DAMAC Properties

The region’s leading luxury real estate developer for residential, commercial and leisure properties.

Established in 2002, DAMAC Properties forms part of the DAMAC Group in Dubai, a developer renowned for crafting exceptional residential and commercial properties in the UAE as well as internationally. DAMAC, with a global presence in the UK, Saudi Arabia, and Qatar, stands as a leader in luxury lifestyle property. DAMAC developments represent excellence, sophistication, as well as enduring value.

 

With an illustrious reputation for delivering iconic developments, DAMAC changed the residential landscape of Dubai by providing a variety of properties from luxurious villas to high-end apartments in Dubai.

Why Invest in DAMAC Properties Projects?

Damac Properties

Top 5 Reasons to Invest in DAMAC Properties

DAMAC projects are located in Dubai’s most desirable locations, making them highly visible as well as in demand.

Collaborations with international icons such as Versace, Cavalli, and de GRISOGONO convey prestige, style, as well as resale value.

Investors profit from robust returns, fueled by the thriving property market in Dubai and DAMAC’s luxury brand.

From golf courses to design interiors, DAMAC provides unparalleled lifestyle and leisure experiences.

With a proven history of successful delivery, DAMAC is a brand you can rely upon in terms of quality and performance.

Luxury Homes in Dubai

Key Stats & Achievements

Key Stats & Achievements DAMAC Properties was founded in 2002 and has developed 45,000+ residences in gateway markets worldwide. Synonymous with luxury living, DAMAC has paired with premium brands such as Cavalli, Versace, and de GRISOGONO, with its iconic projects including DAMAC Hills and Lagoons.
  • Forbes Middle East’s Top 100 Arab Companies
  • Best Luxury Real Estate Developer – Arabian Property Awards
  • Several awards for branded residences (Versace, Cavalli, de GRISOGONO)

DAMAC Properties for sale

At DAMAC Properties, we hold the vision that luxury resides in bold architecture and uncompromising standards. Motivated by a desire to achieve excellence, we develop more than apartments — we offer iconic living, where each detail is designed to awe and inspire.

Luxury properties in Dubai

Industry Recognitions

Numerous recognitions have accrued to DAMAC Properties for its contribution to high-end real estate in the region and worldwide. Awarded for excellence in architecture, innovation, and design for lifestyle, DAMAC continues to be among the highest-ranking developers in the GCC. Award-winning developments, combined with high-profile joint ventures, serve to strengthen its position as a leader in high-end property development.

DAMAC Properties FAQs

DAMAC was founded by Hussain Sajwani, who serves as Company Chairman. Sajwani, a renowned Emirati businessman, is one of the most prominent figures in regional real estate and investments. Under his leadership, DAMAC has ascended to become one of the region’s most dominant high-end property developers, with a reputation for groundbreaking developments as well as international brand collaborations.

DAMAC Properties’ flagship developments in Dubai comprise DAMAC Hills, a high-end golf community comprising villas, apartments, and world-class facilities; DAMAC Lagoons, a lively waterfront project with thematic lagoons and an energetic lifestyle; Akoya Oxygen, a green community centered around wellness, health, and eco-friendliness; and AYKON City, a mixed-use project in Business Bay with luxury residences and offices. These flagship developments reflect DAMAC’s commitment to luxury, innovation, and offering unique living experiences.

Yes, DAMAC Properties stands out as a renowned and esteemed luxury property developer in the UAE as a whole, as well as in the region. With a reputation for quality developments, unique designs, and prime locations, DAMAC has handed over thousands of residences to date, with a solid reputation for timely deliveries. Their collaborations with global luxury brands, as well as emphasis on high-end lifestyle living amenities, further support their credibility in the eyes of investors and residence buyers.

Its head office resides in Dubai, United Arab Emirates. The principal office of DAMAC Properties can be found at DAMAC Executive Heights, 20th Floor, Barsha Heights, Dubai, 2195.

Yes, most DAMAC Properties in Dubai reside in freehold areas, which grant full rights of possession to non-UAE nationals. The developments, including DAMAC Hills, DAMAC Lagoons, and DAMAC Hills 2, feature a variety of luxury villas, townhouses, as well as apartments in top, government-designated freehold areas. This provides investors and occupiers with secure, absolute rights of possession in some of Dubai’s most desirable communities.
Flexible payment solutions by DAMAC Properties accommodate different buyer requirements. DAMAC Properties provides a widely used 1% payment plan, which allows buyers to pay only 1% of the purchase price of a property every month, making luxury property more affordable. At off-plan developments, a down payment of 10–20% is made by buyers, with installments in stages during construction, then a pay-out at handover. Post-handover arrangements allow buyers to stretch payment over 2 to 5 years after taking possession. Tailor-made plans can also be made available for bulk buyers. These plans have flexibility to enable buyers to make their investments comfortably.
DAMAC Properties concentrates most of its attention in Dubai, with principal developments in locations such as Business Bay and Dubai Marina. It also provides high-end developments in other Emirates, including Abu Dhabi, with Opula Residences, and Ras Al Khaimah, with Al Hamra Lagoon. It only has limited presence outside of Dubai, but DAMAC continues to grow selectively in the UAE.

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