DAMAC Properties developer
Apartments in premium class new buildings
★ Master developer
About DAMAC Properties
DAMAC Properties is one of the largest real estate developers in the UAE. The company has been in existence for over 20 years and is the first real estate company in the Middle East to be listed on the London Stock Exchange.
DAMAC Group was the leading developer of the Business Bay district at the time of its inception. To this day, the company continues to build new projects in the area. Another major DAMAC project is the development of DAMAC Hills, DAMAC Hills 2 and DAMAC Lagoons. DAMAC projects are sought-after because of the luxurious design and high-end amenities of their apartment towers and villas.
DAMAC owner — Hussain Sajwani. Sales office — Ocean Heights, Metro Station, Al Sharta St, Dubai, United Arab Emirates.
- year of entering the market
- 2015
- residential complexes in the portfolio
- 60
DAMAC Properties projects
24 listings in total
Completion in: 2027.I
Safa Two de GRISOGONO — futuristic residential complex by DAMAC with designer finishes at the edge of Business Bay, Dubai
From $601,000
Completion in: 2027.II
Canal Crown — residential complex by DAMAC with swimming pools, aqua fitness equipment and observation deck in Business Bay, Dubai
From $747,000
Completion in: 2028.I
Golf Greens — new apartments in premium residential complex by DAMAC with the richest infrastructure in DAMAC Hills, Dubai
From $375,000
Completion in: 2027.III
Canal Heights de GRISOGONO — stylish high-rise residence by DAMAC in the prestigious business district of Business Bay, Dubai
From $736,000
Completion in: 2027.II
Harbour Lights — luxury high-rise waterfront residence by DAMAC with a private beach and a swimming pool in Dubai Maritime City
From $1,815,000
Completion in: 2028.I
Bay 2 by Cavalli — new luxury residence by DAMAC at 150 meters from the sea in Dubai Harbour
From $1,057,000
Completion in: 2028.I
New high-rise residence Volta with a swimming pool and a panoramic view close to Dubai Mall, Business Bay, Dubai, UAE
From $680,000
Completion in: 2028
New high-rise residence Damac Casa with swimming pools and gardens, Dubai Media city, Dubai, UAE
From $826,000
Completion in: 2026.III
DAMAC Safa One — apartments with swimming pools, surrounded by tropical plants in Al Safa 1, Dubai
From $798,000
Completion in: 2025.II
DAMAC Cavalli Couture Tower — luxury residence on the bank of the Dubai Water Canal in Al Safa 1, Dubai
From $5,964,000
Sold out
Completion in: 2025.IV
Malta townhouses surrounded by lagoons and sandy beaches, DAMAC Lagoons, Dubai, UAE
DAMAC Properties is a renowned luxury real estate developer based in Dubai, known for its high-end residential, commercial, and leisure properties across the region and beyond. Here are five of their top projects in Dubai, each showcasing the developer's commitment to luxury, quality, and innovation.
DAMAC Hills
This is a prestigious residential community offering a mix of apartments, townhouses, and villas surrounded by lush greenery and exceptional amenities. The development is famous for its Trump International Golf Club Dubai, luxurious spa and wellness facilities, and outdoor leisure spaces. It provides a serene lifestyle while being conveniently located within Dubai.
Akoya Oxygen (AKOYA by DAMAC)
This is a self-contained community emphasizing green living away from the city bustle. It's designed around the Trump World Golf Club Dubai by Tiger Woods Design. The community offers eco-friendly homes amidst green and sustainable surroundings, including parks, green open spaces, and private gardens. Akoya Oxygen is a testament to DAMAC's commitment to environmental sustainability without compromising on luxury.
DAMAC Towers by Paramount Hotels & Resorts
This iconic project consists of four towers, one of which is occupied by the Paramount Hotel & Resorts, offering a Hollywood-inspired lifestyle. The other three towers house luxury serviced residences. Located in the heart of Dubai, this development blends the glamour of Hollywood with the luxury of Dubai living, featuring high-end amenities, retail outlets, and entertainment facilities.
