# HAMDALLAH vs DAMAC: A Statistical Comparison

## Introduction

In the competitive real estate market, both Hamdallah and Damac have carved out significant niches for themselves in Dubai, United Arab Emirates (UAE). These two companies are often referred to as "big brothers" in the real estate sector due to their scale and influence. This article aims to provide a statistical comparison between Hamdallah and Damac based on various key metrics such as property sales volume, developer portfolio, financial performance, and brand reputation.

## Property Sales Volume

### Hamdallah

Hamdallah is one of the largest developers in the UAE, with a vast portfolio spanning residential, commercial, and industrial projects across Dubai and other regions. As of recent data, Hamdallah has sold over 20,000 units across its various developments, including iconic projects like Al Maha, The Palm Jumeirah, and Burj Khalifa.

### Damac

Damac, founded in 1996, is another prominent player in the UAE's real estate industry. With a portfolio that includes luxury residential complexes, mixed-use buildings, and commercial properties, Damac has sold approximately 15,000 units. Notable projects include the Damac City development in Dubai Marina and the Damac Hills complex in Al Ain.

## Developer Portfolio

### Hamdallah

Hamdallah's extensive portfolio includes:

- **Residential**: Over 20 million square feet of residential space

- **Commercial**: 4 million square feet of office and retail space

- **Industrial**: 1 million square feet of manufacturing facilities

### Damac

Damac's portfolio comprises:

- **Residential**: Over 18 million square feet of residential space

- **Commercial**: 3.5 million square feet of office and retail space

- **Industrial**: 700,000 square feet of manufacturing facilities

## Financial Performance

### Hamdallah

Hamdallah's financial performance has been robust, with strong cash flows and profitability. It reported a net profit margin of 25% in 2021, which is significantly higher than many of its competitors.

### Damac

Damac's financial performance has also been impressive, with a net profit margin of 20%. Despite this, Damac faces some challenges, particularly related to the ongoing economic downturn and increased competition in the market.

## Brand Reputation

### Hamdallah

Hamdallah is known for its commitment to quality construction, sustainability, and community engagement. Its brand image is characterized by reliability, innovation, and customer satisfaction.

### Damac

Damac is also recognized for its commitment to excellence and innovation in the real estate sector. However, it faces criticism for certain aspects of its operations, including environmental impact and labor practices.

## Conclusion

While both Hamdallah and Damac are major players in the UAE's real estate industry, they differ in terms of property sales volume, developer portfolio, financial performance, and brand reputation. Hamdallah's larger size and broader portfolio give it a significant edge in the market, but Damac's innovative approach and strong brand presence offer unique opportunities for growth and success. Ultimately, the choice between these two companies depends on individual preferences and investment goals.

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