DAMAC Returns as Titanium Sponsor at DEWA’s 27th WETEX
Announces 2024 Sustainability Report at WETEX and Reaffirms Commitment to Sustainability
Highlighting measurable ESG progress, strategic breakthroughs, and a long-term vision for value creation.
DAMAC Properties, a global leader in real estate development, announced its return as a Titanium Sponsor at the 27th edition of the Water, Energy, Technology, and Environment Exhibition hosted by the Dubai Electricity and Water Authority from September 30 to October 2, 2025. The company’s participation coincides with the release of its 2024 Sustainability Report, titled ‘The Blueprint for a Greener Future: Measurable Changes, Meaningful Impact’, which details measurable achievements across environment, social impact, governance, and innovation. The DAMAC stand had the honour of welcoming His Highness Sheikh Ahmed bin Saeed Al Maktoum, Chairman and Chief Executive of Emirates Airline & Group; His Excellency Saeed Mohammed Al Tayer, Managing Director & CEO of Dubai Electricity and Water Authority (DEWA); His Excellency Lieutenant General Abdullah Khalifa Al Marri, Commander-in-Chief of Dubai Police, along with other distinguished VIPs.
Advancing with Purpose
The report reflects DAMAC’s ambition to embed sustainability into every dimension of its operations and strategy. From climate action to community investment and responsible governance, DAMAC continues to align its roadmap with the UAE’s Net Zero 2050 strategy, the UN Sustainable Development Goals (SDGs), and global reporting frameworks.
Mohammed Tahaineh, Chief Project Officer, DAMAC Properties, commented: “Sustainability is central to our vision for long-term value creation. We are aligning with national priorities such as the UAE’s Net Zero 2050, whilst also engaging transparently and building partnerships that amplify our collective impact. By advancing with purpose, we aim not only to shape the skylines of tomorrow, but also to contribute to a future that is more inclusive, more resilient, and more sustainable for all.”
Environmental Progress
DAMAC recorded measurable progress in reducing its environmental footprint in 2024. Scope 2 (indirect) emissions decreased, supported by efficiency measures such as optimised cooling systems and smart lighting. A growing share of DAMAC’s energy production was sourced from solar PV panels and solar water heating solutions deployed across communities. In parallel, DAMAC improved waste management and recycling systems, achieving a 47.2% increase in recycling rates and a 21% reduction in general waste. The company also enhanced its water stewardship by treating 32.8 million gallons of sewage, significantly reducing its reliance on freshwater resources for irrigation. Notable sustainability certifications underscored these efforts, with LEED Platinum awarded to DAMAC Lagoons, one of Dubai’s largest low-rise communities, and LEED Gold to DAMAC Hills 2 Community Centre, making them standout examples of sustainable design in Dubai.
Social Impact
Through the measurable progress it has achieved in 2024, DAMAC has made a meaningful impact as an active member of society. The company achieved 68.1 million safe man-hours, maintaining compliance with ISO 45001 standards and reinforcing a strong health and safety culture. Its workforce also grew to over 90 nationalities, with female representation increasing to 33%. Furthermore, the company has committed AED 150 million through the Hussain Sajwani – DAMAC Foundation (HSDF) to education, healthcare, and community upliftment.
Governance and Innovation
DAMAC advanced its governance framework, reporting zero corruption cases and extending its rigorous anti-corruption training across all employees. The real estate giant invested in green construction technology, encompassing 3D printing of non-concrete materials, EV charging infrastructure, and solar integration. Partnerships with the UN Global Compact and the Emirates Green Building Council further anchored DAMAC’s commitment to transparency and global ESG alignment.
About DAMAC Properties
DAMAC Properties has been at the forefront of the Middle East’s luxury real estate market since 2002, delivering award-winning residential, commercial and leisure properties across the region and internationally, including in the UAE, Saudi Arabia, Qatar, Jordan, Lebanon, Iraq, the Maldives, Canada, the United States, as well as the United Kingdom.
Since then, the company has delivered more than 49,000 homes with over 54,000 more in diverse planning and development phases. Joining forces with some of the world’s most eminent fashion and lifestyle brands to create tremendous living experiences, such as with Versace, Roberto Cavalli, or de GRISOGONO. With a consistent vision and momentum, DAMAC is building the next generation of luxury living across the globe.
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