DAMAC Properties

Portfolio

DAMAC Properties has developed several self-contained master-planned destinations that integrate residential, leisure, retail, and wellness elements, creating complete lifestyle environments.

Damac Lagoons

This waterfront-inspired community features themed clusters drawing from global coastal destinations such as Santorini, Venice, Mykonos, and Costa Brava. Surrounded by artificial beaches and lagoons, it offers 3 to 6 bedroom villas and townhouses alongside a planned community mall, healthcare centre, and dining venues. Handover is progressing toward late 2024 for many phases.

Key projects: Morocco Phase 2, Mykonos, Ibiza, Monte Carlo, Marbella, Malta, Venice, Portofino, Nice, Costa Brava, Santorini, Cetara, Sorrento, Valencia.

Damac Hills

A 42-million-square-foot mixed-use development in Dubailand, centred around an 18-hole championship golf course. The community combines townhouses, villas, apartments, retail outlets, sports facilities, and leisure spaces in a vibrant yet relaxed setting.

Key projects: Golf Town, Kiara, Gems Estates, Golf Greens, Avencia Villas, Trump Estates, Park Villas, Veneto Villas, Golf Vita, Bella Vista, 90210 Boutique Villas, Park Town, Damac Villas By Paramount, Loreto.

Damac Hills 2 (formerly Akoya Oxygen)

Dubai’s first officially recognised green community, built around a championship golf course with extensive parks, gardens, and eco-friendly design principles. It includes approximately 10,000 villas and townhouses plus over 1,200 apartments in a peaceful Dubailand location.

Key projects: Camelia Villas, Rotana, Virdis, Fiora, Amora, Prestige Villas, Premier Villas, Privilege Villas, Verona, Belair at the Trump Estates, The Farmhouses.

DAMAC Riverside

A premium riverside neighbourhood offering 4 and 5 bedroom villas and select apartments amid landscaped waterways, floating sports facilities, restaurants, and wellness centres. Its connectivity to major highways adds to its appeal.

Key projects: DAMAC Sage, DAMAC Ivy, DAMAC Lush, DAMAC Riverside Apartments, Riverlink.

Expertise

Residential Developments: DAMAC is known for developing a wide range of residential properties, including luxury apartments, villas, and townhouses. These properties often feature innovative designs and high-end finishes.

Commercial Projects: In addition to residential developments, DAMAC Properties has ventured into commercial real estate projects, including office spaces and mixed-use developments, contributing to the overall urban landscape.

Master-Planned Communities: DAMAC is involved in the creation of master-planned communities that encompass various amenities, green spaces, and lifestyle facilities. These communities aim to provide residents with a comprehensive and integrated living experience.

Luxury and High-End Offerings: DAMAC is recognized for its focus on luxury real estate, targeting high-net-worth individuals. The company’s projects often feature premium amenities, world-class architecture, and partnerships with renowned brands.

Golf Course Developments: DAMAC has developed several projects centred around golf courses, creating residential communities with a golfing lifestyle. The company has collaborated with professional golfers and designed courses to appeal to golf enthusiasts.

International Presence: DAMAC Properties has expanded its footprint beyond the UAE, engaging in real estate projects in various international markets. This global presence contributes to its status as a key player in the real estate industry.

Hospitality Projects: DAMAC is involved in the hospitality sector, developing luxury hotels and serviced apartments. This diversification adds to the company’s overall portfolio and enhances its position in the real estate and hospitality markets.

Innovative Marketing Strategies: DAMAC is known for its innovative marketing and promotional strategies, including collaborations with international fashion and lifestyle brands, to create unique and appealing campaigns for its real estate projects.

DAMAC Properties’ Market Trends

DAMAC Hills remains a strong investment option, particularly for those seeking rental income. Four-bedroom apartments in this community currently deliver an average gross yield of 8.7%, while four-bedroom villas stand out with an impressive 9.13% return, making them attractive for long-term investors.

In Damac Hills 2 (formerly Akoya Oxygen), off-plan opportunities continue to gain momentum. Once fully completed, the community is expected to offer even stronger capital appreciation. Two-bedroom apartments lead with an 8.74% return, followed by studios at 8.32%. Villas in the same area show solid performance, with five-bedroom units achieving 6.79%, four-bedroom units 6.45%, and three-bedroom units around 6.38%.

These consistent yields across both established and emerging DAMAC communities reflect the developer’s ability to deliver high-performing assets in prime Dubai locations.

DAMAC Properties Market Cap

DAMAC achieved a historic milestone in December 2013 by becoming the first Middle Eastern real estate company to list on the London Stock Exchange through a Global Depository Receipts programme. The IPO successfully raised US$379 million. The company later transitioned its shares to the Dubai Financial Market (DFM) on 12 January 2015. As of the latest available data, the market capitalization of Damac Properties Dubai Co. PJSC stands at AED 2,306 million.

At Sky Horizon Reality, we provide personalised assistance to help you explore DAMAC’s portfolio with confidence. Whether your focus is on luxury branded residences, family-oriented villas, modern apartments, or convenient locations such as apartments near metro Dubai, our team offers transparent guidance throughout the process. Reach out today to learn about current availability and find the right property that aligns with your goals in Dubai’s dynamic real estate market.