Question 1

Who is DAMAC Properties?

Accepted Answer

DAMAC Properties is one of the Middle East's most globally recognized and boldly ambitious luxury real estate developers — founded in Dubai in 2002 by Hussain Sajwani. With over 43,000 delivered homes across the UAE and internationally, DAMAC is best known for its extraordinary portfolio of fashion and lifestyle-branded residences — featuring collaborations with Roberto Cavalli, Versace Home, Fendi Casa, de GRISOGONO, and Paramount Hotels & Resorts — and for master-planned communities including DAMAC Hills, DAMAC Hills 2, DAMAC Lagoons, and DAMAC Islands that have made it one of the most prolific and internationally recognized private developers in UAE real estate history

Question 2

Who founded DAMAC Properties?

Accepted Answer

DAMAC Properties was founded in 2002 by Hussain Sajwani — one of the Arab world's most prominent, most outspoken, and most internationally recognized business figures. Born in Dubai, Sajwani studied at the University of Washington before returning to the UAE to build DAMAC from a single development company into a global real estate brand with operations across the UAE, Saudi Arabia, Qatar, Jordan, Lebanon, the United Kingdom, Canada, and the United States. Hussain Sajwani remains Chairman of DAMAC Properties and continues to be the driving creative and commercial force behind the company's bold vision and extraordinary growth ambition.

Question 3

Is DAMAC Properties a government company?

Accepted Answer

No — DAMAC Properties is a privately owned company. DAMAC was listed on the Dubai Financial Market (DFM) in 2015 but was taken private by Hussain Sajwani and his family interests in 2023. DAMAC operates entirely as a private enterprise with no government ownership — making it one of the largest and most successful privately held real estate development companies in the entire Middle East.

Question 4

Is DAMAC a good developer to invest with?

Accepted Answer

Yes — DAMAC Properties is one of Dubai's most established, most delivered, and most internationally recognized developer brands, offering a compelling investment proposition built on over two decades of consistent execution, a 43,000+ unit delivery track record, a globally celebrated branded residence portfolio, and master-planned communities that consistently deliver strong rental yields and capital appreciation. DAMAC's branded residence collaborations — de GRISOGONO, Roberto Cavalli, Versace Home — create a structural premium over non-branded equivalents that sustains long-term value. For investors who prioritize brand recognition, lifestyle premium, bold design, and a developer with a proven large-scale delivery record, DAMAC is one of Dubai's most compelling investment choices.

Question 5

What is DAMAC Hills?

Accepted Answer

DAMAC Hills is DAMAC's flagship and most celebrated master-planned community — a 42 million sq ft golf course community in Dubailand built around the Trump International Golf Club Dubai, one of the world's most globally recognized golf brands. Home to over 30,000 residents, DAMAC Hills is one of Dubai's most established, most self-contained, and most lifestyle-rich residential communities — featuring apartments, townhouses, villas, and ultra-luxury golf mansions across multiple sub-communities, alongside a comprehensive retail, dining, healthcare, education, and leisure infrastructure that makes it one of the emirate's most genuinely complete residential destinations. Entry prices from AED 800,000.

Question 6

Is DAMAC a good developer to invest with?

Accepted Answer

Yes — DAMAC Properties is one of Dubai's most established, most delivered, and most internationally recognized developer brands, offering a compelling investment proposition built on over two decades of consistent execution, a 43,000+ unit delivery track record, a globally celebrated branded residence portfolio, and master-planned communities that consistently deliver strong rental yields and capital appreciation. DAMAC's branded residence collaborations — de GRISOGONO, Roberto Cavalli, Versace Home — create a structural premium over non-branded equivalents that sustains long-term value. For investors who prioritize brand recognition, lifestyle premium, bold design, and a developer with a proven large-scale delivery record, DAMAC is one of Dubai's most compelling investment choices.

Question 7

What is DAMAC Hills?

Accepted Answer

DAMAC Hills is DAMAC's flagship and most celebrated master-planned community — a 42 million sq ft golf course community in Dubailand built around the Trump International Golf Club Dubai, one of the world's most globally recognized golf brands. Home to over 30,000 residents, DAMAC Hills is one of Dubai's most established, most self-contained, and most lifestyle-rich residential communities — featuring apartments, townhouses, villas, and ultra-luxury golf mansions across multiple sub-communities, alongside a comprehensive retail, dining, healthcare, education, and leisure infrastructure that makes it one of the emirate's most genuinely complete residential destinations. Entry prices from AED 800,000.

