damac-properties

Your Guide to Damac Properties in UAE
Who Is Damac Properties?
Damac Dubai , officially known as Damac Properties Dubai Co. LLC, is the UAE’s largest private real estate developer. Founded in 2002 by Hussain Sajwani and headquartered in Dubai, Damac Dubai operates regionally and internationally, delivering luxury residential, commercial, hospitality, retail, and mixed-use developments across the UAE, Saudi Arabia, Qatar, Iraq, and beyond.
The property development division was established in 2002 and has since grown into a globally recognised brand, spanning master communities, luxury residential towers, and island resort residences. Their approach blends modern architecture, sustainable design, and luxury living to create communities that appeal equally to investors and end-users.
Scale and Delivery Track Record
Since inception, the company has delivered around 50,000 residential units, with more than 54,000 units currently under construction. In 2025, Damac recorded AED 36 billion in property sales, ranking first among Dubai’s private real estate developers. The developer places significant emphasis on off-plan development, allowing buyers to secure properties early through structured payment plans while projects are under construction.
Landmark Projects and Recent Launches
Damac projects span some of Dubai’s most recognised addresses. DAMAC Hills is a master community in Dubailand built around the Trump International Golf Club, offering luxury villas, townhouses, and apartments. DAMAC Hills 2 ??? formerly AKOYA Oxygen ??? is a nature-centric community along the Emirates Road corridor, known for cycling tracks, open green spaces, and family-oriented living. Damac Towers by Paramount Hotels and Resorts in Business Bay delivers hotel-serviced luxury apartments targeting professionals and investors seeking strong rental yields. Damac Lagoons is a Mediterranean-inspired waterfront community offering townhouses and villas with private lagoons and sandy beaches.
Record-Breaking Sales Milestones
Recent launches have raised the bar considerably. In November 2024, DAMAC Islands generated over AED 10.2 billion in sales in under 24 hours, earning a Guinness World Records title for the highest revenue from a real estate launch in a single day. DAMAC Islands 2 then surpassed that record in November 2025, generating AED 11 billion in sales within five hours. Chelsea Residences by DAMAC, developed in partnership with Chelsea Football Club, is positioned on Dubai Maritime City ??? one of the last prime waterfront corner plots in the city, offering 270-degree views of the Arabian Gulf and the Dubai skyline.
Benefits of Investing in Damac Properties Off Plan Projects
Reliable Delivery and Construction Quality
Investors in Damac Properties off plan projects benefit from a combination of factors that are difficult to find under one developer. Damac’s delivery record supports confident off-plan investment, with finished units consistently handed over on schedule across major communities. The developer has delivered over 50,000 residential units since 2002, with 54,000 units currently under construction across multiple markets.
Flexible Payment Plans
Communities are planned with extensive amenities ??? including parks, fitness centres, retail zones, swimming pools, and entertainment facilities. Damac Dubai projects offer flexible payment plans, including 70/30 and 80/20 structures, as well as post-handover instalment options on selected developments. Throughout 2025, Damac introduced new payment plans and banking partnerships aimed at broadening investor access to off-plan and ready properties. Strategic locations, from Business Bay to Dubailand, further strengthen long-term appreciation potential.
Top Damac Communities and Developments in UAE
DAMAC Hills
A golf-course master community in Dubailand, centred on the Trump International Golf Club. It offers villas and townhouses in a self-contained residential environment, popular with families and international buyers seeking a structured community lifestyle.
DAMAC Hills 2
Formerly AKOYA Oxygen, this community extends along the Emirates Road corridor and offers apartments, villas, and townhouses within a nature-focused setting. It appeals to families who prioritise space, greenery, and outdoor amenities.
Damac Towers by Paramount ??? Business Bay
Hotel-style luxury apartments with premium services in one of Dubai’s most active commercial districts. The development targets professionals and yield-focused investors, benefiting from Business Bay’s proximity to Downtown Dubai and the Dubai Canal.
Damac Lagoons
A Mediterranean-themed waterfront community in Dubailand offering townhouses and villas alongside private lagoons, sandy beaches, and leisure facilities. Inspired by coastal destinations across the Mediterranean, it targets families and lifestyle buyers.
DAMAC District
Launched in 2025 within the DAMAC Hills master community, DAMAC District adds an integrated residential and mixed-use component to an already established neighbourhood, attracting buyers looking for long-term community growth.
Chelsea Residences by DAMAC
Developed in partnership with Chelsea Football Club and located at Dubai Maritime City, this branded residence combines global sports identity with a rare waterfront address. It offers unobstructed 270-degree views of the Arabian Gulf and the Dubai skyline.
Why Choose Damac Properties?
Market Leadership and Global Partnerships
Damac Properties holds the number one position among private real estate developers in the UAE and the Middle East. The company has received numerous industry awards and maintains a portfolio of high-profile global partnerships, including Versace, Roberto Cavalli, Paramount Hotels and Resorts, and Chelsea Football Club.
Sustainability and Governance
Damac Dubai received its first MSCI Provisional ESG Rating, scoring (p) A, reflecting a growing commitment to sustainable development and responsible governance. The developer has integrated global sustainability frameworks into its reporting and expanded its internal policies on ethical conduct, data protection, and anti-corruption practices.
After-Sales Support
Dedicated after-sales support ensures long-term peace of mind for investors. Damac Properties Dubai gives buyers access to premium, well-located communities with a two-decade track record of consistent performance.
Frequently Asked Questions
Q: How much do Damac Properties off plan projects cost? A: Prices vary by project, unit type, and location. Entry points range from competitively priced apartments in DAMAC Hills 2 to premium villas and penthouses in DAMAC Hills and Dubai Maritime City. Consult the specific project’s pricing sheet for current figures.
Q: What makes Damac projects a good investment? A: Damac developments are positioned in high-demand locations, offer premium construction and amenities, and carry a strong record in both resale and rental markets. The developer’s Guinness World Records-recognised launch performance and AED 36 billion in 2025 sales reflect sustained buyer confidence. Flexible payment plans also help investors manage capital outlay efficiently.
Q: What payment plans does Damac Properties offer? A: Flexible structures include 70/30, 80/20, and post-handover instalment plans. In 2025, Damac also introduced new banking partnership arrangements to further broaden access for both local and international buyers.
Q: Are off-plan projects from Damac suitable for foreign investors? A: Yes. Damac projects are popular among international investors due to their freehold status, prime locations, luxury specifications, and strong rental income potential. The developer attracts buyers from across Europe, Asia, the Middle East, and Africa.