Founded in 2002 by Hussain Sajwani, DAMAC Properties has quickly established itself as a leading luxury real estate developer in Dubai. The company is known for creating landmark residential, commercial, and mixed-use projects across the UAE and the Middle East.
Damac Properties focuses on delivering exceptional quality, innovative designs, and world-class amenities. Their developments range from luxury apartments to villas and hotel residences, catering to investors and homeowners seeking premium properties in Dubai’s most sought-after locations.
by Hussain Sajwani, with over 20 years of excellence in luxury real estate.
30+
Active projects
Luxury apartments, villas, and mixed-use developments, with more than 25,000 units delivered across Dubai and the region.
Global Presence
UAE, Saudi Arabia, Qatar, Jordan, Lebanon, and international expansion plans
Selecting the right developer is key for a successful real estate investment. DAMAC Properties stands out for several reasons:
For sale
Damac Riverside Townhouses
Dubai Investment Park 2
Damac Riverside is a premium waterfront community in DIP 2, offering villas and townhouses designed for modern family living.
From: AED 3.6M
Completion date:
Q4 2027
Payment plan:
75/25 (1% Monthly)
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For sale
Damac Riverside Views
Dubai Investment Park 2
Damac Riverside Views offers waterfront apartments in DIP 2. Enjoy nature-inspired living with modern interiors, wellness amenities, and a peaceful setting.
From: AED 888K
Completion date:
Q2 2028
Payment plan:
70/30 (1% Monthly)
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For sale
Cuba at Damac Islands 2
Al Yalayis 1, Dubailand
Cuba at Damac Islands 2 offers townhouses and villas with sustainable island living with wellness, culture, and luxury in harmony.
From: AED 2.75M
Completion date:
Q2 2030
Payment plan:
75/25
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Damac offers flexible off-plan payment plans designed to accommodate both investors and end-users. The most common structures typically include a 60/40 or 50/50 payment plan, starting with a 10–20% down payment on booking, followed by staged instalments during the construction period, and the remaining balance payable on handover.
In addition, some DAMAC projects offer a 75/25 payment plan, where 75% of the property value is paid through instalments during construction and the remaining 25% on handover. Many developments also provide extended post-handover payment options spread over 2–5 years, allowing buyers to better align cash flow with potential rental income and making property ownership in Dubai more accessible and financially manageable.
Damac Properties has delivered over 46,000 units and currently has more than 54,000 under development, with a strong presales rate and a $20 billion revenue backlog, evidence of high demand and investor confidence in its projects. Rental yields in Damac communities often range from around 6–8%+, making them competitive in Dubai’s market, while recent price trends have shown notable appreciation in key master communities.
Discover premium real estate developments by Damac Properties, one of Dubai’s most renowned luxury developers known for iconic projects, prime locations, and high long-term investment value.