40 off-plan projects by DAMAC Properties in 12 areas of Dubai, and how their prices compare with Land Department sales of similar homes.
Altitude Tower, Business Bay
40off-plan projects for sale
12areas of Dubai
AED 547Kthe lowest starting price
About DAMAC Properties
DAMAC Properties is a Dubai developer founded in 2002 by Hussain Sajwani. It is part of DAMAC Group, which he set up in 1982 in catering and logistics and which now also has data centre, hospitality and retail businesses. It listed on the Dubai Financial Market in January 2015. In 2021 Sajwani's company Maple Investments offered to buy all the shares that he and his family did not already own, and the stock stopped trading on 14 February 2022. The company is now private.
It is known for branded homes. Versace Home designed interiors for its Al Jowharah Tower in Jeddah and for AYKON London One, its first large project outside the Middle East. In 2014 it sold villas with Fendi Casa interiors at its Akoya community in Dubailand. It has also worked with Roberto Cavalli, de GRISOGONO and Chelsea Football Club.
Akoya, a 42 million sq ft master plan, was renamed DAMAC Hills. Its centre is the Trump International Golf Club, which opened in February 2017. By early 2026 the company said it had delivered more than 50,000 homes since 2002.
In 2008 it cancelled Palm Springs, a project on Palm Jebel Ali launched about five years earlier. It said the island's master plan had been redesigned and its plot would not be delivered. It offered buyers a refund with interest, or a move to another of its projects at a discount.
They tend to price below the resale market: 10 of the 15 projects we checked start below the usual price per square foot of similar homes sold through Dubai Land Department, typically by about 11%.
They don't stick to one part of town: their projects are spread over 12 areas, with no more than 9 in any one of them.
Much of their work finishes at once: 17 of their 34 dated projects are due in 2027.
Their record
Dubai Land Department lists 76 finished projects by DAMAC Properties, and 59 under construction.
These counts include the project companies registered behind DAMAC Properties, as developers in Dubai often set up one per project.
73 of the 76 were finished by the completion date DLD holds now. DLD replaces that date when a project is given more time and keeps no earlier dates, so this can't show which ones ran late.
Prices and payment plans
What they cost
Apartments start from AED 547K, villas and townhouses from AED 1.7M.
Their most expensive project, Cavalli Couture, starts from AED 21.9M, far above the AED 1.9M at which half their projects start.
How you pay
The plan you'll see most often from them is 20 / 50 / 30, in 13 of 39 projects: booking first, then construction, then handover.
When they hand over
Next to be finished are Chic Tower and ELO, both due in Dec 2026.
6 more projects have handover dates that have already passed. They may be out of date, so ask us for the current ones.
How many projects does DAMAC Properties have on sale?
We list 40 off-plan projects by DAMAC Properties, spread over 12 areas. DAMAC Hills 2, DAMAC Hills, and DAMAC Lagoons have the most.
Are projects by DAMAC Properties priced above the market?
Usually not. Of the 15 we compared with Dubai Land Department sales of similar homes, 10 start below the usual price per square foot and 5 above.
Which project by DAMAC Properties is due next?
Chic Tower, due in Dec 2026. The last of their projects on sale is due in Dec 2029.
Does DAMAC Properties usually finish on time?
Dubai Land Department lists 76 finished projects by DAMAC Properties, and 73 of them were finished by the completion date it holds now. DLD replaces that date when a project is given more time and keeps no earlier dates, so this can't show which ones ran late. Ask us about the project you have in mind.
How much does DAMAC Properties ask for up front?
20% in their most common plan, 20 / 50 / 30. 3 of their 39 plans ask for 10% or less to book.
Ask about DAMAC Properties
Which of their projects still have units, what the payment plans ask for, and how their past buildings have held up.
