DAMAC Properties Developer Spotlight 2026: 179 Projects of Luxury Excellence
In-depth analysis of DAMAC Properties, Dubai's second-largest developer with 179 projects. Explore Damac Hills, Cavalli collaborations, payment plans, and investment opportunities across luxury branded residences and master communities.
Key Takeaways
- Founded in 2002 by Hussain Sajwani, DAMAC has redefined luxury living through collaborations with global brands including Fendi, Cavalli, and Paramount Pictures.
- Company Overview History and Milestones DAMAC Properties was established in 2002, during Dubai's initial real estate boom.
- Scale and Experience : 179 projects demonstrate extensive development capability 2.
DAMAC Properties Developer Spotlight 2026: 179 Projects of Luxury Excellence
DAMAC Properties stands as one of the Middle East's most prominent luxury real estate developers, with a portfolio spanning 179 projects across Dubai's most prestigious locations. Founded in 2002 by Hussain Sajwani, DAMAC has redefined luxury living through collaborations with global brands including Fendi, Cavalli, and Paramount Pictures.
Company Overview
History and Milestones
DAMAC Properties was established in 2002, during Dubai's initial real estate boom. Key milestones include:
- 2002: Founded by Hussain Sajwani
- 2005: First major project - DAMAC Heights in Dubai Marina
- 2013: Founded DAMAC Maison, the company's hospitality division
- 2015: Partnership with Donald Trump for Trump Golf Course at DAMAC Hills
- 2019: Collaboration with Roberto Cavalli for branded residences
- 2021: Partnership with de Grisogono for luxury towers
- 2023-2024: Launch of DAMAC Islands, DAMAC Bay 2, and Cavalli Couture
Portfolio Scale
According to the AiGentsRealty database, DAMAC Properties has developed 179 projects across Dubai:
- Completed: Multiple delivered communities and towers
- Ready: Occupied and operational properties
- Off-Plan: Active sales with construction ongoing
- Under Construction: Projects in development phase
Major Developments by Category
Master Communities
DAMAC Hills (Akoya) A 42 million square foot golf community featuring:
- Trump International Golf Club Dubai
- Villas, townhouses, and apartments
- Premium amenities including schools and retail
- Total of 50+ individual sub-projects
DAMAC Hills 2 An affordable luxury community offering:
- Townhouses and villas from AED 500,000
- Community amenities and green spaces
- Investment-focused pricing
DAMAC Lagoons A Mediterranean-inspired community with:
- 8 clusters themed after European destinations
- Waterfront living with lagoons and beaches
- Townhouses and villas
Luxury Branded Residences
Cavalli Collection Partnership with Roberto Cavalli featuring:
- Cavalli Casa Tower (Business Bay)
- Cavalli Estates (DAMAC Hills)
- Cavalli Couture (Al Wasl)
- Interior designs by the Italian fashion house
DAMAC Bay by de Grisogono Luxury waterfront tower featuring:
- Swiss jewelry brand collaboration
- Premium finishes and amenities
- Dubai Marina location
Paramount Hotels & Resorts Branded hospitality and residences:
- DAMAC Towers by Paramount (Business Bay)
- Paramount Tower Hotel & Residences
- Hollywood-inspired luxury living
Premium Towers
Safa One by de Grisogono
- Twin towers in Al Safa
- Luxury apartments with premium finishes
- Infinity pools and sky gardens
A La Carte Villas
- Customizable luxury villas in DAMAC Hills
- Premium specifications and private pools
Merano Tower
- Business Bay luxury tower
- Boutique residences with hotel services
Investment Analysis
Price Ranges by Property Type
| Property Type | Starting Price | Typical Range |
|---|---|---|
| Studio Apartment | AED 400,000 | AED 400,000 - AED 700,000 |
| 1-Bedroom | AED 600,000 | AED 600,000 - AED 1,200,000 |
| 2-Bedroom | AED 900,000 | AED 900,000 - AED 2,000,000 |
| Townhouse | AED 1,200,000 | AED 1,200,000 - AED 2,500,000 |
| Villa | AED 2,000,000 | AED 2,000,000 - AED 15,000,000+ |
| Branded Residence | AED 2,500,000 | AED 2,500,000 - AED 20,000,000+ |
Rental Yields
DAMAC properties typically achieve:
- Studios: 7-8% gross yield
- 1-Bedroom: 6.5-7.5% gross yield
- 2-Bedroom: 6-7% gross yield
- Townhouses: 5.5-6.5% gross yield
- Villas: 5-6% gross yield
- Branded Residences: 5-6% gross yield (premium rental rates offset by higher prices)
Payment Plans
DAMAC offers flexible payment structures:
Standard Payment Plan
- 10-20% down payment
- 40-50% during construction
- 30-50% on handover
Post-Handover Plans
- Extended payment terms up to 5-7 years
- Monthly payments after possession
- Popular for investment properties
Developer Reputation
Strengths
