DAMAC Properties
Founded 2002. Headquarters: Dubai
DAMAC Properties is a Dubai-based real estate developer founded in 2002, known for large-scale master communities, branded residential towers created with international fashion and lifestyle names, and golf-centred developments. Beyond the UAE, DAMAC has expanded into other regional and international markets. The company has delivered tens of thousands of residential units and continues to develop new communities and towers across Dubai and Abu Dhabi.
Why buyers look at DAMAC Properties
- Branded residences developed with international fashion, jewellery and sporting names, including Cavalli, de GRISOGONO and a Chelsea Football Club partnership (Chelsea Residences)
- Golf-centred master communities such as DAMAC Hills, built around the Trump International Golf Club Dubai
- Large-scale themed master communities (DAMAC Lagoons, DAMAC Hills 2, DAMAC Islands 2) spanning tens of millions of square feet with thousands of villas, townhouses and apartments
- Expansion beyond Dubai into Abu Dhabi and international markets, with towers under its brand in cities such as Riyadh, Beirut, Amman and London
DAMAC Properties projects in the UAE
From the developer's own website. Locations are approximate.
Approximate location
DAMAC Hills
- Community
- DAMAC Hills, Dubailand, Dubai
- Type
- Mixed
DAMAC Hills 2
- Community
- DAMAC Hills 2, Dubailand, Dubai
- Type
- Mixed
DAMAC Lagoons
- Community
- DAMAC Lagoons, Dubailand, Dubai
- Type
- Mixed
DAMAC Islands 2
- Community
- DAMAC Islands 2 Community, Dubailand, Dubai
- Status
- Off-plan, selling
- Type
- Villas
- Starting price
- From AED 2,990,000, subject to availability
Source: DAMAC Properties, 26 September 2026
Safa Two de GRISOGONO
- Community
- Sheikh Zayed Road, Dubai
- Type
- Apartments
Chelsea Residences
- Community
- Dubai Maritime City, Dubai
- Type
- Apartments
Couture by Cavalli
- Community
- Business Bay, Dubai
- Type
- Apartments
- Handover
- 2027
DAMAC Riverside
- Community
- DAMAC Riverside Community, Dubai Investment Park, Dubai
- Type
- Mixed
Shoreline by DAMAC
- Community
- Al Marjan Island, Ras Al Khaimah
- Type
- Mixed
Cavalli Tower
- Community
- Dubai Marina, Dubai
- Type
- Apartments
How DAMAC Properties has performed
Recorded Dubai transactions, as published by DXB Interact. We show their figures as given, with their period.
- Capital gain (median resale price change)
- 11.52%
- Period: trailing 12 months, as of 2026 snapshot
- Source: DXB Interact (opens in a new tab)
- Absorption rate (projects under construction)
- 71.17%
- Period: 2026 snapshot
- Source: DXB Interact (opens in a new tab)
- Delivered and under construction since 2012
- 92 projects delivered (34,918 homes); 67 under construction (36,571 homes)
- Period: since 2012
- Source: DXB Interact (opens in a new tab)
Recent recorded sales
Single recorded transactions, not averages.
- Bahamas 2, Damac Islands 2, Al Yelayiss 1 (Offplan Townhouse)AED 3,195,840, AED 2,062 per sq ft25 Sep 2026, Source: DXB Interact (opens in a new tab)
- Damac Maison Aykon City, Business Bay (Ready Apartment)AED 891,800, AED 2,694 per sq ft25 Sep 2026, Source: DXB Interact (opens in a new tab)
- Valencia Tower B, Damac Lagoons (Offplan Apartment)AED 2,000,911, AED 1,701 per sq ft25 Sep 2026, Source: DXB Interact (opens in a new tab)
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