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OrganisationsDamac Real Estate Development Limited, DIFC
Damac Real Estate Development Limited, DIFC logo

Damac Real Estate Development Limited, DIFC

Real Estate ServicesUnited Arab Emirates
Last verified 19 days ago

Damac Real Estate Development Limited, commonly referred to as Damac Properties, is a leading player in the real estate services industry, headquartered in the Dubai International Financial Centre (DIFC), United Arab Emirates. Established in 2002, the company has made significant strides in luxury property development, focusing on residential, commercial, and leisure projects across the Middle East and beyond.

Damac is renowned for its innovative approach to real estate, offering a diverse portfolio that includes high-end apartments, villas, and hotels. The company has achieved notable milestones, including partnerships with global brands and a reputation for delivering exceptional quality and design. With a strong market position, Damac continues to set benchmarks in the industry, making it a prominent name in luxury real estate development.

13
DitchCarbon score

-15 vs industry average

Damac Real Estate Development Limited, DIFC’s score of 13 is lower than 28% of the industry. This can give you a sense of how well the company is doing compared to its peers.

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Industry Intensity

High

Real Estate Services has above-average carbon intensity

Industry performance

0.208
20192025

The Real Estate Services industry has reduced its overall emissions by 42% since 2019

Emissions trajectory 2020 – 2027

000.0M000M00.0M00.0M0

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20202021202220232024202520262027

Reported emissions

Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e

Scope 3 accounts for ••• of total emissions.

Damac Real Estate Development Limited, DIFC's reported carbon emissions

Damac Real Estate Development Limited, a real estate services company headquartered in AE, reported approximately 124,2000 kg CO2e of Scope 1 emissions and 115,715,000 kg CO2e of Scope 2 emissions for the year 2024. For 2023, the company reported approximately 1,689,000 kg CO2e of Scope 1 emissions and 118,862,000 kg CO2e of Scope 2 emissions.

The company's environmental, social, and governance (ESG) reporting for 2024 indicates that Scope 3 emissions data is not yet disclosed. There is no information available regarding specific carbon reduction targets, Science Based Targets initiative (SBTi) commitments, or participation in other climate initiatives such as the Climate Pledge.

The emissions data for Damac Real Estate Development Limited is directly reported by the organisation and is not cascaded from a parent company.

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Damac Real Estate Development Limited, DIFC’s Climate Goals (2030 & 2050)

No climate goals have been disclosed for Damac Real Estate Development Limited, DIFC yet.

Scope 3 top emissions categories

No scope 3 category breakdown has been disclosed yet.

Emissions comparison with industry peers

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Ditchcarbonv260709.1
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