Palace Group LLC

Palace Group LLC is a UAE-based conglomerate founded in 1999 by Wissam Damaa. The company specializes in super-prime residential development and construction, boasting a portfolio valued at AED 36 billion, which includes over 200 luxury projects. Palace Group focuses on timeless design and bespoke craftsmanship, delivering high-quality residential, commercial, and environmental solutions. The company operates through various divisions, including construction, electromechanical services, interior fit-out, and joinery. It has completed AED 20 billion in projects and has AED 16 billion under development, primarily in Dubai, Abu Dhabi, Sharjah, and Ras Al Khaimah. Palace Group also has international subsidiaries that provide oil and gas services and renewable energy technologies, emphasizing sustainable practices and advanced engineering. Palace Group targets high-net-worth individuals and institutional investors, offering bespoke villas and apartments in exclusive locations. Its commitment to quality and innovation, along with a multi-disciplinary team, positions it as a leader in luxury real estate and sustainable technology.

Company Information

Company Size

51–200

Address

شارع الشيخ زايد, Dubai, Dubai, United Arab Emirates

City

Country

Industry

Founded

2004

Revenue

N/A

Company Overview

Palace Group LLC is a UAE-based conglomerate founded in 1999 by Wissam Damaa. The company specializes in super-prime residential development and construction, boasting a portfolio valued at AED 36 billion, which includes over 200 luxury projects. Palace Group focuses on timeless design and bespoke craftsmanship, delivering high-quality residential, commercial, and environmental solutions. The company operates through various divisions, including construction, electromechanical services, interior fit-out, and joinery. It has completed AED 20 billion in projects and has AED 16 billion under development, primarily in Dubai, Abu Dhabi, Sharjah, and Ras Al Khaimah. Palace Group also has international subsidiaries that provide oil and gas services and renewable energy technologies, emphasizing sustainable practices and advanced engineering. Palace Group targets high-net-worth individuals and institutional investors, offering bespoke villas and apartments in exclusive locations. Its commitment to quality and innovation, along with a multi-disciplinary team, positions it as a leader in luxury real estate and sustainable technology.

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