Damac Properties

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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 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 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 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

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.

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

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.