DAMAC Properties

DAMAC Properties is a privately owned Dubai real estate developer founded in 2002 by Emirati entrepreneur Hussain Sajwani. The company entered the property market during the early expansion of freehold ownership in Dubai and has since grown into one of the city's largest private development businesses, with activity spanning apartments, villas, master communities, hospitality and branded residences.

Hussain Sajwani remains Founder and Chairman. The company forms part of the wider DAMAC Group, while Ali Sajwani and Amira Sajwani hold senior managing director roles across different areas of the business. DAMAC was previously listed on the Dubai Financial Market before returning to private ownership in 2022.

Its early growth was associated with residential towers in locations such as Dubai Marina and Business Bay. Completed buildings including Marina Terrace and Ocean Heights helped establish the company in Dubai's apartment market before it moved into considerably larger master planned communities.

DAMAC Hills marked an important evolution. The community combines villas, townhouses and apartments with Trump International Golf Club Dubai, schools, retail and extensive leisure facilities. It established DAMAC as a master developer capable of creating an entire residential destination rather than simply constructing individual buildings.

DAMAC Hills 2 extended this strategy into a more suburban setting, with family neighbourhoods organised around parks, sports facilities and outdoor recreation. DAMAC Lagoons subsequently introduced a Mediterranean inspired concept built around water, landscaped public spaces and themed residential clusters.

More recent DAMAC Properties projects in Dubai continue this shift towards large lifestyle destinations. DAMAC Riverside, DAMAC Islands and DAMAC Islands 2 all place water, landscaping and leisure at the centre of the residential experience while offering a mixture of villas and townhouses.

The company's approach to branded residences has developed in parallel. Roberto Cavalli has been involved across several DAMAC schemes, while other collaborations have included de GRISOGONO and international hospitality brands. These companies provide branding, design identity or hospitality expertise, while DAMAC remains responsible for property development.

Dubai continues to be the company's principal market, although DAMAC has also developed internationally, including projects in London and other Middle Eastern markets. More recently, DAMAC Hills Baghdad extended the company's master community model into Iraq.

Today, DAMAC Properties Dubai operates across several residential segments, from established family homes and investment apartments to branded waterfront residences and new off plan master communities. LuxuryProperty.com provides a dedicated DAMAC Properties developer page covering its current residential opportunities.

DAMAC Properties Projects in Dubai

DAMAC Hills remains one of the company's most established communities. Much of the master plan is complete and occupied, although newer residential and commercial additions continue to expand the destination. DAMAC District Residences is one such addition, introducing apartments alongside commercial space within the wider DAMAC Hills setting.

DAMAC Lagoons represents another important part of the company's recent growth. The master community is organised around Mediterranean inspired neighbourhoods including Santorini, Morocco, Venice and other themed clusters.

DAMAC Islands was launched in 2024 as another large master planned community in Dubailand. Its concept is inspired by tropical island destinations and includes villas and townhouses arranged around lagoons, greenery and leisure facilities.

DAMAC Islands 2 followed as a separate expansion rather than simply another phase carrying the same identity. The community introduces additional island inspired districts and gives the company another substantial long term residential pipeline within the Dubai market.

DAMAC Riverside adopts a similar lifestyle led approach but with a different residential character. Villas and townhouses are arranged around landscaped spaces and water features, while Riverside Views extends the wider concept into apartments.

The company also remains active in the luxury tower market. Chelsea Residences by DAMAC at Dubai Maritime City represents one of its most distinctive recent collaborations. DAMAC is the property developer, while Chelsea Football Club provides the branding and identity associated with the residences.

The development contains more than 1,400 waterfront apartments across six towers and is planned for completion towards the end of the decade. Its launch demonstrates how DAMAC continues to combine large residential scale with internationally recognised branding.

At the more exclusive end of the market, Cavalli Couture at Dubai Water Canal offers a considerably smaller collection of large residences with interiors influenced by Roberto Cavalli. DAMAC remains the developer, while Cavalli contributes the fashion and interior design identity.

DAMAC Bay by Cavalli and Safa Gate further extend the company's presence within premium waterfront and central Dubai locations. These projects sit alongside its larger villa communities rather than replacing them, giving DAMAC a broad residential offering across several price and property segments.

DAMAC Properties off plan projects therefore range from apartments and branded residences to large villa and townhouse communities.