Skip to content
OAC18 Properties logo

Developer

DAMAC Properties

Volume Dubai developer working across Dubailand, DAMAC Hills, Dubai Investments Park, Sheikh Zayed Road and Dubai Maritime City.

Upper-mid tier

About DAMAC Properties

What the name tells you.

DAMAC has been building in Dubai since 2002 and works at scale, through its own master communities and through branded partnerships. Its homepage states more than 50,000 homes delivered, 54,000 more in planning and progress, over 100 million square feet of project area and eight master communities; those are DAMAC's own figures, printed with an asterisk whose footnote the page does not show, and we have not been able to check them. The thing to understand about buying from DAMAC is that its published terms move. Read on one day in September 2026, its own site gave three different starting prices for a single project, and two different payment plans were live at once for another. Get the release you are actually being sold confirmed in writing before you commit to anything.

Delivery notes

What we can and cannot verify.

We show no delivery statistics for DAMAC. The only figure it publishes is the 50,000-plus homes on its homepage, which is a company claim rather than an audited count, and it publishes no on-time record at all. We would rather show nothing than dress a marketing line as a statistic.

DAMAC's pages contradict one another often enough that it is a feature of buying here rather than an accident. One project carried three different starting prices across its project page, the developer's own community guide and its unit cards. A payment schedule DAMAC published for another sums to 102 per cent rather than 100. Read the schedule you are signing, not the one on the blog.

DAMAC also publishes a great deal we will not repeat: per-unit availability, projected returns, worked dirham amounts for each milestone and discount ladders that expire. None of it appears on this site, and none of it should carry weight in a decision.

Current launches

What DAMAC Properties has open now.

Handover is still ahead on each of these. Every project page carries the plan structure, what exists around it today and the tiers we would and would not take.

New launches

4 projects
  • Render of Violet 4 in DAMAC Hills 2, a row of three-storey white townhouses with timber-slatted canopies and balconies above a landscaped garden path with purple flowering shrubsNew launchDAMAC Properties
    DAMAC Hills 2

    Violet 4

    Price on application

    Handover
    Q3 2027

    4 bed · Townhouses

  • Render of Safa Gate, a planted tower on Sheikh Zayed Road, with the Downtown Dubai skyline behind itNew launchDAMAC Properties
    Al Wasl

    Safa Gate

    From AED 2.14M

    Handover
    Q4 2029

    1 bed – 3 bed · Apartments

  • Render of DAMAC Islands 2 seen from the air at sunset, with a swimmable lagoon channel running between rows of villas and townhousesNew launchDAMAC Properties
    DAMAC Islands 2

    DAMAC Islands 2

    Price on application

    Handover
    Q2 2030

    4 bed – 6 bed · Villas & townhouses

  • Render of Chelsea Residences by DAMAC lit at night, its stepped blocks seen across the water at Dubai Maritime CityNew launchDAMAC Properties
    Dubai Maritime City

    Chelsea Residences by DAMAC

    From AED 2.51M

    Handover
    Q2 2030
    Payment plan
    60/40

    1 bed – 3 bed · Apartments

Raju Tuli, Co-Founder & Managing Director, OAC18 Properties
Raju TuliCo-Founder & Managing Director

Before you commit to a developer

Ask what the record means for your purchase.

Thirty minutes on how DAMAC Properties has delivered, how its stock resells, and which of its projects we would and would not put you into.

Cookie preferences

Necessary cookies keep the site working. The other two are your call, and you can change your mind here or from the cookie policy at any time.