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Developers · DAMAC

DAMAC

One of the region's biggest private developers: DAMAC Hills, DAMAC Lagoons and branded residences with Cavalli, Versace and de Grisogono.

DAMAC
About DAMAC

DAMAC Properties is one of the largest private developers in the region, with DAMAC Hills, DAMAC Hills 2 and DAMAC Lagoons as master communities and a long list of towers in Business Bay, Dubai Marina and Downtown, many of them branded with Cavalli, Versace, de Grisogono and Paramount.

DAMAC is known for aggressive launch pricing and flexible payment plans, which makes it a frequent choice for first-time investors and for buyers who want a branded residence at a lower entry point than the ultra-luxury developers.

We advise on DAMAC launches and on the resale and rental markets in DAMAC Hills and Business Bay.

DAMAC project
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DAMAC homes we are selling now

No DAMAC homes published right now

Most launches sell before they reach a website. Tell us what you need and we will send you the current DAMAC allocation.

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Questions

Buying off-plan from DAMAC

How do off-plan payment plans work in Dubai?

You pay in instalments linked to construction. A 60/40 plan means 60% during construction and 40% on handover. Some developers offer post-handover plans that spread part of the price over one to three years after you receive the keys. Your payments go into an escrow account regulated by RERA, and the 4% Dubai Land Department fee is paid when the purchase is registered.

Is buying off-plan in Dubai safe?

Off-plan sales are regulated by RERA. Every project must be registered, the developer must own the land, and buyer payments are held in a project escrow account that is released against construction progress. We only place clients with developers whose delivery record we know.

Can I sell an off-plan property before handover?

Usually yes, once you have paid a minimum share of the price set by the developer, commonly 30% to 40%. The developer issues a no-objection certificate and the new buyer takes over the remaining payment plan.

Fees and rules as of 2026. We confirm the exact figures for your purchase before you commit. Read the full guides

Get in touch

Tell us what you are looking for. A specialist replies the same day.

Your enquiry goes straight to the agent who covers that district. No call centre, no hand-offs.

Head officeTamani Arts Offices, Office 1461, Business Bay, Dubai
Phone / WhatsApp+971 52 796 7785
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