Latest Projects


About the company

For nearly two decades, DAMAC Properties has been at the forefront of real estate development across the Middle East. Specializing in premium properties, the company has crafted iconic residential and commercial projects in the UAE, Jordan, Saudi Arabia, Qatar, Turkey, Lebanon, and the UK. As of June 30, 2021, DAMAC Properties has successfully completed over 35,000 projects, with an additional 30,000 projects currently underway.

Founded in 2002, DAMAC Properties emerged when the Dubai government opened the real estate market to international investors, granting them freehold property rights. Hussain Sajwani, the company’s founder, envisions DAMAC as a catalyst for transforming the UAE into a global hub for commerce, hospitality, and lifestyle.

The developer oversees three subsidiaries: DAMAC Maison, DAMAC Properties Development Co LLC, and DAMAC Real Estate Limited Development. In 2013, DAMAC Properties debuted on the London Stock Exchange (LSE), marking a significant milestone in its global recognition and attractiveness to investors. Additionally, in 2018, the company became a member of the Middle East Investor Relations Association, dedicated to enhancing the efficiency and reputation of capital markets in the region.

Today, DAMAC Properties stands as one of the largest licensed real estate development firms in the UAE. Beyond its commercial endeavors, the company is renowned for its philanthropic initiatives, supporting campaigns endorsed by His Highness Sheikh Khalifa bin Zayed Al Nahyan and providing aid to the Emirates Red Crescent, the UAE branch of the International Federation of Red Cross and Red Crescent Societies.


Best Properties by DAMAC Properties

DAMAC Hills 2 (previously known as Akoya and Akoya Oxygen). The Trump International Golf Club is located here. The project offers villas, townhouses, penthouses and land plots. DAMAC Hills 2 is positioned as the greenest community in the UAE and includes the following communities: Hajar 2 Stone Villas, Bait Al Aseel Villas, Just Cavalli Villas, Akoya Genus Villas, Sahara Villas, Avencia 2 Villas and Aknan Villas. The minimum cost of real estate for these projects are AED 1,100,000 (USD 300,000). Some residential properties can also be purchased off-plan under favorable payment plans from the developer. DAMAC Hills 2 shows a high return on investment: ROI is 6.5%.

Greenwoods Townhouses is one of the newest projects in DAMAC Hills. The estimated number of 3 and 4-bedroom villas in the community is around 48. The construction started in May 2021. Freehold ownership of Greenwoods facilities includes all kinds of entitlements for the owner. The “star” facade with built-in sparkling LEDs will be the main feature of the villas in Greenwoods Townhouses. The cost of residences will start from AED 1,700,000 (USD 463,000).

Cavalli Tower is an elite residential development in Dubai Marina and is the second joint project of DAMAC Properties and the world-renowned fashion brand Roberto Cavalli. The complex is situated within walking distance from the sea and JBR. The 70-storey tower offers 1-4 bedroom apartments and a limited series of penthouses, with residences starting from the fifth floor. There will also be “flying villas” with swimming pools, spacious terraces and relaxation areas on the upper floors of the Cavalli Tower. The development is not only the sole skyscraper in the world built under the Cavalli brand but also a residential project. In each apartment there will be a vertical wall for hydroponics in order to grow garden crops. The complex also offers its residents an area to relax in, with the closed Malibu Bay lagoon. Moreover, Cavalli Tower residents will have access to an a la carte service (menu of 7 branded restaurants), infinity pools, a modern gym, SPA center and other world-class amenities. The cost of luxury real estate in Cavalli Tower will be approximately AED 2,300 (USD 626) per 1 sq.ft.

Drop Us a Message

Compare listings