Wissam Damaa is a Lebanese businessman and real estate developer based in Dubai, United Arab Emirates. He is the founder and chairman of Palace Group, a real estate development firm. Damaa is known for developing residential projects on Jumeirah Bay Island and other parts of the Dubai area.
Career Damaa was born in Lebanon. He began his career in the construction and architecture sectors and later specialized in luxury development.
In 2024, Damaa announced "The Cliffs," a $1.1 billion luxury residential project located along the Dubai Canal. The project is a joint venture between Palace Group and Abu Ghazaleh Investments (AGI). The development's architecture was designed by the New York-based firm Kohn Pedersen Fox (KPF).
Damaa has helped developed Jumeirah Bay Island. His firm developed "The Bay Mansions," which consists of beachfront estates, with individual properties valued at over $100 million USD. In 2024, Portuguese professional footballer Cristiano Ronaldo purchased a mansion at Jumeirah Bay which was partly developed by Damaa's firm.
Damaa launched "Aya" in Jumeirah Garden City, a luxury development project.
Damaa is involved in events such as the Naked Heart Foundation Gala, as well as various other events.
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