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Home / Developers / DAMAC Properties
Dubai's largest private luxury developer — iconic brand partnerships at every turn.

DAMAC Properties

DAMAC Properties is a major private luxury developer with an extensive presence in Dubai, founded in 2002 by Hussain Sajwani. The company is renowned for its collaborations with global luxury brands — Versace, Roberto Cavalli, de GRISOGONO, Paramount, and Trump — and for landmark mega-developments such as DAMAC Hills (1, 2 & Lagoons), DAMAC Islands, and Akoya. Taken private in 2022, DAMAC is today one of the largest privately held real-estate companies in the Middle East.

Founded 2002 Founder Hussain Sajwani HQ Dubai, UAE ~2,000 employees RERA registered
2002
Founded
Luxury
Market Segment
Private
Status
THE TRACK RECORD

DAMAC Properties's record.

Dubai's most recognisable luxury brand in residential real estate — collaborations with Versace, Cavalli, and Trump have established DAMAC as the defining name in branded residences. Its communities are celebrated for striking architecture, artificial lagoons, and designer interiors.

Delivery record

DAMAC ranks as one of Dubai's largest developers by total units delivered. While certain past projects experienced delays, the company has maintained solid timelines on recent launches and is in a period of significant operational momentum.

Years active

Over 23 years (since 2002). 44,000+ units delivered

Financial strength

Following its go-private transaction in 2022, DAMAC is 100% held by the Sajwani family. The company reports multi-billion-dollar annual revenues and maintains meaningful geographic diversification that helps mitigate market-specific risk.

Founded2002
FounderHussain Sajwani
HQDubai, UAE
TypePrivate (delisted from DFM in 2022)
Active projects41
Entry pricefrom 577K AED
SIGNATURE COMMUNITIES

DAMAC Properties flagship destinations.

Villa & Golf Community
DAMAC Hills
DAMAC's flagship master community — built around the Trump International Golf Club. Offers villas, townhouses, and apartments.
Family Community
DAMAC Hills 2 (Akoya)
A more affordable extension of DAMAC Hills — villas and townhouses at accessible price points.
Artificial Lagoon Community
DAMAC Lagoons
Eight Mediterranean-themed sub-clusters (Santorini, Nice, Marbella) featuring crystal lagoons and private beach areas.
Tropical Island Community
DAMAC Islands
A new development comprising eight islands inspired by tropical destinations — Maldives, Fiji, Seychelles. Luxury apartments and townhouses throughout.
WHAT SETS THEM APART

What makes DAMAC Properties special.

Property types Luxury apartmentsVillasTownhousesBranded residencesPenthouses
Price segment Luxury

Signature style

DAMAC is Dubai's benchmark luxury developer — built on exclusive partnerships with global fashion houses and lifestyle brands. Every development carries a carefully crafted identity (golf, lagoons, island living), with a consistent emphasis on bold architecture and signature branded interiors.

Payment plans

DAMAC offers some of the market's most attractive payment structures — typically 1% per month during the construction phase, with post-handover options (payments continuing for a set period after key collection) available on selected projects.

THE HONEST VIEW

Strengths & considerations.

Where DAMAC Properties shines
  • Brand platform advantage — branded units (Versace, Cavalli) command premium rental rates
  • Highly competitive payment plans — 1% per month during construction, with optional post-handover schedules
  • Broad portfolio range — from Akoya (affordable entry) to Cavalli Tower (ultra-premium)
  • Globally recognised brand — strong appeal to international buyers across all markets
Worth considering
  • Luxury segment entry costs — pricing is relatively high compared with boutique developers
  • Moderate rental yields on premium and loft-style units (5–7%)
  • DAMAC Hills is relatively remote — car dependency is high
  • New lagoon and island projects carry extended delivery timelines (2027–2030)
41 ACTIVE PROJECTS

All projects by DAMAC Properties.

Live from the catalog — sorted cheapest first. Click any card for the full property page.

