Property Management
Discover DAMAC PROPERTIES District & Communities
Coral Reef by DAMAC
Malta at DAMAC Lagoons
Chic Tower by DAMAC
Canal Heights by Damac
ABOUT DAMAC PROPERTIES
Damac is now a globally recognised real estate developer founded in 2002 by Hussain Sajwani. He is a visionary Emirati businessman who has led Damac to the heights of the real estate industry. Damac has become synonymous with luxury living and groundbreaking projects. If you're looking for a property to buy in Damac, you're investing in a tradition of quality.
DAMAC's portfolio includes renowned projects that have completely transformed the urban area. It offers various properties for every taste, including luxurious buildings like the Cavalli Tower, lively neighbourhoods in Damac Hills, and waterfront living at Damac Lagoons. These well-established communities offer ideal investment potential and immediate occupancy.
Beyond its striking presence in Dubai, DAMAC has a global impact. It has established itself as a top global developer with projects in Saudi Arabia, Qatar, Oman, Lebanon, Jordan, the UK, and Canada. This global presence reveals DAMAC's dedication to providing outstanding properties worldwide.
Damac’s honours and recognitions serve as a dedication to excellence. Damac's inventive designs and outstanding quality have earned them the “Best Developer” award in prestigious international real estate events. Also, Forbes Middle East has named Damac one of the “Top Real Estate Companies in the Arab”, making its position as a leader in this sector.
Beyond its physical assets, Damac is dedicated to sustainable development and incorporating eco-friendly practices into its projects. This foundation empowers people and nurtures regional development by supporting education and skills.
WHY INVEST IN Damac PROPERTIES?
For those looking to purchase, Damacs presents an appealing offer. It has delivered up to 40,000 units in 2024 and has a solid reputation for luxury, quality, and on-time project delivery. With its top-notch amenities and high investment return, Damac is an excellent place to invest.
Reasons to Choose a DAMAC Property:
- DAMAC is renowned for its commitment to luxury and superior construction quality, ensuring a premium living experience.
- DAMAC has a proven track record of delivering timely projects and minimising investment risks.
- DAMAC developments offer attractive ROI potential, making them a sound investment choice.
- DAMAC projects are strategically located in prime areas, offering convenient access to key amenities and business districts.
- Residents enjoy access to world-class amenities, including swimming pools, fitness centres, landscaped gardens, and more.
- With over 40,000 units delivered by 2024, DAMAC's experience and stability are undeniable.
- DAMAC offers a diverse portfolio of properties catering to various budgets and preferences, from apartments to villas.
- DAMAC is a globally recognised and reputable developer that instils confidence in buyers.
Frequently Asked Questions
What are the payment plans for Damac properties?
Damac offers flexible payment plans tailored to different projects and buyer needs. These often include 20% down payments, 40% during construction, and 40% final payment upon completion. Contact a Damac sales representative for details on the specific payment plan for your chosen property.
How can I receive Damac project updates?
You can stay updated on Damac projects by registering on their website, following their social media channels, or subscribing to their newsletter. These platforms provide regular news, launch announcements, and construction progress updates. For better opportunities, contact Betterhomes' sales team.
Can international buyers invest in Damac projects?
Yes, international buyers can invest in Damac projects. Dubai has favourable property ownership laws for foreign investors, and Damac facilitates this process, making it relatively straightforward for them to own property.
What makes Damac a trusted developer in Dubai?
Damac's reputation rests on its commitment to luxury, quality construction, timely project delivery, and a proven track record. Their prestigious projects, numerous awards, and focus on customer satisfaction contribute to their trusted status.
Which Damac project offers the best ROI?
Damac Lagoons is setting records with the highest ROI in the history of the Dubai real estate market. Investors can expect significant returns on their investments of approximately 6%-8% annually for high-demand units.
How can I book a property in a Damac development?
You can book a property in Damac by contacting one of Betterhomes's professional real estate agents. Our team will guide you through the process and help you choose the right property for your needs.
Is Damac reliable?
Yes, Damac is considered a reliable developer. They have a strong track record of delivering high-quality projects, and their financial stability and commitment to customer satisfaction further reinforce this.
Who owns Damac in Dubai?
Hussain Sajwani is the chairman of Damac Properties, a Dubai-based luxury real estate developer he founded in 2002. Sajwani is known for extravagant marketing, sometimes offering free Lamborghinis to apartment buyers. He has co-branding deals with Versace and Bugatti.
What is the biggest project of Damac?
Damac Hills and Damac Lagoons are among Damac's largest and most ambitious projects, featuring extensive residential units, world-class amenities, and expansive community spaces.
