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Housira

Developer · founded 2002

DAMAC Properties

Luxury and branded residences, from golf communities to canal towers

About DAMAC Properties

DAMAC Properties is a private Dubai developer founded in 2002 by Hussain Sajwani. It is known for luxury and branded residences, often partnering with fashion and hospitality names, and for large villa communities such as DAMAC Hills, DAMAC Hills 2 and DAMAC Lagoons.

DAMAC launches frequently and uses flexible payment plans, which makes it popular with off-plan investors. Buyers should compare finishes and service charges across phases, since specification varies between projects, and check realistic handover dates alongside the brand story.

Signature projects

  1. 01

    DAMAC Hills · Dubailand

    Golf community around the Trump International Golf Club Dubai.

  2. 02

    DAMAC Lagoons · Dubailand

    Villa and townhouse clusters themed around Mediterranean destinations, set on lagoons.

  3. 03

    DAMAC Hills 2 · Al Qudra Road

    Lower-priced villa and townhouse community further from the city.

  4. 04

    DAMAC Heights · Dubai Marina

    High-rise residential tower on the Marina.

  5. 05

    Ghalia · Jumeirah Village Circle

    Serviced apartment building completed in 2019.

Where DAMAC Properties builds

  • Mixed

    DAMAC Hills

    A golf-course community of villas and low-rise flats in DubailandHomes from AED 900K

  • Apartments

    Business Bay

    Canal-side towers a short walk from Downtown and the metroHomes from AED 850K

  • Apartments

    Dubai Marina

    Waterfront towers, a walkable promenade and the beach at JBRHomes from AED 850K

  • Apartments

    Downtown Dubai

    Apartments beside Burj Khalifa, The Dubai Mall and the FountainHomes from AED 1.1M

  • Mixed

    Jumeirah Village Circle

    Dubai's busiest mid-market address for studios, flats and townhousesHomes from AED 550K

Questions

About DAMAC Properties

What is DAMAC's latest new launch?

DAMAC releases new phases often, particularly in DAMAC Lagoons, DAMAC Hills and its branded tower projects. Launch details change quickly, so confirm the project name, escrow account and payment plan on the DLD system before paying a booking deposit. Compare it with resale prices nearby.

Is DAMAC Hills built by DAMAC?

Yes. DAMAC Hills, formerly known as Akoya, is DAMAC's own golf community in Dubailand around the Trump International Golf Club Dubai. DAMAC Hills 2 and DAMAC Lagoons are separate DAMAC communities further out. All three are freehold and open to buyers of any nationality.

Are DAMAC payment plans good for investors?

DAMAC often offers staged payment plans that spread the cost to handover and sometimes beyond. They can help cash flow, but compare the total price with similar resale units, read the handover and penalty clauses, and budget for service charges once complete.