About Damac

DAMAC Properties is an Emirati property development company, based in Dubai. DAMAC Properties is part of DAMAC Group, which has been a key player in the Middle East’s luxury real estate market since 1982.


Damac’s ongoing projects in Dubai

Safa Two Tower
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Safa Two

Safa 2 is an off-plan project featuring a tower that hosts a selection of luxury apartments and lifestyle experiences unique to the city of Dubai.

Delivery Date: Q2 2027

1 – 3 Beds / Townhouses
Safa Two, Business Bay, Dubai


Damac Canal Heights Business Bay
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Damac Canal Heights

Damac Canal Heights offers studios, 1 and 2 bedroom apartments with exclusive Canal views. 

Delivery Date: Q3 2027

1 – 2 Beds / Studios & Apartments
Canal Heights, Business Bay, Dubai
Damac Bay 2
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Damac Bay 2 by Cavalli

This 49-storey tower will be located in close proximity to DAMAC Bay by Cavalli, in the desirable area of Dubai Harbour.

Delivery Date: Q2 2027

1 – 5 Beds / Apartments
Damac Bay 2, Dubai Harbour, Dubai
Damac Elegance Tower
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Elegance Tower

Elegance Tower is a premium off-plan residential project. This luxurious 26-storey tower is located in Downtown Dubai, steps away from The Dubai Mall.

Delivery Date: Q3 2026

1 – 2 Beds / Apartments
Elegance Tower, Downtown Dubai, Dubai
Damac Lagoons Ibiza
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Ibiza, Damac Lagoons

Ibiza is a new addition to the well-known community of DAMAC Lagoons, located opposite DAMAC Hills. It features an exclusive private beach resort & lifestyle amenities.

Delivery Date: Q4 2025

4 – 5 Beds / Townhouses
Ibiza, Damac Lagoons, Dubai
Cavalli Couture Tower
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Cavalli Couture

Cavalli Couture Tower at Safa Park features super luxury 3, 4 & 5 bedroom apartments located at Dubai Water Canal.

Delivery Date: Q4 2025

3 – 5 Beds / Apartments
Cavalli Couture, Al Safa 1, Dubai
Damac Gems Estates
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Gems Estates

GEMS Estates at Damac Hills is a new development that features gemstone life in luxurious 5, 6, & 7-bedroom iconic villas designed by Damac Cavalli & de GRISOGONO.

Delivery Date: Q4 2025

5 – 7 Beds / Villas
Gems Estates, Damac Hills, Dubai
Monte Carlo Damac lagoons
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Monte Carlo, Damac Lagoons

Monte Carlo by Damac brings the laced collection of luxurious 4 & 5 bedroom townhouses located at Damac Lagoons.

Delivery Date: Q4 2025

4 – 5 Beds / Townhouses
Montecarlo, Damac Lagoons, Dubai
Chic tower
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Chic Tower

Chic Tower is a top-class luxury destination branded by De Grisogono that features studios, 1 & 2 bedroom apartments located at Business Bay, Dubai. 

Delivery Date: Q3 2025

1 – 3 Beds / Apartments & Studios
Chic Tower, Business Bay, Dubai
Camelia Damac
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Camelia, Damac Hills 2

Find a home in a community with its own one-of-a-kind charm at Camelia Villas. Camelia at Damac Hills 2 offers 3-bedroom luxury townhouses with epic amenities.

Delivery Date: Q2 2025

3 Beds / Townhouses
Camelia, Damac Hills 2, Dubai


Damac Lagoons
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See also: Marbella, Venice, Costa Brava, Ibiza, Malta, Portofino, Nice, Santorini

Damac Lagoons

Inspired by wonders of the Mediterranean, DAMAC Lagoons offers elegant villas and townhouses surrounded by azure blue lagoons and white sandy beaches.

Delivery Date: Q4 2025

3 – 6 Beds / Apartments
Damac Lagoons, Dubai

What is Damac Properties?

DAMAC Properties is a leading luxury real estate developer based in Dubai, United Arab Emirates. The company was founded in 2002 by Hussain Sajwani as a part of the DAMAC Group, founded in 1982. DAMAC Properties since then delivered over 29,000 homes and has a development portfolio of more than 40,000 units.

What kind of properties does DAMAC Properties develop?

DAMAC Properties specializes in developing luxury residential properties, commercial properties, and mixed-use developments. The company has built some of the most iconic structures in Dubai, including the Trump International Golf Club Dubai, the DAMAC Towers by Paramount Hotels and Resorts, and Damac Hills 2 (formerly known as ‘Akoya Oxygen’).

Where do DAMAC Properties operate?

DAMAC Properties operates primarily in Dubai and the United Arab Emirates. However, the company has expanded its operations to other countries in the Middle East, Europe, and North Africa, including Saudi Arabia, Qatar, Jordan, Lebanon, and the United Kingdom.