About DAMAC Properties
DAMAC Properties is a Dubai-based luxury real estate developer founded in 2002 by Hussain Sajwani. The company has built a large portfolio of residential towers, villa communities and hotel apartments in Dubai and has become known for partnering with fashion and luxury brands on branded residences.
DAMAC's master communities include DAMAC Hills, which is built around the Trump International Golf Club Dubai, DAMAC Hills 2, and DAMAC Lagoons, a community themed around lagoons and Mediterranean-inspired clusters. More recently the company launched DAMAC Islands, a waterfront-themed villa community. These projects combine townhouses and villas with amenities such as parks, sports facilities and water features.
Branded residences are one of the company's most distinctive strategies. DAMAC has worked with names such as Cavalli and Versace to create interiors and residential buildings that carry a luxury brand identity. This approach targets buyers who want a lifestyle product rather than a standard apartment, and it has helped the company differentiate its launches in a competitive market.
DAMAC also has a hospitality business, operating serviced apartments and hotels under its own brands, and its developments extend to other markets in the region and beyond. The company was listed on the Dubai Financial Market for several years before being taken private in 2022.
Its business model centres heavily on off-plan sales, where buyers purchase before completion on staged payment plans. This model is common in Dubai and allows developers to fund construction while offering buyers access to new projects at launch prices. DAMAC's frequent launches and international sales network have made it one of the most active developers in this segment.
Dubai's freehold areas, which allow foreign nationals to own property, have attracted buyers from across the world, and DAMAC's marketing reflects that global audience. The company has sold homes to investors and end users from many countries.
For anyone searching DAMAC Properties UAE or DAMAC Dubai, the company is a major name in luxury and branded residential real estate. On Startups UAE it sits among the established developers that define the upper end of the Dubai property market.
DAMAC's master communities include DAMAC Hills, which is built around the Trump International Golf Club Dubai, DAMAC Hills 2, and DAMAC Lagoons, a community themed around lagoons and Mediterranean-inspired clusters. More recently the company launched DAMAC Islands, a waterfront-themed villa community. These projects combine townhouses and villas with amenities such as parks, sports facilities and water features.
Branded residences are one of the company's most distinctive strategies. DAMAC has worked with names such as Cavalli and Versace to create interiors and residential buildings that carry a luxury brand identity. This approach targets buyers who want a lifestyle product rather than a standard apartment, and it has helped the company differentiate its launches in a competitive market.
DAMAC also has a hospitality business, operating serviced apartments and hotels under its own brands, and its developments extend to other markets in the region and beyond. The company was listed on the Dubai Financial Market for several years before being taken private in 2022.
Its business model centres heavily on off-plan sales, where buyers purchase before completion on staged payment plans. This model is common in Dubai and allows developers to fund construction while offering buyers access to new projects at launch prices. DAMAC's frequent launches and international sales network have made it one of the most active developers in this segment.
Dubai's freehold areas, which allow foreign nationals to own property, have attracted buyers from across the world, and DAMAC's marketing reflects that global audience. The company has sold homes to investors and end users from many countries.
For anyone searching DAMAC Properties UAE or DAMAC Dubai, the company is a major name in luxury and branded residential real estate. On Startups UAE it sits among the established developers that define the upper end of the Dubai property market.