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DAMAC Properties — Developer of DAMAC Hills, DAMAC Lagoons and DAMAC Islands

Developer profile

DAMAC Properties Developer of DAMAC Hills, DAMAC Lagoons and DAMAC Islands

Founded in Dubai in 2002 by Hussain Sajwani, DAMAC is known for large villa communities and branded residences with fashion and lifestyle names. Explore every DAMAC project in our catalog — from townhouses in DAMAC Lagoons and DAMAC Islands to towers in Business Bay and Dubai Harbour.

  • 167projects on Empire City
  • 20communities
  • 2002DAMAC Properties founded
  • 1982DAMAC Group origins
Founded
2002, Dubai
Founder
Hussain Sajwani
Group origins
DAMAC Group, 1982
Ownership
Private since 2022 (listed on DFM 2015–2022)
Golf
Trump International Golf Club at DAMAC Hills (2017)
Brands
Cavalli, de GRISOGONO, Paramount, Chelsea FC
History & track record

About DAMAC Properties

DAMAC Properties was founded in Dubai in 2002 by Hussain Sajwani, whose wider business — DAMAC Group — dates back to 1982. Over two decades it became one of the best-known private developers in the UAE, with a strong focus on off-plan sales, master-planned villa communities and luxury towers.

In 2015 DAMAC listed on the Dubai Financial Market. In 2022 Hussain Sajwani took the company private again, buying out the remaining shareholders; since then DAMAC Properties has been a privately held company.

DAMAC's first large master community was DAMAC Hills (originally launched as Akoya), built around the Trump International Golf Club Dubai, which opened in 2017. It was followed by DAMAC Hills 2, launched in 2014, DAMAC Lagoons with Mediterranean-themed clusters such as Marbella, Monte Carlo, Santorini and Venice, and DAMAC Riverside in Dubai Investment Park. DAMAC Islands, a tropical-themed villa and townhouse community launched in 2024, set a Guinness World Record for the highest real-estate launch revenue in 24 hours; DAMAC Islands 2 followed in 2025.

DAMAC is also known for branded residences. The group acquired the Roberto Cavalli fashion house in 2019 and the jeweller de GRISOGONO in 2022, and develops projects such as DAMAC Bay by Cavalli in Dubai Harbour, Safa One and Safa Two de GRISOGONO, DAMAC Towers by Paramount in Business Bay and Chelsea Residences, created with Chelsea FC, in Dubai Maritime City.

DAMAC Properties Projects in Dubai

167 projects by DAMAC Properties on our site — new launches, projects under construction and ready homes.

Price list & offers

Get the Latest DAMAC Properties Price List and Offers

Prices, availability and payment plans change with every launch. Leave your number and we will send you the current DAMAC Properties price list with the best available units.

  • New launches
  • Payment plans
  • Available units
  • Floor plans

Get the price list

Master Communities by DAMAC Properties

  • DAMAC Hills

    DAMAC Hills

    A golf community in Dubailand built around the Trump International Golf Club, with villas, townhouses and apartment buildings such as Golf Greens, Artesia and Autograph Collection.

  • DAMAC Hills 2

    DAMAC Hills 2

    A large suburban community in Dubailand with townhouses and apartments, including Evergreens, Elo, Violet, Park Greens and Natura.

  • DAMAC Lagoons

    DAMAC Lagoons

    Mediterranean-themed clusters of villas and townhouses — Marbella, Monte Carlo, Santorini, Venice, Nice, Mykonos — around lagoons, plus the Lagoon Views apartments.

  • DAMAC Islands

    A tropical-themed villa and townhouse community with clusters named after islands: Bali, Bora Bora, Maldives, Fiji, Seychelles and, in DAMAC Islands 2, Bahamas, Barbados, Tahiti and more.

  • DAMAC Riverside

    DAMAC Riverside

    Townhouse clusters Ivy, Sage, Lush and Olive and the Riverside Views apartments in Dubai Investment Park.

  • Business Bay & Dubai Harbour

    Business Bay & Dubai Harbour

    Towers on the Dubai Canal — Canal Heights, Canal Crown, Chic Tower, Volta — and the waterfront DAMAC Bay by Cavalli towers in Dubai Harbour.

Why Buy from DAMAC Properties

  • 01

    Wide choice of formats

    From apartments in DAMAC Hills 2 to villas in DAMAC Islands and branded penthouses in Dubai Harbour — DAMAC covers almost every budget.

  • 02

    Branded residences

    Projects with Cavalli, de GRISOGONO, Paramount and Chelsea FC give buyers recognisable names that stand out on the resale and rental market.

  • 03

    Master-planned communities

    DAMAC Hills, DAMAC Lagoons and DAMAC Islands are planned as complete neighbourhoods with amenities, parks and water features.

  • 04

    Two decades in Dubai

    DAMAC has been developing in Dubai since 2002 and has launched dozens of communities and towers across the city.

Frequently Asked Questions about DAMAC Properties

Who owns DAMAC Properties?

DAMAC Properties was founded in 2002 by Hussain Sajwani. After being listed on the Dubai Financial Market from 2015, the company was taken private by Sajwani in 2022.

What are DAMAC's main communities in Dubai?

DAMAC Hills, DAMAC Hills 2, DAMAC Lagoons, DAMAC Islands and DAMAC Riverside, together with towers in Business Bay, Dubai Harbour, Dubai Maritime City and Dubai Marina.

Which brands does DAMAC work with?

DAMAC develops branded projects with Cavalli and de GRISOGONO (both owned by the group), Paramount, and Chelsea FC, and DAMAC Hills is home to the Trump International Golf Club Dubai.

Does DAMAC offer payment plans on off-plan projects?

Most off-plan DAMAC launches are sold with staged payment plans. The terms differ from project to project, so we send you the current plan for each project you are interested in.

Can foreigners buy DAMAC property in Dubai?

DAMAC's Dubai projects are located in designated freehold areas, where foreign buyers can own property. Our team will check the details of the specific project and guide you through the purchase.

How many DAMAC Properties projects are listed on Empire City?

Our catalog currently lists 167 DAMAC Properties projects in Dubai, with listed prices starting from $144,672. Contact us for the full, up-to-date list of units for sale.

DAMAC Properties

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