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Developer profile

DAMAC Properties

Projects on Sovereign
39
Prices from
AED 547,000
Handover
2026–2029
Areas
13

About DAMAC Properties

DAMAC is a private Dubai developer, building everything from city towers to large themed master communities. Its master communities let you choose between apartments, townhouses and villas within one plan. You can browse its apartments, townhouses and villas here, in Dubai and Ras Al Khaimah, with most in DAMAC Hills 2, DAMAC Lagoons and DAMAC Hills.

DAMAC Properties was set up in 2002 as the real estate arm of the DAMAC Group, founded by Hussain Sajwani. It is based in Dubai and works in several countries, and the company puts its deliveries to date above 50,000.

Its first large master community, DAMAC Hills, was first marketed as AKOYA and is built around Trump International Golf Club Dubai, which opened in 2017. DAMAC Hills 2 followed, and DAMAC Lagoons, a neighbouring community set around water features, was launched in November 2021, with DAMAC Islands added later.

The company left the Dubai Financial Market in 2022 and is now privately owned. Current releases, in Dubai and Ras Al Khaimah, include apartments, townhouses and villas.

Off-plan

Projects by DAMAC Properties.

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Browse all 39 DAMAC projects

What our data shows

Buying DAMAC Properties off-plan.

70/30

Most common plan

Construction / handover split on 15 of 39 listed projects. Each project page shows its own milestones.

4

Handover years

Listed handovers: 2026, 2027, 2028, 2029.

16

Golden Visa flagged

Projects flagged for Golden Visa in our data. Eligibility depends on the price and status of the specific unit.

4

Property types

Apartment, Townhouse, Villa, Duplex.

From Sovereign's project listings.

FAQ

Questions about DAMAC Properties.

Is DAMAC still listed?

No. It was taken private in 2022, when its shares were withdrawn from the DFM.

Who founded DAMAC?

The DAMAC Group was founded by Hussain Sajwani; its property division dates from 2002.

How much has DAMAC delivered?

Its own reported total of completed deliveries is more than 50,000.

What is DAMAC Hills?

A DAMAC master community, originally marketed as AKOYA, centred on Trump International Golf Club Dubai.

When was DAMAC Lagoons launched?

In November 2021, as a separate community next to DAMAC Hills.

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