OFF-PLAN
DAMAC Hills 2 · Dubai

Elo 2 at Damac Hills 2, Dubai

1-2 Bedroom Handover June 2027
From
577,000 AED
OFF-PLAN
Damac Lagoons · Dubai

Damac Valencia at Damac Lagoons, Dubai

Studio, 1 Bedroom Handover Q1 2029
From
725,000 AED
OFF-PLAN
Investment Park · Dubai

Damac Riverside Views at Dubai Investments Park, Dubai

1-2 Bedroom Handover Q2 2028
From
888,000 AED
READY
Damac Hills · Dubai

Damac Kiara at Damac Hills, Dubai

Studio, 1-2 Bedroom Handover Ready
From
914,550 AED
OFF-PLAN
Damac Lagoons · Dubai

Andalusia at Damac Lagoons, Dubai

1-2 Bedroom Handover Q1 2027
From
979,000 AED
OFF-PLAN
DAMAC Hills 2 · Dubai

ELO 3 at DAMAC Hills 2, Dubai

1-2 Bedroom Handover Q4 2026
From
1,033,000 AED
OFF-PLAN
Damac Hills · Dubai

Damac District at Damac Hills, Dubai

Retail Space, 1-2 Bedroom Handover Q1 2029
From
1,100,000 AED
UNDER CONSTRUCTION
Dubai Investments Park · Dubai

Damac Riverside Views at Dubai Investments Park, Dubai

1 Bedroom, 2 Bedroom Handover Q4 2028
From
1,238,000 AED
OFF-PLAN
Damac Lagoons · Dubai

Damac Lagoon Views – Phase 2 at Damac Lagoons, Dubai

1-2 Bedroom Handover Q2 2027
From
1,349,000 AED
OFF-PLAN
Damac Lagoons · Dubai

Damac Views 11 at Damac Lagoons, Dubai

1-2 Bedroom Handover Q2 2027
From
1,512,000 AED
OFF-PLAN
Damac Hills · Dubai

Damac Golf Greens at Damac Hills, Dubai

1-3 Bedroom Handover Q1 2027
From
1,661,000 AED
OFF-PLAN
Al Marjan Island · Ras Al Khaimah

Damac Shoreline at Al Marjan Island, Ras Al Khaimah

1-5 Bedroom Handover Q3 2028
From
1,830,000 AED
OFF-PLAN
DAMAC Hills 2 · Dubai

DAMAC Natura at Damac Hills 2, Dubai

4 Bedroom Handover June 2026
From
1,830,000 AED
OFF-PLAN
DAMAC Hills 2 · Dubai

Damac Violet at Damac Hills 2, Dubai

4 Bedroom Handover Q2 2027
From
1,870,000 AED
OFF-PLAN
Damac Hills · Dubai

Damac Golf Gate 2 at Damac Hills, Dubai

2 Bedroom Handover Q1 2027
From
1,873,000 AED
OFF-PLAN
Damac Lagoons · Dubai

Damac Marbella Townhouses and Villas at Damac Lagoons, Dubai

4-5 Bedroom Handover Q2 2026
From
1,900,000 AED
OFF-PLAN
DAMAC Hills 2 · Dubai

Violet 4 at DAMAC Hills 2, Dubai

4 Bedroom Handover Q3 2027
From
1,956,000 AED
OFF-PLAN
Sheikh Zayed Road · Dubai

Damac Safa Gate at Sheikh Zayed Road, Dubai

1-2 Bedroom Handover Q1 2029
From
1,990,000 AED
OFF-PLAN
Dubai South · Dubai

Damac Riverside at Dubai Investment Park Second

4-5 Bedroom Handover Q1 2027
From
1,990,000 AED
OFF-PLAN
Damac Lagoons · Dubai

Damac Ibiza Townhouses at Damac Lagoons, Dubai

4-5 Bedroom Handover Q2 2026
From
2,100,000 AED
OFF-PLAN
Al Wasl · Dubai

Damac The Sapphire at Al Wasl, Dubai

1-5 Bedroom Handover Q1 2029
From
2,160,000 AED
OFF-PLAN
Maritime City · Dubai

Damac Chelsea Residences 2 at Maritime City, Dubai

1-3 Bedroom Handover Q4 2027
From
2,170,000 AED
OFF-PLAN
DAMAC Islands · Dubai

Bora Bora Residences at DAMAC Islands, Dubai

4-7 Bedroom Handover Q4 2029
From
2,250,000 AED
OFF-PLAN
DubaiLand · Dubai

Damac Islands at Dubailand, Dubai

4-7 Bedroom Handover Q4 2029
From
2,250,000 AED
OFF-PLAN
DAMAC Islands · Dubai

Maldives at Damac Islands, Dubai

4-7 Bedroom Handover Q4 2029
From
2,250,000 AED
OFF-PLAN
DubaiLand · Dubai

Damac Sun City at Dubai Land, Dubai

4-5 Bedroom Handover Q1 2028
From
2,250,000 AED
PRE-LAUNCH
DAMAC Islands · Dubai

FIJI at Damac Islands, Dubai

4-5 Bedroom Handover Announcing - Soon
From
2,251,000 AED
OFF-PLAN
DAMAC Islands · Dubai

