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About Developer

DAMAC Properties

DAMAC Properties is one of Dubai’s leading luxury real estate developers, known for creating high-end residential, commercial, and hospitality projects. Established in 2002, DAMAC has delivered over 48,000 homes and has 50,000+ units in off-plan sales.

Some key developments by DAMAC include DAMAC Hills, DAMAC Lagoons, DAMAC Towers by Paramount, and DAMAC Hills 2 (Akoya Oxygen), a nature-focused residential community.

AED 1,9M

STARTING PRICE

Easy 70/30

PAYMENT PLAN

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DAMAC Properties in Dubai

DAMAC Properties on The Map

Portrait of Dominic Ghaderi, highlighting his professional image.

How to Buy DAMAC

Off-Plan Properties?

Buying off-plan properties in Dubai is a tightly regulated process. However, the regulations only protect the investors and their interests. So, with sincere guidance, you can navigate the regulatory and builder terms and conditions and secure a good off-plan deal.  

With GRD Off Plan Realty, it will be a simple three-step process:  

Step 1: Set a Budget: Have a ballpark budget in mind. Your budget can unlock different prize points with your purchase, like Dubai Golden Visa.   

Step 2: Decide on Property Type and Locality: Explore villas, townhouses, apartments, and branded residences among the several popular areas.

Step 3: Contact GRD Off Plan Realty: Contact us once you have a mental image of what you would love to invest in, and we’ll take it from there.  

Buying off-plan properties in Dubai is much easier if trusted and qualified on-ground advisors guide you. Real estate advisors at GRD Off Plan understand the law and processes to help you navigate these easily and confidently. We can also negotiate a better deal for you with the builders.

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DAMAC Off-Plan Projects in Dubai

DAMAC Off-Plan Properties for Sale in Dubai

DAMAC has several exciting off-plan projects in Dubai, offering luxury living, waterfront residences, and branded developments. Here are some of their standout projects:

DAMAC Lagoons

DAMAC Lagoons is a Mediterranean-inspired waterfront community by DAMAC Properties, offering luxury villas and townhouses surrounded by man-made lagoons and themed clusters. Here’s a detailed breakdown:

Key Features

  • Location: Opposite DAMAC Hills, near Al Qudra Road
  • Property Types: Offers 3 to 7-bedroom villas and townhouses
  • Design: Inspired by European coastal cities like Venice, Santorini, and Costa Brava
  • Amenities: Includes floating cinemas, gondola rides, water parks, snorkeling areas, and beach clubs
  • Accessibility: Well-connected to major highways, ensuring easy access to Dubai’s key destinations

Completion Date & Payment Plan

  • Expected Handover: Q4 2024
  • Payment Plan:
    • 20% down payment
    • 60% during construction
    • 20% upon completion

Altitude de GRISOGONO

Altitude de GRISOGONO by DAMAC is a luxury waterfront residential tower in Business Bay, designed to offer high-end living with stunning canal views. Here’s a detailed breakdown:

Key Features

  • Location: Situated in Business Bay, overlooking Dubai Canal
  • Property Types: Offers studios, 1 to 3-bedroom apartments, and 2-bedroom duplexes
  • Design: Inspired by the opal gemstone, featuring neutral tones, natural lighting, and luxurious textures
  • Amenities: Includes floating therapy pods, a beauty bar, an infinity lap pool, a rooftop observation deck, and planet-inspired gardens
  • Accessibility: Close to Downtown Dubai, Sheikh Zayed Road, and Dubai Marina

Completion Date & Payment Plan

  • Expected Handover: March 2028
  • Payment Plan:
    • 14% down payment
    • 2% monthly installments for 12 months
    • The remaining balance is spread across the construction phases

Canal Crown by DAMAC

Canal Crown by DAMAC is a luxury waterfront residential tower in Business Bay, designed in collaboration with de GRISOGONO to offer high-end living with stunning canal views. Here’s a detailed breakdown:

Key Features

  • Location: Situated in Business Bay, overlooking Dubai Canal
  • Property Types: Offers studios, 1 to 4-bedroom apartments, and duplexes
  • Design: Inspired by peridot gemstones, featuring modern interiors and floor-to-ceiling windows
  • Amenities: Includes planet-inspired gardens, relaxation pods, aqua exercise areas, and a UFO spa
  • Accessibility: Close to Downtown Dubai, Sheikh Zayed Road, and Dubai Marina

