DAMAC Properties is one of Dubai's largest construction companies with influence in the Middle East and beyond the region. It has been operating on the market since 2002 and is engaged in the production of premium real estate. The developer's track record includes dozens of completed and planned properties, as well as more than 39,400 housing units of finished real estate and about 28,000 units at various stages of construction.
DAMAC Properties is a subsidiary of the DAMAC Group holding, one of the largest in the United Arab Emirates, established in 1992 by Hussain Sajwani. DAMAC's area of expertise covers residential, commercial, and recreational real estate. Representative offices of the developer can be found in Saudi Arabia, Oman, Qatar, Jordan, and the UK. In total, the company employs about 1,500 people.
Contents:
- Completed residential complexes of developer DAMAC Properties
- Start of sales of new buildings from DAMAC Properties
- Why is it profitable to buy real estate from DAMAC Properties
Completed residential complexes of developer DAMAC Properties
DAMAC Properties is a leader in the production of premium and super-premium projects. Real estate from the developer in DAMAC Properties meets all the requirements of modern housing construction and trends in architecture. Each building has its individual charm and a mandatory set of amenities.
In the UAE, a developer distinguished himself with a residential community in DAMAC Hills, built around the ambitious Trump International Golf Club. For this, it received the "Best Golf Development in the World" award. In addition, the DAMAC hotel is engaged in the construction of luxury villas, residential complexes with apartments and hotel complexes.
To better understand the features of the brand, we suggest you familiarize yourself with some ready-made projects that have consolidated the brand's authority with exceptional quality and extraordinary appearance. These are:
- Aster
- Avencia
- Albizia
- Aquilegia
- Basswood
- Claret
- Coursetia
- Damac Maison Privé
- Damac Maison Cour Jardin
- Damac Heights
- Damac Maison Majestine
- Golf Town
- Hawthorn
- Marina Terrace
- Pacifica
- Paloverde
- Park Towers
- Vardon
- Sanctnary
- Trixis
- The Aldea
Start of sales of new buildings from DAMAC Properties
DAMAC Properties strives to dominate the luxury real estate sector and meet the needs of its clients as accurately as possible. One of the key strategies pursued by DAMAC is to cover construction costs step by step by selling properties at different stages of construction. To do this, the developer offers convenient payment plans and tries to bring individuality to each project.
Below are the most promising DAMAC Properties off-plan projects:
- Amargo
- Bellavista
- Cavalli Tower
- Eterno
- Golf Vita
- Mulberry
- Odora
- Primrose
- The Trump Estates
- Victoria
- Venice
- Zada Tower
Flagships
CAVALLI Tower is a one–of-a-kind residential complex launched in collaboration with the Italian brand Roberto Cavalli. The project has 70 floors of luxury apartments with designer finishes.
DAMAC Lagoons is a residential community consisting of villas and townhouses interspersed with artificial azure–blue lagoons and picturesque waterways.
DAMAC Hills is an iconic residential community of villas, townhouses, and residential complexes, with an area of almost 4 million m2. On the vast territory of the community, there is a golf club with 18 holes and a well-thought-out infrastructure with parks, running tracks, shops, spa and fitness centers, as well as clinics, kindergartens, and schools.
Why it is profitable to buy real estate from DAMAC Properties
DAMAC Properties offers real estate in the most popular and sought-after districts of Dubai, including Downtown Dubai, Dubai Marina, Business Bay, and others. These areas record the highest activity of tenants, which provides owners with a stable rental income.
For those who prefer to invest in off-plan projects, the company offers convenient payment plans, where part of the funds is paid during the construction process, and the other – after completion and commissioning of the project.
Buying a house in DAMAC Properties, you get not just a ready-made housing option for life but also a highly liquid asset with a potential payback for several years.
