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Damac Properties Dubai

DAMAC Properties is one of the leading luxury real estate developers in the Middle East, founded in 2002 as part of the larger DAMAC Group, which has been active since 1982. Headquartered in Dubai, the company has delivered over 48,000 homes and has more than 50,000 units currently under development or planning. DAMAC is known for its upscale residential, hospitality, commercial, and mixed-use projects, with a strong focus on premium living experiences. The company was founded by Hussain Sajwani, who also served as its Chairman and played a pivotal role in positioning DAMAC as a globally recognized brand in luxury real estate.


DAMAC has a global presence with developments not only across the UAE and the GCC but also in countries like the UK, the US, Jordan, Lebanon, Qatar, and the Maldives. The company holds international certifications such as ISO 9001 and ISO 14001 and has received over 100 awards in categories such as design excellence, facility management, and hospitality.

Damac Properties Dubai

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Damac Properties For Sale

DAMAC Properties' completed developments across Dubai reflect the brand’s strong commitment to luxury living and modern design. With a diverse portfolio that includes high-rise apartments, premium villas, and stylish townhouses, DAMAC has delivered thousands of residential units in well-planned communities like DAMAC Hills, DAMAC Hills 2, and Business Bay. Each project is designed to offer a complete lifestyle with world-class amenities, green spaces, and strong investment value.


Key Highlights of DAMAC Properties


1. Luxury Real Estate Focus

Specializes in high-end residential, commercial, and leisure properties across the UAE and international markets.


2. Prime Locations

Developments are strategically located in prestigious areas such as Dubai Marina, Business Bay, and Dubai Hills.


3. Collaborations with Global Brands

Partnerships with renowned names such as Versace, Fendi, Roberto Cavalli, and Paramount Hotels & Resorts.


4. Luxury Amenities

Properties often include high-end features like private pools, spas, fitness centers, and concierge services.


5. International Presence

Projects in global cities beyond Dubai, including London, Riyadh, Beirut, and more.


6. Innovative Design & Architecture

Emphasis on cutting-edge design, high-quality materials, and modern aesthetics.


Property Types Offered by DAMAC Properties


1. Apartments

  • Studio, 1–5 Bedroom Units
  • Available in high-rise towers and branded residences
  • Located in Business Bay, Dubai Marina, JVC, Safa Park, and Dubai Harbour
  • Often come fully furnished with luxury finishes and views (canal, golf, or sea)


2. Villas

  • 3–7 Bedroom independent homes
  • Located in DAMAC Hills, DAMAC Hills 2, and DAMAC Lagoons
  • Options include golf-course, park-facing, and branded villas (e.g., Trump Estates, Cavalli Villas)


3. Townhouses

  • 3–5 Bedroom units in master-planned communities
  • Common in DAMAC Lagoons, DAMAC Hills 2, and some areas of DAMAC Hills
  • Affordable and family-friendly with community amenities


4. Penthouses

  • Ultra-luxury units with expansive layouts and panoramic views
  • Found in high-end towers like DAMAC Heights, Cavalli Tower, and DAMAC Bay
  • Often include private pools, high ceilings, and smart-home features


5. Mansions

  • Limited-edition luxury homes with bespoke interiors and prime views
  • Available in Trump Estates, Cavalli Estates, and DAMAC Lagoons (Venice, Morocco)
  • Feature private cinemas, elevators, rooftop terraces, and large plot sizes


6. Serviced Apartments

  • Fully furnished and hotel-managed units
  • Ideal for short-term stays and investors (high ROI potential)
  • Found in DAMAC Maison properties (Prive, Cour Jardin, Majestine)


7. Commercial Properties

  • Office spaces and retail units in towers like DAMAC Business Tower, Executive Bay, Smart Heights
  • Ideal for startups, SMEs, and businesses seeking premium locations



Top Damac Properties Off-Plan Projects


1. DAMAC Lagoons


  • Overview: One of Dubai’s most in-demand off-plan communities offering themed clusters inspired by Mediterranean destinations like Santorini, Morocco, Venice, and Malta.
  • Unit Types: 3–6 bedroom townhouses and villas
  • Starting Price: From AED 1.9M
  • Status: Under construction; phased handovers from 2025 onward


2. Cavalli Tower


  • Overview: A high-end branded tower in Dubai Marina with interiors by Roberto Cavalli, featuring sea-facing apartments and sky villas.
  • Unit Types: 1–5 bedroom apartments and duplex penthouses
  • Starting Price: From AED 1.7M
  • Status: Under development


3. DAMAC Bay by Cavalli


  • Overview: A luxurious beachfront project in Dubai Harbour, offering resort-style amenities and iconic waterfront views.
  • Unit Types: 1–5 bedroom apartments
  • Starting Price: From AED 2.9M
  • Status: Launched; under construction


4. Safa One & Safa Two by de GRISOGONO


  • Overview: Twin towers on Sheikh Zayed Road with branded interiors and futuristic design, inspired by Swiss jewelry brand de GRISOGONO.
  • Unit Types: Studios to 3-bedroom apartments
  • Starting Price: From AED 1.6M
  • Status: Off-plan; handover expected by 2026


