which sectors does DAMAC Capital explicitly avoid?
No explicit avoidance list appears in public materials. The portfolio shows repeated commitments to real estate, luxury goods, data centers, and space technology.
How is DAMAC Capital related to DAMAC Properties?
DAMAC Capital functions as the family office for the Sajwani family that controls DAMAC Properties. Investment activity and development pipelines remain integrated under the same ownership.
What investment stages does DAMAC Capital typically target?
The office targets buyout, growth, and startup stages. Early-stage checks have included SpaceX and xAI while later-stage activity centers on operating real estate assets and data-center platforms.
Where does the underlying wealth come from?
Wealth originated from DAMAC Properties residential and mixed-use developments in Dubai and subsequent international projects in London, Miami, and the Maldives.
Does DAMAC Capital maintain philanthropic structures, and how are they separated?
The Hussain Sajwani – DAMAC Foundation operates as the family's philanthropic vehicle. It remains separate from the investment mandate of DAMAC Capital.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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