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Damac
Established
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Global presence
2002
UAE
UAE, Saudi Arabia, Qatar, Jordan, Lebanon, Oman, United Kingdom
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About the developer
DAMAC Properties, a subsidiary of DAMAC Group, is a leading developer in the UAE. Over its 22 years in the real estate market, the developer has successfully completed over 40,000 projects in 7 countries. In the last decade, the pace of construction has only accelerated, confirming the company's stable growth and reliability. The company has become one of the world's foremost luxury developers, with projects spanning the GCC, Levant, Middle East, United States, and United Kingdom. The developer has received more than 100 awards for architecture and design, as well as for its contributions to real estate and hospitality. In 2020, it was nominated as the «Most Socially Responsible Real Estate Company». The company focuses on comfort, innovation, and high-quality construction in its projects, prioritizing sustainable development and environmental safety.
The project portfolio includes spacious serviced apartments, five-star hotels, and residential communities. The developer is known for collaborating with global brands — Versace, Fendi, Bugatti, and Paramount Hotels & Resorts. One of the premium projects, Damac Tower Nine Elms, was valued at $758 million. The complex was created in collaboration with the renowned brand Versace Home and is considered the tallest residential tower in London. The flagship project, Trump International Golf Club, is a world-class development featuring an 18-hole golf course, restaurants, a fitness club, and a swimming pool. In addition to construction, the company is involved in the hospitality industry, asset management, and property maintenance services. The developer supports charitable initiatives and educational programs aimed at improving living conditions in the regions where they operate.
The project portfolio includes spacious serviced apartments, five-star hotels, and residential communities. The developer is known for collaborating with global brands — Versace, Fendi, Bugatti, and Paramount Hotels & Resorts. One of the premium projects, Damac Tower Nine Elms, was valued at $758 million. The complex was created in collaboration with the renowned brand Versace Home and is considered the tallest residential tower in London. The flagship project, Trump International Golf Club, is a world-class development featuring an 18-hole golf course, restaurants, a fitness club, and a swimming pool. In addition to construction, the company is involved in the hospitality industry, asset management, and property maintenance services. The developer supports charitable initiatives and educational programs aimed at improving living conditions in the regions where they operate.
Top projects
Cavalli Tower
A 70-story tower is a collaboration with the fashion house Roberto Cavalli. The complex features apartments with 1-4 bedrooms. Each unit features designer interiors, floor-to-ceiling windows, and spacious balconies. The infrustructure includes infinity pools, a gym, relaxation areas, restaurants, a multifunctional center, and parking.
Natura
The residential complex in the DAMAC Hills 2 includes 3-story townhouses with 4 bedrooms and an area of 2,357 to 2,411 sq. feet. The residences feature high-quality finishes, patios, private gardens, garages, and spacious balconies. Residents enjoy access to Malibu Beach, a paintball park, pools, a zoo, a lake, and outdoor cinemas.
Damac Hills
This premium community includes 3,000 townhouses, 4,000 apartments, and exclusive villas. The area features a public park, stables, artificial ponds with fountains, a fishing lake, pools, a club with a gym, children’s and sports playgrounds, supermarkets, restaurants, schools, kindergartens, and a medical center.
Damac Bay
The project includes 3 towers ranging from 30 to 40 floors connected by a podium. The apartments, available with 1 to 5 bedrooms, feature high-end finishes, full furnishings, floor-to-ceiling windows, and spacious balconies. The complex offers an infinity pool, a children's playground, a gym, a yoga studio, a sauna, a barbecue area, a private beach, and parking.
FAQ
DAMAC Properties boasts an impressive portfolio of luxury projects. Among the iconic projects are Damac Bay, Canal Heights, Skycrest Collection, Golf Greens, Damac Hills, Damac Tower Nine Elms, and Cavalli Tower.
According to Law No. (6) of 2019 Concerning Ownership of Jointly Owned Real Property in the Emirate of Dubai, the developer provides a 1-year warranty on interior finishes.
Yes, the developer shares photo updates of the construction stages on the official Dubai Land Department portal. Also, detailed progress information is on the property’s page on TrendAgent.
For an investor, the minimum investment amount is 750,000 AED. If the ownership of real estate is registered for spouses, the investment is 1,000,000 AED.
An investor can include a spouse and children under 18 in the application.
The validity period of the visa depends on the total amount of the investment:
2-year visa — from 750,000 AED
10-year visa — from 2,000,000 AED
An investor can include a spouse and children under 18 in the application.
The validity period of the visa depends on the total amount of the investment:
2-year visa — from 750,000 AED
10-year visa — from 2,000,000 AED
Yes, documents can be signed remotely. After the down payment is made, the original documents will be sent to the buyer at the residential address.