DAMAC Properties  developer

DAMAC Properties developer

Apartments in premium class new buildings

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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
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    DAMAC Properties projects

    32 listings in total

    Golf Greens — new apartments in premium residential complex by DAMAC with the richest infrastructure in DAMAC Hills, Dubai

    Completion in: 2028.I

    Golf Greens — new apartments in premium residential complex by DAMAC with the richest infrastructure in DAMAC Hills, Dubai

    From $362,000

    Canal Heights de GRISOGONO — stylish high-rise residence by DAMAC in the prestigious business district of Business Bay, Dubai

    Completion in: 2027.III

    Canal Heights de GRISOGONO — stylish high-rise residence by DAMAC in the prestigious business district of Business Bay, Dubai

    From $707,000

    Canal Crown — residential complex by DAMAC with swimming pools, aqua fitness equipment and observation deck in Business Bay, Dubai

    Completion in: 2027.II

    Canal Crown — residential complex by DAMAC with swimming pools, aqua fitness equipment and observation deck in Business Bay, Dubai

    From $610,000

    DAMAC Safa One — apartments with swimming pools, surrounded by tropical plants in Al Safa 1, Dubai

    Completion in: 2026.III

    DAMAC Safa One — apartments with swimming pools, surrounded by tropical plants in Al Safa 1, Dubai

    From $764,000

    Safa Two de GRISOGONO — futuristic residential complex by DAMAC with designer finishes at the edge of Business Bay, Dubai

    Completion in: 2027.I

    Safa Two de GRISOGONO — futuristic residential complex by DAMAC with designer finishes at the edge of Business Bay, Dubai

    From $640,000

    Bay 2 by Cavalli — new luxury residence by DAMAC at 150 meters from the sea in Dubai Harbour

    Completion in: 2028.I

    Bay 2 by Cavalli — new luxury residence by DAMAC at 150 meters from the sea in Dubai Harbour

    From $944,000

    Cavalli Tower — high-rise residence by DAMAC at 850 meters from the private beach, close to Palm Jumeirah and Downtown in Dubai Marina

    Completion in: 2025.IV

    Cavalli Tower — high-rise residence by DAMAC at 850 meters from the private beach, close to Palm Jumeirah and Downtown in Dubai Marina

    From $7,578,000

    New high-rise residence Volta with a swimming pool and a panoramic view close to Dubai Mall, Business Bay, Dubai, UAE

    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

    New high-rise residence Damac Casa with swimming pools and gardens, Dubai Media city, Dubai, UAE

    Completion in: 2028

    New high-rise residence Damac Casa with swimming pools and gardens, Dubai Media city, Dubai, UAE

    From $746,000

    Harbour Lights — luxury high-rise waterfront residence by DAMAC with a private beach and a swimming pool in Dubai Maritime City

    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 $1,813,000

    Malta — new complex of townhouses by DAMAC in a luxury area of DAMAC Lagoons

    Completion in: 2025.IV

    Malta — new complex of townhouses by DAMAC in a luxury area of DAMAC Lagoons

    From $797,000

    DAMAC Cavalli Couture Tower — luxury residence on the bank of the Dubai Water Canal in Al Safa 1, Dubai

    Completion in: 2025.II

    DAMAC Cavalli Couture Tower — luxury residence on the bank of the Dubai Water Canal in Al Safa 1, Dubai

    From $5,886,000

    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.

    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.

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        DAMAC Properties awards

        • 2017

          Arabian Property Awards

          At the awards ceremony, DAMAC Properties won 5 awards in different categories

        • 2018

          CW Awards

          DAMAC Towers by Paramount Hotels & Resorts won the Residential Project of the Year award

        • 2019

          International Business Magazine Awards

          DAMAC Properties won the International Business Magazine award

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          Maria Alkhazova,
          Real Estate Expert Tranio UAE