Question 8

What is DAMAC Hills 2?

Accepted Answer

DAMAC Hills 2 — previously known as Akoya Oxygen — is DAMAC's second major golf and nature-themed master-planned community in Dubailand, positioned as a more affordable and family-oriented alternative to DAMAC Hills. Featuring a Trump World Golf Club, extensive green open spaces, cycling tracks, water parks, and a growing retail and lifestyle infrastructure, DAMAC Hills 2 is one of Dubai's fastest-growing and most value-driven residential communities — offering studios from AED 547,000 and 4-bedroom townhouses from AED 1.8 million across active phases including ELO, ELO 2, ELO 3, Violet, Natura, and Verona.

Question 9

What is DAMAC Lagoons?

Accepted Answer

DAMAC Lagoons is DAMAC's Mediterranean-inspired waterfront masterplan in Dubailand — one of the developer's most imaginative, most visually compelling, and most internationally subscribed communities. Built around a network of crystal lagoons and organized into residential clusters named after and inspired by iconic Mediterranean destinations — Venice, Santorini, Mykonos, Portofino, Ibiza, Morocco, Marbella, Nice, Costa Brava, and Malta — DAMAC Lagoons delivers a genuinely unique thematic lifestyle concept that resonates powerfully with Dubai's large and diverse international buyer community. Townhouses and villas start from AED 1.4 million.

Question 10

What is DAMAC Islands?

Accepted Answer

DAMAC Islands is DAMAC's newest and most rapidly expanding masterplan — a tropical island-themed community in Dubailand organized into residential clusters named after the world's most beautiful island destinations including Antigua, Bermuda, Bahamas, Cuba, Tahiti, and Maui. Offering 4 and 5-bedroom townhouses and villas starting from AED 2.75 million, DAMAC Islands is one of the developer's most ambitious and fastest-selling recent launches — combining DAMAC's signature thematic lifestyle concept with a more premium villa and townhouse product than its earlier Lagoons masterplan.

Question 11

What are DAMAC's branded residence projects?

Accepted Answer

DAMAC Properties has developed the most extensive and most globally celebrated portfolio of fashion and lifestyle-branded residences in real estate history — featuring collaborations with some of the world's most iconic luxury brands:

Safa One & Safa Two by de GRISOGONO — Sheikh Zayed Road luxury towers featuring the legendary Swiss jewellery brand's design DNA
DAMAC Bay by Cavalli — Ultra-luxury Roberto Cavalli-branded waterfront tower at Dubai Harbour
Cavalli Tower — Roberto Cavalli-designed luxury tower on Dubai Marina waterfront
Canal Heights 2 by de GRISOGONO — Business Bay luxury apartments with de GRISOGONO design collaboration
Versace Home residences — DAMAC Towers by Paramount featuring Versace Home-designed interiors
Fendi Casa — Select DAMAC residences featuring Fendi Casa-furnished common areas and interiors
Branded residences consistently command premiums of 20–35% over non-branded equivalents and deliver superior rental rates, occupancy levels, and international buyer demand.

Question 12

What is Safa One?

Accepted Answer

Safa One is one of DAMAC's most visually spectacular and architecturally extraordinary residential developments — a landmark ultra-luxury tower on Sheikh Zayed Road in Business Bay featuring a sky-level tropical forest, hanging gardens, a de GRISOGONO-inspired design concept, and some of the most dramatic and distinctive residential architecture ever built on Dubai's most famous boulevard. Offering studios through to 3-bedroom luxury apartments and penthouses from AED 1.2 million, Safa One is one of Dubai's most talked-about and globally recognized residential addresses — a tower whose extraordinary visual identity and sky-level green concept creates a residential scarcity and desirability premium that is entirely without peer on Sheikh Zayed Road.

Question 13

What is Safa Two?

