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Tamara Getigezheva
Co-Founder
All Projects by Damac
For Sale
DAMAC Islands 2 — Mauritius
Villas, Townhouses
Handover
Q2 2030
Bedrooms
4-5
Starting from
AED 2,994,000
For Sale
Cavalli Couture
Apartments, Penthouses, Serviced Apartments
Handover
Q2 2025
Bedrooms
3-6
Starting from
AED 16,610,000
DAMAC Off-Plan Projects: Prices, Payment Plans & New Launches
Payment Plans & Prices
DAMAC payment plans in Dubai are structured around a construction-linked model, and the developer is best known locally for popularising the 1% monthly instalment structure on selected launches. Depending on the project and community, current DAMAC payment plans range from a 20% down payment with 55% during construction and 25% on handover (DAMAC Islands villas and townhouses), to 20/40/40 splits (DAMAC District at DAMAC Hills), to post-handover-linked plans extending 60/40 or 70/30 with the balance settled after handover over up to 60 months. A 4% Dubai Land Department (DLD) registration fee applies on top of the purchase price at the point of sale.
New Launches by DAMAC in 2026
DAMAC's most recent Dubai launches extend its two flagship waterfront and island concepts. DAMAC Islands 2 continues the tropical island theme of DAMAC Islands in Dubailand, adding new destination-inspired clusters at a starting price of AED 2.99 million. At DAMAC Riverside, the Azure 2 release adds further waterfront inventory to the wider DAMAC Riverside community in Dubai Investment Park. Recent branded and central-Dubai launches include Chelsea Residences in Dubai Maritime City, developed in partnership with Chelsea Football Club, Safa Gate near Safa Park, Couture by Cavalli, and Canal Heights 2 by de GRISOGONO — all currently listed among DAMAC's featured and most-searched projects.
Property Types
DAMAC's Dubai portfolio spans studios, 1–3 bedroom apartments, townhouses, villas and branded penthouses. At DAMAC District in DAMAC Hills, 1-bedroom apartments average around 740 sq ft and 2-bedroom units average around 1,220 sq ft. Villa and townhouse product is concentrated in DAMAC Hills, DAMAC Hills 2, DAMAC Lagoons and DAMAC Islands, while high-rise apartments and branded residences — including collaborations with Cavalli, Versace, Fendi and de GRISOGONO — are concentrated along Business Bay, Dubai Harbour, Dubai Maritime City and the Safa area.
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About DAMAC
DAMAC Properties was established in 2002 in Dubai, as the property development arm of the DAMAC Group of Companies, founded by Hussain Sajwani. From its early residential towers, the developer expanded into master-planned communities, branded residences and island-resort concepts, building a reputation for pairing large-scale infrastructure with design-led amenities across its Dubai portfolio.
Within the UAE, DAMAC develops across Dubai, Abu Dhabi and Ras Al Khaimah, and its footprint extends to 15 cities globally, including Riyadh, Doha, Beirut, Amman, Baghdad, London and the Maldives. Its Dubai branded-residence collaborations include Cavalli, Versace, Fendi, de GRISOGONO, Paramount, Radisson, Rotana, Mandarin Oriental and, more recently, Chelsea Football Club, alongside earlier golf-community developments built in partnership with the Trump Organization.
DAMAC's current scale reflects two decades of continuous delivery: over 50,000 residential units handed over to date, more than 54,000 additional units in progress or planning, and a workforce of over 3,000 employees supporting a project pipeline of more than 100 million sq ft across the group's active markets.
DAMAC Key Facts
DAMAC's scale is best read through a handful of headline figures that describe its delivery track record and current pipeline.
2002
The year DAMAC Properties was founded in Dubai by Hussain Sajwani, marking the start of the DAMAC Group's real estate development division.
50,000+
Residential units delivered by DAMAC to date across its Dubai and international communities.
54,000+
Units currently in progress or planning, spread across more than 100 million sq ft of active project area.
15 cities
The number of cities where DAMAC has a development presence worldwide, spanning Dubai, Riyadh, Doha, Beirut, Amman, Baghdad and London.
Investment Advantages
Rental Yields & Capital Appreciation
Delivered DAMAC communities post gross rental yields in the region of 6–8%, and off-plan units in DAMAC Lagoons and DAMAC Hills have shown capital appreciation of roughly 15–40% between launch and handover, according to third-party market data.
Flexible, Construction-Linked Payment Plans
DAMAC is closely associated in the Dubai market with the 1% monthly payment structure, alongside post-handover plans that extend the balance over up to 60 months, reducing the upfront capital required to secure a unit.
Golden Visa Eligibility
Most 2-bedroom-and-above apartments, townhouses and villas across DAMAC’s portfolio are priced above the AED 2 million threshold, qualifying eligible buyers for the UAE’s 10-year renewable Golden Visa.
Branded Residence Premium
DAMAC’s collaborations with Cavalli, Versace, Fendi, de GRISOGONO and Chelsea Football Club give its branded towers a distinct resale and rental positioning compared with standard freehold stock in the same submarkets.
Key Areas by DAMAC
DAMAC's largest master communities sit in Dubailand and along Emirates Road: DAMAC Hills is built around the Trump International Golf Club and combines villas, townhouses and apartments within a gated environment, while its low-density extension, DAMAC Hills 2, adds family-oriented villas and townhouses with resort-style amenities including a wave pool. DAMAC Lagoons is themed around Mediterranean destinations such as Marbella, Portofino and Santorini, and DAMAC Islands and its newer phase, DAMAC Islands 2, are built around tropical island clusters including Maldives-, Bali- and Fiji-inspired themes.
Closer to central Dubai, DAMAC Riverside occupies a waterfront position in Dubai Investment Park, while DAMAC's high-rise and branded portfolio concentrates around Business Bay and Dubai Harbour (Aykon City, DAMAC Bay by Cavalli), Dubai Maritime City (Chelsea Residences) and the Safa Park area (Safa One, Safa Two, Safa Gate).