Founded In
2002 y.
Projects
196
Price From
307,000 AED
Founded In
2002 y.
Projects
196
Price From
307,000 AED
Top Off-Plan Projects By Damac
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About Damac Properties
Welcome to our page about Damac, one of the leading real estate developers in Dubai! Founded in 2002, Damac has made a name for itself in the luxury property market, specializing in high-end residential and mixed-use developments. With an impressive portfolio that includes everything from opulent villas to stylish apartments, Damac has transformed the skyline of Dubai and extended its reach to several international markets.Their commitment to excellence and innovation sets them apart, making them a trusted name for homebuyers and investors alike.
History and Founding of Damac Properties
Damac was founded by Hussain Sajwani, a visionary entrepreneur with a passion for real estate. The company started as a catering business in the late 1990s but quickly shifted its focus to real estate as the market began to grow.
Under Hussain’s leadership, Damac launched its first residential project in 2002, paving the way for remarkable growth. Over the years, the company has seen significant milestones, including expanding its operations to various countries and diversifying its portfolio. Hussain’s background in finance and entrepreneurship has been instrumental in shaping Damac’s success.
“AT DAMAC, WE ARE COMMITTED TO CREATING EXCEPTIONAL LIVING EXPERIENCES THAT REDEFINE LUXURY AND OFFER VALUE TO OUR CLIENTS.”
Hussain Sajwani
Founder  | DAMAC
Popular Projects By Damac Properties
The Sapphire By Damac
The Sapphire is a 57-story luxury residential building by DAMAC Properties, designed in partnership with de GRISOGONO. Located along Sheikh Zayed Road, it offers a range of 1-3 bedroom luxury apartments, 2-bedroom townhouses, and ultra-luxurious 4-5 bedroom duplex penthouses. There are 626 units in total, and buyers also have the option to invest in entire floors.
The homes vary in size from 813 to 9,437 sq. ft., and some come with additional spaces like a study, laundry room, and guest bathroom. Penthouse residents can enjoy private pools, adding a resort-like feel to their homes. Each residence features high-quality finishes and comes with a fully-equipped kitchen, including cabinets, stone countertops, and appliances like a cooker, fridge, and washing machine. Parking is also available, with one spot for the apartments and four for the penthouses.
Riverside by Damac
Riverside by DAMAC Properties offers a stunning collection of 4- and 5-bedroom townhouses, each inspired by iconic cities like Rome, Paris, London, New York, and Amsterdam. Located in Dubai Investments Park, the project features 1,900 elegant homes with spacious designs ranging from 2,297 to 3,407 sq. ft. Spread over two or three floors, these townhouses are thoughtfully planned to include a storage room, laundry room, garage, and balconies. The 5-bedroom units also come with a terrace and a maid’s room for added convenience.
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This community stands out with its impressive infrastructure, offering two distinct zones for recreation: Water Vein and Green Vein. These areas provide a variety of amenities designed for relaxation and leisure, making Riverside a perfect choice for families seeking a luxurious yet practical lifestyle in Dubai.
Notable Projects by Damac
Damac has an impressive lineup of projects that showcase their commitment to luxury and innovation. Some of their most notable developments include the iconic Damac Hills, featuring luxurious villas and townhouses surrounded by a stunning golf course. The DAMAC Towers by Paramount Hotels & Resorts is another standout, offering a unique blend of luxury living and Hollywood-inspired design.
These projects not only cater to affluent buyers but also provide a lifestyle filled with amenities and leisure activities, making them attractive to investors looking for exceptional returns.
Contribution to Dubai’s Skyline
Damac has significantly shaped Dubai’s skyline with its architectural masterpieces. Projects like the Aykon City and the ultra-modern DAMAC Maison range are not just buildings; they are landmarks that symbolize luxury living in Dubai. These developments contribute to Dubai’s image as a global city, drawing attention from around the world. Damac’s commitment to innovative design and high-quality construction has elevated the standard of living in the city, making it a sought-after destination for residents and tourists alike.
Revenue and Financial Growth
Damac’s financial growth has been impressive, reflecting its strong market position. In recent years, the company has reported substantial revenues, showcasing its ability to thrive in a competitive landscape. With a focus on sustainable growth, Damac has consistently delivered profitable projects and maintained a healthy balance sheet. This financial stability not only instills confidence among investors but also positions Damac as a reliable choice for those looking to invest in the Dubai real estate market.
Top-Tier Communities Developed by Damac
Damac is known for creating top-tier communities that cater to a wide range of lifestyles. Whether you’re looking for a serene retreat in Damac Hills or a vibrant urban lifestyle at Akoya Oxygen, there’s something for everyone. These communities are designed with family-friendly amenities, including parks, schools, and retail options, ensuring a balanced lifestyle. With options ranging from luxurious villas to stylish apartments, Damac communities offer a variety of choices to meet the needs of every homeowner and investor.
Emaar’s Relationship with Investors and Homebuyers
Emaar has a strong reputation for being investor-friendly. They offer flexible payment plans, high returns on investment, and properties that consistently attract demand. Homebuyers are equally drawn to Emaar for their transparent sales process and excellent after-sales support. This blend of trust, quality, and profitability has made investing in Emaar properties a smart choice for many, both for short-term gains and long-term growth.
Comparative Edge in the Market
What sets Damac apart from other developers in Dubai is their diverse portfolio and commitment to quality. Their unique selling points include timely project delivery, innovative designs, and a focus on community-building initiatives. By blending luxury with functionality, Damac creates spaces that resonate with buyers and investors alike. This approach not only enhances the living experience but also solidifies Damac’s reputation as a leader in the competitive Dubai real estate market.
Damac’s Vision for the Future
Looking ahead, Damac is committed to sustainable development and innovation. With plans for upcoming projects that incorporate green building practices, they aim to contribute positively to Dubai’s growth. Damac’s vision extends beyond just building properties; they aspire to create communities that thrive for generations. By prioritizing sustainability and quality, Damac is paving the way for a brighter future in real estate, ensuring that their developments continue to meet the evolving needs of residents and investors.
Ready to invest in an Damac property?
Contact us at Plata Real Estate today to explore the best opportunities and find your dream home or next investment in Dubai’s thriving market. We’re here to guide you every step of the way!
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