DAMAC Properties is a major private luxury developer with an extensive presence in Dubai, founded in 2002 by Hussain Sajwani. The company is renowned for its collaborations with global luxury brands — Versace, Roberto Cavalli, de GRISOGONO, Paramount, and Trump — and for landmark mega-developments such as DAMAC Hills (1, 2 & Lagoons), DAMAC Islands, and Akoya. Taken private in 2022, DAMAC is today one of the largest privately held real-estate companies in the Middle East.
Dubai's most recognisable luxury brand in residential real estate — collaborations with Versace, Cavalli, and Trump have established DAMAC as the defining name in branded residences. Its communities are celebrated for striking architecture, artificial lagoons, and designer interiors.
DAMAC ranks as one of Dubai's largest developers by total units delivered. While certain past projects experienced delays, the company has maintained solid timelines on recent launches and is in a period of significant operational momentum.
Over 23 years (since 2002). 44,000+ units delivered
Following its go-private transaction in 2022, DAMAC is 100% held by the Sajwani family. The company reports multi-billion-dollar annual revenues and maintains meaningful geographic diversification that helps mitigate market-specific risk.
DAMAC is Dubai's benchmark luxury developer — built on exclusive partnerships with global fashion houses and lifestyle brands. Every development carries a carefully crafted identity (golf, lagoons, island living), with a consistent emphasis on bold architecture and signature branded interiors.
DAMAC offers some of the market's most attractive payment structures — typically 1% per month during the construction phase, with post-handover options (payments continuing for a set period after key collection) available on selected projects.
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DAMAC is one of Dubai's largest and most established developers, active since 2002 with over 44,000 units delivered. While some earlier projects experienced delays, recent developments have progressed on schedule.
DAMAC Hills 1 is the original, premium community centred on the Trump Golf Club. DAMAC Hills 2 (Akoya) is a more affordably priced extension. DAMAC Lagoons is a newer community built around artificial crystal lagoons, positioned in the mid-luxury segment.
DAMAC is widely regarded as the pioneer of branded residences in Dubai, with landmark collaborations including Versace, Roberto Cavalli, de GRISOGONO, Paramount Hotels, and Trump Golf.
DAMAC's standard structure is 1% per month during the construction period. On selected projects, post-handover payment plans are also available, allowing buyers to continue instalments for 2–3 years after receiving their keys.
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