DAMAC is a Dubai developer formed in 2002, known for large communities such as DAMAC Hills and DAMAC Lagoons and for branded towers. In 2026 so far it has handed over 3,556 homes in Dubai (DXB Interact, to 15 October).
DAMAC Properties was founded by Hussain Sajwani and is part of the DAMAC Group. It builds towers in Business Bay and large villa and townhouse communities such as DAMAC Hills, DAMAC Hills 2 and DAMAC Lagoons. Some projects carry partner brands, for example Cavalli Casa Tower.
The company reports 50,000+ homes handed over (DAMAC release, 4 September 2026) and a 2026 handover target of 8,800+. Our catalogue lists {count} projects from {from} to {to}: 11 in Business Bay, 10 in DAMAC Hills and 3 each in DAMAC Lagoons and DAMAC Hills 2.
Where the developer builds.
Current projects and starting prices.
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Track record
DAMAC release, 4 September 2026. The release gives no cut-off date for the count.
DAMAC release, 4 September 2026. About 6,300 are in DAMAC Lagoons, against about 513 in 2025.
Dubai only, 1 January to 15 October 2026. Source: DXB Interact, Developers Delivery 2026.
DAMAC’s own target for 2026 is 8,800+ homes, and about 6,300 of them are in DAMAC Lagoons, up from about 513 in 2025 (DAMAC, 4 September 2026). A jump of that size makes your building’s date, progress and contractor worth asking about.
Prices start at {from} and reach {to} for Cavalli Casa Tower, so a headline price tells you little. Compare projects in the same area and of the same size, per square foot.
Hotel-managed and fashion-branded homes can come with higher service charges and house rules. Ask for the service-charge estimate before you reserve; it is part of what you pay each year.
DAMAC Properties is part of the DAMAC Group, whose website names Hussain Sajwani as founder (damacproperties.com, 15 October 2026). We have not found a published shareholder list, so we do not tag DAMAC as government-backed. DAMAC is one of our brokers’ picks.
In our catalogue, mostly in Business Bay, DAMAC Hills and DAMAC Lagoons.
The handover date for your unit is written in the sale and purchase agreement, and in Dubai your instalments sit in an escrow account tied to the project. Check the date, the clause on delays and the construction progress before you reserve. Our guide to off-plan risk shows what to look at and when.
In Dubai, off-plan resales happen every year, and the conditions differ by developer and project: how much you must have paid, which fees apply and how the transfer works. We confirm the rules for your project before you reserve. Read more in our guide to reselling off-plan property.
DAMAC sells its off-plan projects with instalment plans, and the terms differ from project to project and from launch to launch. We confirm the current plan with the developer and give you the date of that confirmation. This is free for you. The off-plan guide explains how plans are built.
In Dubai, DAMAC handed over 3,556 homes between 1 January and 15 October 2026 (DXB Interact, Developers Delivery 2026). This is the Dubai figure only.
Use our developer comparison to put DAMAC next to other developers: where they build, what they sell and what they have delivered. We can also compare specific projects for you.
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We'll come back with the three projects that pass our checks, side by side.
