Back to the desk
Dubaiprivate majorFounded 2002
Damac Properties
Volume engine. Damac Hills, Damac Lagoons, Business Bay pipeline.
Damac was DFM-listed before the 2022 take-private by founder Hussain Sajwani. High-volume launch cadence, Damac Hills + Damac Lagoons villa masterplans, branded residences with Cavalli / De Grisogono / Versace partnerships.
The Raj take
“Aggressive marketing, deep launch pipeline. Read the payment plan carefully — the hand-over math is the trade.”
— Raj Tomar · real-estate consultant
Where they build
Active areas
Dubai · community
Dubai Marina
The yield workhorse. ~7% net on right product, deepest secondary market in the UAE.
Dubai · community
Business Bay
The off-plan engine. Highest launch count + most live cranes anywhere in Dubai.
Dubai · master plan
Damac Lagoons
Mediterranean-themed villa masterplan. Damac's flagship 2024-26 launch engine.
Flagship inventory
What they're known for
- Damac Hills
- Damac Lagoons
- Cavalli Tower
- AYKON City