Seychelles at Damac Islands, Dubai

4-5 Bedroom Handover Q4 2029
From
2,400,000 AED
PRE-LAUNCH
DAMAC Islands · Dubai

Hawaii at Damac Islands, Dubai

4-5 Bedroom Handover Q2 2029
From
2,400,000 AED
PRE-LAUNCH
DAMAC Islands · Dubai

Bali at Damac Islands, Dubai

4-6 Bedroom Handover Announcing - Soon
From
2,400,000 AED
OFF-PLAN
Dubai Marina · Dubai

DAMAC Bay 2 by Cavalli at Dubai Harbour

1, 2 & 3 Bedrooms Handover Jan - 2028
From
2,990,000 AED
PRE-LAUNCH
DAMAC Islands · Dubai

Damac Islands 2 Antigua at Damac Islands 2, Dubai

4-5 Bedroom Handover Q4 2030
From
2,994,000 AED
READY
Media City · Dubai

Damac Cavalli Tower at Dubai Media City, Dubai

2-3 Bedroom Handover Q1 2026
From
3,159,999 AED
OFF-PLAN
Damac Hills · Dubai

Damac Utopia Villas at Damac Hills, Dubai

6-7 Bedroom Handover Q4 2026
From
24,112,000 AED
OFF-PLAN
Al Wasl · Dubai

Damac Cavalli Couture at Al Wasl, Dubai

3-5 Bedroom Handover Q2 2025
From
24,904,000 AED
READY
Damac Hills · Dubai

Trump Villa Bel Air by Damac at Damac Hills, Dubai

9 Bedroom Handover Ready
From
27,832,000 AED
PRE-LAUNCH
Damac Lagoons · Dubai

Damac Piazza Roma at Damac Lagoons, Dubai

Will Be Updated Soon Handover Q2 2030
From
AED
PRE-LAUNCH
Damac Hills · Dubai

Damac Ivory at Damac Hills, Dubai

Will Be Updated Soon Handover Announcing - Soon
From
AED
PRE-LAUNCH
Maritime City · Dubai

Damac Chelsea Residences at Maritime City, Dubai

Will Be Updated Soon Handover Announcing - Soon
From
AED
PRE-LAUNCH
[Damac Seacrest at Maritime City, Dubai]
Maritime City · Dubai

Damac Seacrest at Maritime City, Dubai

1-3 Bedroom Handover Announcing - Soon
From
AED
PRE-LAUNCH
Al Marjan Island · Ras Al Khaimah

Damac Elite Beachside at Al Marjan Island, Ras Al Khaimah

Will Be Updated Soon Handover Announcing - Soon
From
AED
GOOD TO KNOW

Common questions about DAMAC Properties.

Is DAMAC a reliable developer?+

DAMAC is one of Dubai's largest and most established developers, active since 2002 with over 44,000 units delivered. While some earlier projects experienced delays, recent developments have progressed on schedule.

What is the difference between DAMAC Hills 1, Hills 2, and Lagoons?+

DAMAC Hills 1 is the original, premium community centred on the Trump Golf Club. DAMAC Hills 2 (Akoya) is a more affordably priced extension. DAMAC Lagoons is a newer community built around artificial crystal lagoons, positioned in the mid-luxury segment.

What are DAMAC's most notable brand partnerships?+

DAMAC is widely regarded as the pioneer of branded residences in Dubai, with landmark collaborations including Versace, Roberto Cavalli, de GRISOGONO, Paramount Hotels, and Trump Golf.

What does a typical DAMAC payment plan look like?+

DAMAC's standard structure is 1% per month during the construction period. On selected projects, post-handover payment plans are also available, allowing buyers to continue instalments for 2–3 years after receiving their keys.

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