DAMAC Properties
One of the largest private developers in the UAE and a pioneer of branded residences. DAMAC combines architecture, high fashion and investment real estate, creating projects with brands such as Roberto Cavalli and de GRISOGONO.
- AED 36B Property sales in 2025
- Design World-renowned brands
What the Developer Is Known For
Global Development Scale
Over 20 years, DAMAC has built an international real estate portfolio across seven global markets. The company’s portfolio includes more than 100,000 completed and planned residential units.
DAMAC focuses on large master-planned communities, branded residential developments, and luxury real estate projects across the UAE and international markets.
Leadership in Branded Residences
DAMAC is recognised for branded residential developments created in partnership with international luxury brands. The group owns the Roberto Cavalli fashion house, controls the de GRISOGONO jewelry brand, and collaborates with brands such as Versace and the Trump Organization.
Projects such as Cavalli Tower and Safa One recorded price growth of 25–40% by completion, reflecting strong demand for branded residential products.
Record-Breaking Project Launches
DAMAC achieved a Guinness World Records title for the highest revenue generated from a real estate launch in a single day, when DAMAC Islands Phase 1 recorded more than AED 10.2 billion in sales within 24 hours.
Subsequent launches have continued to demonstrate similar liquidity. In 2025, the launch of DAMAC Islands 2 generated approximately AED 11 billion (USD 3 billion) in sales within five hours, highlighting strong investor demand for large master-planned communities
Large Master-Planned Communities
DAMAC develops large residential districts released in multiple phases over several years. Major examples include DAMAC Hills, DAMAC Lagoons, and DAMAC Islands.
These projects combine villa neighbourhoods and apartment clusters within a single master plan. Infrastructure, retail areas and leisure facilities are delivered gradually as each phase of the community is completed.
Next-Generation Digital Infrastructure
Through its EDGNEX division, DAMAC is investing up to USD 20 billion in AI-ready data centres. The planned portfolio capacity exceeds 2 gigawatts, positioning the company among the largest private investors in digital infrastructure.
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What is DAMAC Properties?
DAMAC Properties is one of the largest private real estate developers in the UAE. The company develops residential, commercial and master-planned communities in Dubai and international markets, with a portfolio of more than 100,000 completed and planned units.
Who owns DAMAC Properties?
DAMAC Properties was founded and is owned by Emirati businessman Hussain Sajwani, the chairman of DAMAC Group.
When was DAMAC founded?
DAMAC Properties was founded in 2002 in Dubai and has been developing residential and mixed-use real estate projects for over 20 years.
What projects is DAMAC known for?
DAMAC is known for developments such as DAMAC Hills, DAMAC Lagoons, Cavalli Tower, Safa One, and DAMAC Islands, as well as several branded residential towers developed in partnership with international luxury brands.
How many properties has DAMAC developed?
DAMAC’s portfolio includes more than 100,000 completed and planned residential units across the Middle East, Europe and other international markets.
Does DAMAC build branded residences?
Yes. DAMAC is known for branded residential projects created in partnership with luxury brands. The developer owns the Roberto Cavalli fashion house, controls the de GRISOGONO jewelry brand, and collaborates with brands such as Versace and the Trump Organization.
Does DAMAC have projects in Ras Al Khaimah?
DAMAC has announced projects in Ras Al Khaimah, including DAMAC Bay by Cavalli and other branded developments planned near the emirate’s growing resort corridor. Most DAMAC communities, however, are located in Dubai, including major projects such as DAMAC Hills, DAMAC Lagoons, and DAMAC Islands.
What record did DAMAC set for property sales?
DAMAC achieved a Guinness World Records title for the highest revenue generated from a real estate launch in a single day when DAMAC Islands Phase 1 recorded more than AED 10.2 billion in property sales within 24 hours. Subsequent launches have shown similar demand, including approximately AED 11 billion in sales within five hours during a later phase launch.
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