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A Legacy of Success Spanning Over 47 Years

A trusted commercial presence across 300 islands and 15 atolls - building connections, creating opportunities, and driving growth across the Maldives.

Where It All Began

In 1978, Damas Chairman Mohamed Salih co-founded Altaf Enterprises, securing the lease for Lohifushi Island - his first landmark investment and a defining milestone in Maldivian tourism.

Today, the island thrives as Adaaran Select Hudhuranfushi, operated by Aitken Spence Hotels (Sri Lanka).

Strategic Investments

We continuously identify new opportunities and invest in people, markets, and technology - strengthening our capabilities and driving sustainable growth. Through consistent focus on talent development and service excellence, we create enduring value for our partners, clients, and community.

Continuing the Vision

From his pioneering role in developing Lohifushi Island to co-investments in landmark resorts such as Heritance Aarah and Adaaran Meedhupparu, Chairman Mohamed Salih continues to shape the evolution of Maldivian tourism - fostering partnerships built on innovation, sustainability, and local empowerment.

Improve People's Lives

Damas Company founded in 2000 with a clear purpose to improve people’s lives.

Every step we’ve taken, from the culture we’ve cultivated to the innovations we’ve introduced, reflects our unwavering commitment to that goal.

Expansion into Health

Established in 2012 as a subsidiary of Damas Company, Medica Hospital is a multispecialty institution introducing day surgery services - a first in the Maldives. Guided by Chairman Mohamed Salih’s vision, it extends his legacy into healthcare, ensuring world-class medical services and compassionate patient care for the community.

Live and Inspire

At Damas, we believe every space has a story to tell.

Our Index Furniture Collection combines timeless craftsmanship with contemporary design - offering an exclusive range of premium furniture and décor that transforms living spaces into inspired homes. Discover comfort, elegance, and creativity crafted to elevate the modern lifestyle.

Damas operates across a diverse range of industries - each business built on a foundation of innovation, quality, and trust. From furniture and interiors to healthcare and investments, every division reflects our commitment to improving lives and communities across the Maldives.

45+

Years

300+

Partners

10+

Industries

1500+

Employees

I never aspired to titles, nor did I chase recognition. I simply committed myself to what I knew best: serving with integrity, working with unwavering discipline, and contributing to the advancement of our people.
When I look back, I don’t measure my achievements by accolades or milestones, but by the sheer effort, the countless sacrifices, and the resilience that carried me through. The truth is - anyone willing to give their all - without compromise - would walk a similarly demanding path. That journey, with all its trials and triumphs, is what I hold dear.

Chairman, Damas Group

Explore Our Diverse Portfolio

Index Furniture

Live & Inspire

Damas Living

Quality products at affordable price

Damas Express

The Most Trusted Online retailer in the Maldives

Damas Central

Enhance and improve quality

Our Global Partners and Brands

Empowering Progress Through Innovation and Technology

From digital transformation with Odoo and Microsoft 365 to AI‑powered analytics, Damas enhances efficiency, collaboration, and customer experience across all business sectors.

Explore Our Projects