DAMAC Properties
DAMAC Properties is one of the largest luxury real estate developers in the Middle East, known for partnerships with fashion brands like Versace, Fendi, and Roberto Cavalli.
Key Metrics
Track Record
Notable Projects
Average PSF Trend (2020–2025)
Project History
| Project Name | Year | Units | Area |
|---|---|---|---|
| DAMAC Hills 1 | 2018 | 15,000 | Dubailand |
| DAMAC Hills 2 | 2020 | 20,000 | Dubailand |
| Cavalli Tower | 2025 | 485 | Dubai Marina |
| Aykon City | 2021 | 1,400 | Business Bay |
Typical Payment Plan
About DAMAC Properties
DAMAC Properties, headquartered in Dubai, UAE, has been a significant force in UAE real estate for over two decades since its founding in 2002. With 52 projects delivered across the Emirates, the developer has established a track record that investors can evaluate against concrete performance metrics.
DAMAC Properties is one of the largest luxury real estate developers in the Middle East, known for partnerships with fashion brands like Versace, Fendi, and Roberto Cavalli. Their average price per square foot of AED 1,950 positions them in the mid-to-premium segment of the market.
Best Projects by DAMAC Properties
Among DAMAC Properties's portfolio, standout developments include DAMAC Hills, Aykon City, Cavalli Tower. Each project reflects varying approaches to market positioning, from entry-level apartment stock to premium branded residences.
For investors evaluating specific projects, our investment simulator allows you to model returns using DAMAC Properties's typical payment plans and area-specific yield data.
Investment Performance
DAMAC Properties properties deliver gross yields between 6% and 8%, with a delivery rate of 88%. The developer's cycle resilience score is rated "High" — meaning their projects have historically maintained value even during market corrections.
Resale performance varies by project and area, but investors should verify individual project performance using DLD transaction records before committing capital. Visit our developer rankings for comparative analysis.
Who Buys DAMAC Properties Properties
The typical DAMAC Properties buyer profile includes a mix of local and international investors, corporate buyers, and families upgrading within Dubai.
FAQ — DAMAC Properties
AI Answers — DAMAC Properties
Is DAMAC Properties a reliable developer?
DAMAC Properties has a 88% delivery rate across 52 projects delivered. Cycle resilience is rated "High". Founded 2002, headquartered in Dubai, UAE.
What yield do DAMAC Properties properties offer?
DAMAC Properties projects yield 6-8% gross. Average price per sqft is AED 1,950. Notable projects include DAMAC Hills, Aykon City, Cavalli Tower.
Should I invest in a DAMAC Properties project?
Luxury positioning with global brand partnerships. Monitor delivery timelines carefully. Use the Sikandar Simulator for project-specific ROI analysis.
Projects by DAMAC Properties
Aykon City
Business Bay · Ready
AED 2,000/sqft
DAMAC Hills
DAMAC Hills · Ready
AED 1,500/sqft
Paramount Tower Hotel & Residences
Business Bay · Ready
AED 1,900/sqft
DAMAC Hills 2
DAMAC Hills 2 · Ready
AED 900/sqft
DAMAC Lagoons
DAMAC Lagoons · Off-plan
AED 1,200/sqft
Cavalli Tower
Dubai Marina · Off-plan
AED 3,000/sqft
Safa One
Al Safa · Off-plan
AED 2,800/sqft
Related Intelligence
About this data
Data on this page is compiled by Syed Sikandar (RERA #75044), a Dubai-licensed real estate broker at Bemine Properties with 5 years of market experience. DAMAC Properties data is compiled from DLD records, public filings, and Sikandar's proprietary developer scoring methodology. Scores are provisional pending DLD API integration. Last updated: Q1 2026.