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Introduction to DAMAC in Dubai

DAMAC is one of the longest-established luxury developer names in Dubai. Its property development division, DAMAC Properties, was formed in 2002 and has since built a major presence across villa communities, branded towers and waterfront-led developments.

About Damac

DAMAC’s standing is built on long-term market presence, a large project portfolio and a clear focus on the luxury segment. The brand is especially visible in large communities and branded residences.

Key and most recognisable DAMAC projects in Dubai

  • DAMAC Hills, one of the company’s best-known communities.
  • DAMAC Hills 2, another major DAMAC community in Dubai.
  • DAMAC Lagoons, a Mediterranean-inspired townhouse and villa community.
  • Safa Two de GRISOGONO, one of its better-known branded developments.
  • Canal Heights and Canal Heights 2 de GRISOGONO in Business Bay.
  • DAMAC Bay by Cavalli, a prominent branded project in the portfolio.

Conditions for buying property from DAMAC

  • Select the project based on budget, asset type and buying strategy.
  • Reserve the unit and sign the relevant sale agreement.
  • For off-plan property, the initial transaction is typically registered through Oqood.
  • For ready property, the final transfer is handled through the Dubai Land Department.
  • Some digital follow-up services are also accessible via Dubai REST.
  • Payment terms, instalment structures and handover dates are project-specific and should not be assumed to be identical across the portfolio.

Benefits of buying from DAMAC Dubai

  • A broad product mix, from branded towers to villa communities.
  • Strong luxury-market recognition in Dubai.
  • Suitable for buyers interested in lifestyle-led and brand-led developments.
  • Relevant to both end-users and investors, depending on project type and location.

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Damac Properties