Accepted Answer

Safa Two is the extraordinary sequel to Safa One — an equally bold and visually dramatic ultra-luxury residential tower on Sheikh Zayed Road featuring a sky-level lagoon, de GRISOGONO design collaboration, and DAMAC's most ambitious architectural statement to date. Offering studios through to 3-bedroom luxury apartments and sky villas from AED 788,000, Safa Two delivers the same extraordinary Sheikh Zayed Road address, de GRISOGONO design prestige, and sky-level lifestyle drama as its predecessor — at a more accessible entry price point that has made it one of DAMAC's most internationally subscribed and fastest-selling recent launches.

Question 14

What is the Trump International Golf Club Dubai?

Accepted Answer

The Trump International Golf Club Dubai is an 18-hole championship golf course at the heart of DAMAC Hills — developed in partnership with the Trump Organization and designed to championship standard by Gil Hanse, one of the world's most celebrated golf course architects. One of the most globally recognized golf brands in the world, the Trump International Golf Club Dubai gives DAMAC Hills golf-fronting properties a prestige premium and international marketing reach that no other Dubai golf community can match — and creates a permanent and powerful lifestyle anchor that sustains residential demand, rental rates, and capital values across the entire DAMAC Hills masterplan.

Question 15

How does DAMAC compare to Emaar?

Accepted Answer

DAMAC and Emaar are both major Dubai developers but with distinctly different brand positioning, development philosophies, and investment profiles. Emaar is Dubai's largest developer — a company with government shareholder backing, a 100,000+ unit delivery track record, and a masterplan portfolio of unmatched global recognition built on community quality, lifestyle infrastructure, and long-term value creation. DAMAC is a bold, privately owned developer whose identity is built on fashion branding, design drama, thematic lifestyle concepts, and a willingness to take creative and commercial risks that more conservative developers would never contemplate. Emaar delivers community prestige, masterplan maturity, and long-term value stability. DAMAC delivers branded lifestyle premium, design spectacle, and a more aggressive off-plan appreciation dynamic. Both are excellent investment choices — the decision typically comes down to whether the buyer prioritizes community depth and brand conservatism (Emaar) or lifestyle drama and branded residence premium (DAMAC).

Question 16

What is the minimum investment in a DAMAC property?

Accepted Answer

In 2026, the minimum entry point for a DAMAC property is approximately AED 547,000 — for studios in ELO within DAMAC Hills 2. DAMAC's mid-range offering spans AED 800,000 to AED 3 million across apartments, townhouses, and villas in DAMAC Hills, DAMAC Hills 2, DAMAC Lagoons, and DAMAC Islands. Premium branded residences in Safa Two start from AED 788,000 and DAMAC Bay by Cavalli from AED 3.5 million. Ultra-luxury products — Utopia mansions in DAMAC Hills and Nineteen Riviera Lagoon villas — start from AED 18–20 million.

Question 17

What rental yields do DAMAC properties deliver?

Accepted Answer

DAMAC properties — particularly studios and 1-bedroom apartments in DAMAC Hills and DAMAC Hills 2 — consistently deliver gross rental yields of 6–9%, driven by the developer's competitive entry prices, strong and growing community populations, and consistent demand from Dubai's large rental market for well-located, lifestyle-rich, and amenity-rich community living. DAMAC's branded residences — particularly hotel apartments within DAMAC Maison and DAMAC Maison Royale — deliver managed rental returns through DAMAC's hospitality programs that provide a more hands-off investment vehicle for international investors.

Question 18

What payment plans does DAMAC offer?

Accepted Answer

DAMAC consistently offers some of Dubai's most investor-friendly and creative payment plan structures — commonly featuring booking deposits of 10–20%, phased construction installments, and post-handover payment options across its off-plan portfolio. DAMAC is also known for running periodic promotional payment plan campaigns — including 1% monthly payment structures and extended post-handover plans of up to 5 years — that significantly reduce the upfront capital requirement and maximize the accessibility of its investment product. Contact Ahyan Real Estate for the most current DAMAC payment plan terms on any specific project.

Question 19

Can foreigners buy DAMAC properties in Dubai?

Accepted Answer

Yes. All DAMAC residential projects in Dubai are developed within designated freehold areas — allowing foreign nationals and expatriates of all nationalities to purchase with 100% freehold ownership rights, full rights to resell, lease, or inherit, and eligibility for the UAE 10-year Golden Visa on qualifying property investments above AED 2 million. DAMAC's broad portfolio means the AED 2 million Golden Visa threshold is accessible across multiple community and product types — including townhouses in DAMAC Lagoons and DAMAC Islands and branded apartments in Safa One, Safa Two, and DAMAC Bay by Cavalli.