DAMAC Maison Distinction
This is a high-rise luxury tower offering serviced apartments in the Downtown Dubai area, close to major attractions like the Burj Khalifa and The Dubai Mall. It's designed for those seeking a blend of luxury, convenience, and exceptional service, with fully furnished apartments and premium amenities, including a spa, health club, and gourmet restaurants.
AYKON City
Envisioned as a mini-city within Dubai, AYKON City is a mixed-use development located on Sheikh Zayed Road. The project features residences, hotel apartments, a hotel, and office spaces, all with stunning views of the Dubai Canal and the city skyline. It's known for its architectural brilliance and strategic location, offering a comprehensive urban experience with entertainment, dining, and leisure facilities all within reach.
The best of DAMAC Properties according to Tranio
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Completion in: 2027.II
Canal Crown — residential complex by DAMAC with swimming pools, aqua fitness equipment and observation deck in Business Bay, DubaiFrom $747,000
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Completion in: 2026.III
DAMAC Safa One — apartments with swimming pools, surrounded by tropical plants in Al Safa 1, DubaiFrom $798,000
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Completion in: 2027.I
Safa Two de GRISOGONO — futuristic residential complex by DAMAC with designer finishes at the edge of Business Bay, DubaiFrom $601,000
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History of DAMAC Properties
DAMAC Properties stands as a testament to the vision and entrepreneurial spirit of its founder, Hussain Sajwani. Established in 2002, the company has grown to become one of the most prominent luxury real estate developers in the Middle East, with an expansive portfolio that includes residential, commercial, and mixed-use projects.
The story of DAMAC Properties is intertwined with the rapid development and transformation of Dubai into a global city. Recognizing the city's potential early on, Sajwani strategically positioned DAMAC to capitalize on Dubai's burgeoning real estate market, which opened up to foreign investors in 2002. This pivotal change allowed DAMAC Properties to attract international investors looking to partake in Dubai's luxury real estate boom.
From its inception, DAMAC Properties focused on delivering high-end, luxury developments, distinguished by their quality, innovation, and unique design. One of the early projects that put DAMAC on the map was the Marina Terrace, a high-rise residential tower in Dubai Marina, which set the tone for the company's future endeavours.
DAMAC Properties was also one of the first developers to introduce branded residences in Dubai, partnering with global luxury brands and celebrities. These partnerships have resulted in iconic developments such as the DAMAC Towers by Paramount Hotels & Resorts and the Trump International Golf Club Dubai at DAMAC Hills, blending luxury living with entertainment and leisure.
Despite facing challenges, including the 2008 global financial crisis, DAMAC Properties demonstrated resilience and adaptability. The company continued to innovate and expand its portfolio, not only within Dubai but also in other parts of the Middle East and beyond, including the United Kingdom, Lebanon, and Qatar.
In 2013, DAMAC Properties solidified its position in the market by becoming the first Middle Eastern real estate company to list on the London Stock Exchange. A few years later, it also listed on the Dubai Financial Market, further enhancing its credibility and attracting global investors.
Through strategic growth, iconic developments, and a focus on luxury and quality, DAMAC Properties has played a pivotal role in shaping Dubai's skyline and real estate market. The company's journey from a local developer to a global real estate powerhouse reflects the dynamic and innovative spirit of Dubai itself.
DAMAC Properties secondary real estate
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Built in 2019
Residence Prive with a kids' club and a spa area on the water’s edge of Business Bay's marina, Dubai, UAEFrom $240,000
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DAMAC Properties objects on the map
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DAMAC Properties projects in Dubai districts
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DAMAC Properties awards
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2017
Arabian Property Awards
At the awards ceremony, DAMAC Properties won 5 awards in different categories
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2018
CW Awards
DAMAC Towers by Paramount Hotels & Resorts won the Residential Project of the Year award
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2019
International Business Magazine Awards
DAMAC Properties won the International Business Magazine award