- Scale and Experience: 179 projects demonstrate extensive development capability
- Brand Partnerships: Collaborations with Cavalli, de Grisogono, Paramount elevate project prestige
- Master Communities: DAMAC Hills and Hills 2 offer comprehensive lifestyle destinations
- Flexible Payment: Investor-friendly payment structures
- Hospitality Integration: DAMAC Maison provides managed rental services
Considerations
- Delivery Timeline: Some projects experienced delays during market downturns
- Service Charges: Premium projects may have higher maintenance fees
- Market Sensitivity: Property values correlate with broader market conditions
- Location Spread: Projects across various areas with different appreciation profiles
Key Projects in Detail
DAMAC Hills
Dubai's premier golf community offering:
- 18-hole championship golf course
- Multiple villa and townhouse collections
- Community retail, schools, and healthcare
- Golf views and park-side properties
Popular Sub-Projects:
- Golf Greens
- Golf Promenade
- The Trump Estates
- Carson
- Bellevia
DAMAC Bay 2
Waterfront luxury tower in Dubai Marina:
- Cavalli-designed interiors
- Direct marina access
- Premium amenities including private beach
- Investment-grade apartments
Canal Heights by de Grisogono
Business Bay luxury tower:
- Jewelry-inspired design elements
- Canal and skyline views
- Premium finishes throughout
- Smart home technology
Current Off-Plan Opportunities
DAMAC Islands
- New waterfront community
- Island living concept
- Townhouses and villas
- Competitive pricing
Damac Harbour Lights
- Maritime-themed development
- Affordable luxury concept
- Strong investment potential
Damac Riverside
- Waterfront community
- Mixed-use development
- Family-friendly amenities
Buying Process
Steps to Purchase
- Reservation: Sign reservation form and pay booking fee (typically AED 50,000)
- SPA Signing: Sign Sale and Purchase Agreement within 14-30 days
- Payment Schedule: Follow the agreed payment plan
- Construction Updates: Receive regular progress reports
- Handover: Complete final payment and take possession
Documentation Required
- Passport copy
- Visa (if UAE resident)
- Proof of address
- Bank details for payments
- Mortgage pre-approval (if financing)
Comparison with Competitors
| Factor | DAMAC | Emaar | Nakheel |
|---|---|---|---|
| Portfolio Size | 179 projects | 423 projects | 96 projects |
| Master Communities | DAMAC Hills, Hills 2 | Dubai Hills, Downtown | Palm Jumeirah |
| Branded Residences | Cavalli, de Grisogono, Paramount | Address, Armani | Rixos |
| Price Point | Mid-Luxury | Premium-Luxury | Mid-Premium |
| Payment Flexibility | High | Medium | Medium |
Future Outlook
2026-2028 Pipeline
DAMAC continues development with:
- Completion of ongoing towers
- New master community phases
- Expansion of branded residence portfolio
- Enhanced hospitality offerings
Market Position
As Dubai's second-largest developer by project count, DAMAC maintains:
- Strong brand recognition
- Diverse product offering
- International buyer appeal
- Hospitality integration expertise
Conclusion
DAMAC Properties represents a compelling option for investors seeking luxury living at accessible price points. With 179 projects spanning master communities, premium towers, and branded residences, DAMAC offers diverse investment opportunities.
The developer's partnerships with international luxury brands differentiate its portfolio, while flexible payment plans make premium properties accessible to a broader investor base. For those seeking golf community living, branded residences, or affordable luxury, DAMAC delivers across multiple segments.
Project data sourced from AiGentsRealty Database. Market data from Dubai Land Department. Last updated: February 2026.
Related AiGentsRealty resources
Sources and further reading
Developer due diligence checklist
A developer profile should be used as a starting point, not a substitute for project-level checks. Review completed handovers, construction quality, service-charge history, escrow registration, current site progress, warranty process, and resale performance in delivered buildings. A strong brand can support confidence, but the specific project, launch price, payment schedule, floor plan, and micro-location still determine whether the purchase is attractive.
Before reserving a unit, ask for written confirmation of payment milestones, expected handover, cancellation terms, assignment rules, service-charge assumptions, and any incentives. Compare the developer with alternatives at the same price point and avoid paying a premium unless the project quality, location, and exit liquidity justify it.