Question 20

Does DAMAC build outside Dubai?

Accepted Answer

Yes — DAMAC Properties has a significant international development portfolio spanning Saudi Arabia, Qatar, Jordan, Lebanon, the United Kingdom (DAMAC Tower Nine Elms, London), Canada, and the United States. However, DAMAC's Dubai portfolio remains by far its most significant, most delivered, and most globally recognized development platform — and Dubai continues to be the primary focus of the company's development ambition and investment in 2026.

Question 21

What is DAMAC's hospitality brand?

Accepted Answer

DAMAC's hospitality portfolio operates under three primary brands — DAMAC Maison (luxury serviced apartment hotels), DAMAC Maison Royale (ultra-luxury serviced residences), and Paramount Hotel Dubai (the flagship Paramount-branded hotel within DAMAC Towers by Paramount in Business Bay). DAMAC's hospitality brands add a managed rental program dimension to select residential investment products — allowing buyers of hotel apartment units to participate in DAMAC's managed rental program and receive a share of the property's hotel room revenue.

Question 22

How do I buy a DAMAC property through Ahyan Real Estate?

Accepted Answer

Ahyan Real Estate is a fully authorized DAMAC Properties sales partner — providing direct access to all DAMAC off-plan launches, primary sales, and secondary market transactions across the full DAMAC portfolio in Dubai. Contact our team to receive the latest project information, payment plan details, unit availability, floor plans, and personalized investment guidance tailored to your budget, lifestyle requirements, and investment objectives. Whether you are looking for an accessible studio investment in DAMAC Hills 2, a Mediterranean lagoon townhouse in DAMAC Lagoons, a branded de GRISOGONO residence in Safa Two, or an ultra-luxury golf mansion in DAMAC Hills — Ahyan Real Estate is your trusted partner for the complete DAMAC Properties investment journey.

Project	Community	Type	Starting Price	Handover
Antigua	DAMAC Islands 2	Villas & Townhouses	AED 2.99M	Q2 2029
Bermuda	DAMAC Islands 2	Villas & Townhouses	AED 2.75M	Q4 2029
Bahamas / Barbados / Cuba / Tahiti / Maui	DAMAC Islands 2	Villas & Townhouses	AED 2.75M+	2029–2030
Malta / Nice	DAMAC Lagoons	Townhouses	AED 1.4M	Q1–Q2 2026
Portofino / Marbella	DAMAC Lagoons	Townhouses & Villas	AED 1.9M	Mid-2026
Morocco	DAMAC Lagoons	Townhouses	AED 2.99M	Late 2026
Nineteen Riviera Lagoon	DAMAC Lagoons	Ultra-Luxury Villas	AED 20M	Q4 2026
Valencia	DAMAC Lagoons	Apartments	AED 725K	2029
ELO / ELO 2 / ELO 3	DAMAC Hills 2	Apartments	AED 547K	2026–2027
Violet / Natura / Verona	DAMAC Hills 2	Townhouses	AED 1.8M	Q2–Q3 2026
Utopia	DAMAC Hills	Mansions	AED 18.1M	Q4 2026
DAMAC District	DAMAC Hills	Apartments	AED 1.39M	Q1 2029
Safa Two	Sheikh Zayed Road	Luxury Apartments	AED 788K	Q4 2026
Canal Heights	Business Bay	Apartments	AED 1.25M	Q4 2026
Chic Tower	Business Bay	Apartments	AED 823K	Q2 2026
Chelsea Residences	Dubai Maritime City	Apartments	AED 2.56M	Q4 2029
DAMAC Bay by Cavalli	Dubai Harbour	Branded Residences	AED 3.5M	2026–2027
Bugatti Residences	Business Bay	Ultra-Luxury	AED 15M+	TBA
Couture by Cavalli	TBA	Branded Residences	TBA	TBA
DAMAC Riverside Views	DIP	Apartments	AED 900K+	TBA
DAMAC Sun City	Dubailand	Villas & Townhouses	TBA	TBA

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DAMAC Properties