Top Damac Properties Ready to Move-In Projects


1. DAMAC Hills (Akoya by DAMAC)


  • Overview: A well-established, fully functional master community built around Trump International Golf Club. Offers apartments, villas, and townhouses with retail, schools, and parks.
  • Unit Types: Studios to 6-bedroom villas
  • Ready Units: Golf Vita, Bellavista Towers, Trump Estates
  • Starting Price: Apartments from AED 550K; villas from AED 2.2M


2. DAMAC Maison Prive (Business Bay)


  • Overview: Twin-tower luxury serviced apartments overlooking the Dubai Canal, ideal for investors and short-term rental buyers.
  • Unit Types: Studios, 1–2 bedroom serviced units
  • Ready Units: Fully furnished
  • Starting Price: From AED 850K


3. DAMAC Hills 2 (Akoya Oxygen)


  • Overview: A completed eco-friendly community with clusters of villas and townhouses offering green views and a wide range of family amenities.
  • Unit Types: 3–6 bedroom villas and townhouses
  • Clusters: Victoria, Aster, Amazonia
  • Starting Price: From AED 1.3M


4. DAMAC Majestine (Business Bay)


  • Overview: Fully furnished luxury apartments offering hotel-style living close to Downtown Dubai.
  • Unit Types: Studios to 2-bedroom units
  • Starting Price: From AED 900K


Top DAMAC Beachfront Projects


1. DAMAC Bay by Cavalli


Overview: A luxury waterfront development offering 1–5 bedroom branded apartments with panoramic sea views and Cavalli-styled interiors. The project features private beaches, floating infinity pools, and marine-inspired wellness facilities

  • Location: Dubai Harbour
  • Starting Price: From AED 2.9 Million.


2. DAMAC Bay 2 by Cavalli


Overview: A sequel to the original DAMAC Bay, this tower boasts a dramatic architectural design, sky gardens, and direct access to a private beach. Offers ultra-luxury apartments and duplex units with high-end finishes.

  • Location: Dubai Harbour
  • Starting Price: From AED 3.3 Million


3. Cavalli Couture


Overview: While not directly beachfront, this waterfront project offers sweeping water views and ultra-premium amenities. Each unit has private pools, custom Cavalli interiors, and expansive terraces overlooking the canal.

  • Location: Safa Park, overlooking the Dubai Canal & Burj Khalifa
  • Starting Price: From AED 18 Million


4. Coral Reef by DAMAC


Overview: A unique seafront development blending art and architecture, featuring digital art sculptures by Vincent Faudemer. Offers a mix of 1–3 bedroom apartments with modern finishes and views of the Arabian Gulf.

  • Location: Dubai Maritime City
  • Starting Price: From AED 1.6 Million


5. The Sapphire by DAMAC (Upcoming)


Overview: An exclusive beachfront tower recently announced, expected to offer ultra-luxury apartments and penthouses with uninterrupted views of Palm Jumeirah and the Arabian Sea. Details pending official launch.

  • Location: Al Sufouh / Palm View
  • Starting Price: To be announced


Damac Off-Plan Property Prices


DAMAC offers a wide range of off-plan properties across Dubai, catering to buyers looking for flexible payment options and modern designs. Prices vary depending on location, brand partnerships, views, and unit sizes.


1. Offplan Apartments


  • Starting from AED 577,000
  • Locations: DAMAC Hills 2, ELO Towers, Safa One & Two
  • Studio to 2-Bedroom layouts with flexible payment plans and modern amenities


2. Offplan Villas


  • Starting from AED 1.3 million
  • Locations: DAMAC Lagoons, DAMAC Hills 2, DAMAC Riverside
  • 3 to 5-bedroom family villas with options for water-themed and golf community living


3. Offplan Townhouses


  • Starting from AED 1.2 million
  • Locations: DAMAC Lagoons, DAMAC Hills 2
  • Mediterranean-themed clusters with 3–4 BR options and community amenities


4. Offplan Penthouses


  • Starting from AED 4.5 million
  • Locations: DAMAC Bay by Cavalli, Safa One
  • High-rise luxury units with sea views, branded interiors, and rooftop amenities


5. Offplan Mansions


  • Starting from AED 15 million
  • Locations: Cavalli Estates, DAMAC Lagoons Venice, DAMAC Utopia
  • Ultra-luxury estates featuring expansive layouts, private pools, and smart-home automation


Damac Ready Properties for Sale Prices


DAMAC also has a substantial portfolio of ready-to-move-in properties for buyers seeking immediate occupancy or rental income.


1. Damac Apartments For Sale (Ready)


  • Starting from AED 700,000
  • Available in DAMAC Hills, DAMAC Heights, Business Bay
  • Fully fitted and furnished options with access to lifestyle facilities


2. Damac Villas For Sale (Ready)


  • Starting from AED 1.6 million
  • DAMAC Hills, The Park Villas, Golf Vita
  • Available with landscaped gardens, golf views, and full handover


3. Damac Townhouses For Sale (Ready)


  • Starting from AED 1.4 million
  • Limited inventory in DAMAC Hills and Akoya Oxygen
  • Spacious layouts, some with rooftop terraces and backyards


4. Damac Penthouses For Sale (Ready)


  • Starting from AED 6 million
  • Locations: DAMAC Heights, Ocean Heights, Safa One
  • Premium skyline views, marble finishing, and private elevators in select units


5. Damac Mansions Townhouses For Sale (Ready)


  • Starting from AED 18 million
  • Locations: DAMAC Hills (Trump Estates), Beverly Hills Boutique Villas
  • Gated, luxury residences with private pools, multi-car garages, and elite features



Completed Units by Damac Properties


DAMAC Properties has delivered over 48,000 units across Dubai and international markets as of 2024. These completed projects span high-rise apartments, luxury villas, townhouses, and branded residences, offering options for both end-users and investors.


1. Apartments


Total Units Delivered: Approx. 30,000+

Locations: DAMAC Hills, DAMAC Heights, Business Bay, JVC, Dubai Marina, Al Safa, and London (Nine Elms)


Notable Completed Projects:


  • DAMAC Maison Prive (Business Bay) – Luxury serviced apartments
  • DAMAC Heights (Dubai Marina) – High-end tower with panoramic views
  • DAMAC Majestine (Business Bay) – Fully furnished units with hotel-like services


2. Villas


Total Villas Completed: Approx. 12,000+

Locations: DAMAC Hills, The Park Villas, Trump Estates, DAMAC Hills 2 (formerly Akoya Oxygen)


Notable Completed Projects:

  • Trump Estates (DAMAC Hills) – Premium golf-course villas with Trump-branded finishes
  • Brookfield & Queens Meadows (DAMAC Hills) – Independent family villas
  • Victoria & Amazonia (DAMAC Hills 2) – Affordable eco-living villas


3. Townhouses


Total Townhouses Delivered: Approx. 6,000+

Locations: DAMAC Hills, DAMAC Hills 2, and select clusters in DAMAC Lagoons (initial phases)


Notable Completed Projects:

  • Akoya Fresh, Akoya Imagine, and Aster (DAMAC Hills 2) – Compact family-friendly layouts
  • Pelham & Richmond (DAMAC Hills) – Park-facing townhouses
  • Trump Estates (DAMAC Hills) – Premium golf-course villas with Trump-branded finishes
  • Brookfield & Queens Meadows (DAMAC Hills) – Independent family villas
  • Victoria & Amazonia (DAMAC Hills 2) – Affordable eco-living villas


4. Serviced Residences & Branded Projects


Total Delivered Units: Estimated 5,000+


Notable Projects:

  • DAMAC Towers by Paramount Hotels & Resorts
  • DAMAC Maison Cour Jardin
  • DAMAC Maison Canal Views



Investment Perspective – DAMAC Properties

Investing in DAMAC Properties offers both capital appreciation and healthy rental yields, especially in emerging communities and branded developments. Here's why DAMAC continues to be an attractive option for investors:

1. Strong Rental Yields

  • Apartments in DAMAC Hills 2: Average rental yield of 6%–8%, higher than many central Dubai locations due to affordable entry prices and high demand from end-users.
  • Townhouses in DAMAC Lagoons: Generate yields around 5.5%–7%, with 3BR units renting for AED 90K–120K annually.
  • Branded apartments (e.g., Cavalli, Paramount): Premium units command higher rental rates and occupancy, especially among expats and corporate tenants.


2. Capital Appreciation

  • DAMAC Lagoons: Townhouses that launched in 2021 for ~AED 1.3M are now selling in the AED 1.9M–2.2M range—showing over 35% appreciation in less than 3 years.
  • Safa One by de GRISOGONO: Off-plan units have appreciated 10%–15% pre-handover due to strong brand appeal and Sheikh Zayed Road location.


3. Flexible Payment Plans

  • Most off-plan projects offer 0–20% down payments with 3–7 year payment structures, making it ideal for first-time buyers or investors with limited upfront capital.


4. Golden Visa Eligibility

  • Properties valued at AED 2 million+ qualify buyers for the 10-year UAE Golden Visa, adding long-term residency value.


5. Resale Activity

  • High demand in the secondary market, especially in DAMAC Hills and Lagoons, makes DAMAC properties relatively liquid assets compared to lesser-known developers.



Awards & Recognition Of Damac Properteis

While the company highlights over 100 international awards in architecture, hospitality, and marketing, it also garners media attention for its brand partnerships (e.g. global sponsorship with Chelsea FC and previously with Trump Organization, Versace, etc.)

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REASONS TO INVEST WITH DAMAC PROPERTIES DUBAI

Unlock extraordinary opportunities with strategic investments in DAMAC Hills, one of Dubai’s most prestigious communities. With its prime location, exceptional craftsmanship, and world-class amenities, DAMAC Hills offers high rental yields and consistent market demand. Backed by a trusted developer with a proven track record, your investment is secure, delivering long-term value and impressive returns in Dubai’s booming real estate market.

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