Completion Date & Payment Plan

  • Expected Handover: February 2027
  • Payment Plan:
    • 20% down payment
    • 55% during construction
    • 25% upon completion

Chic Tower by DAMAC

Chic Tower by DAMAC is a luxury residential development in Business Bay, inspired by the healing properties of turquoise and designed in collaboration with de GRISOGONO. Here’s a detailed breakdown:

Key Features

  • Location: Situated in Business Bay, overlooking Dubai Canal
  • Property Types: Offers studios, 1 to 4-bedroom apartments
  • Design: Features modern interiors, wellness-focused amenities, and panoramic canal views
  • Amenities: Includes spa-inspired baths, a 180-meter lazy river, rooftop infinity pools, fitness centers, and beauty treatment zones
  • Accessibility: Close to Downtown Dubai, Sheikh Zayed Road, and Dubai Marina

Completion Date & Payment Plan

  • Expected Handover: July 2025
  • Payment Plan:
    • 20% down payment
    • 40% during construction
    • 40% upon handover

DAMAC Hills 2

DAMAC Hills 2 (formerly Akoya Oxygen) is a master-planned community by DAMAC Properties, designed to offer affordable luxury living with green landscapes and resort-style amenities. Here’s a detailed breakdown:

Key Features

  • Location: Situated in Dubailand, near Al Qudra Road
  • Property Types: Offers apartments, townhouses, and villas
  • Design: Inspired by nature, featuring eco-friendly architecture and lush greenery
  • Amenities: Includes water parks, sports facilities, fitness centers, retail spaces, and themed gardens
  • Accessibility: Well-connected to major highways, ensuring easy access to Dubai’s key destinations

Completion Date & Payment Plan

DAMAC Hills 2 consists of multiple phases, each with different completion timelines:

  • ELO at DAMAC Hills 2 – Expected completion by December 2026
  • Violet at DAMAC Hills 2 – Expected completion by Q4 2026

Safa Two by DAMAC

Safa Two by DAMAC is a luxury residential tower in Business Bay, designed in collaboration with de GRISOGONO to offer ultra-modern living with breathtaking views. Here’s a detailed breakdown:

Key Features

  • Location: Situated on Sheikh Zayed Road, near Downtown Dubai
  • Property Types: Offers studios, 1 to 3-bedroom apartments, and penthouses
  • Design: Inspired by de GRISOGONO’s jewelry, featuring diamond-like glass exteriors and opulent interiors
  • Amenities: Includes a Fog Forest, rooftop observatory, infinity pools, artificial beach pool, and Edge Walk
  • Accessibility: Close to City Walk, Box Park, and Jumeirah Beach

Completion Date & Payment Plan

  • Expected Handover: April 2027
  • Payment Plan:
    • 20% down payment
    • 55% during construction
    • 25% upon completion

DAMAC Riverside

DAMAC Riverside is a luxury waterfront community in Dubai Investment Park (DIP), designed to offer exclusive townhouses with resort-style amenities. Here’s a detailed breakdown:

Key Features

  • Location: Situated in Dubai Investment Park (DIP), near major highways
  • Property Types: Offers 4 and 5-bedroom townhouses, each in clusters of four units
  • Design: Inspired by waterfront living, featuring modern architecture and spacious layouts
  • Amenities: Includes floating sports facilities, hydroponic farms, a floating opera, a Zen spa, and landscaped gardens
  • Accessibility: Well-connected to Dubai’s key destinations, ensuring easy commuting

Completion Date & Payment Plan

  • Expected Handover: February 2028
  • Payment Plan:
    • 75% during construction
    • 25% upon handover

Payment Plans & Offers on DAMAC Off-Plan Properties

DAMAC offers flexible payment plans and exclusive incentives for its off-plan properties in Dubai. Here are some key options:

Standard Payment Plan

  • 20% to 25% down payment at booking
  • 50% to 60% during construction, spread across installments
  • 20% to 25% upon completion/handover

Post-Handover Payment Plan

  • Lower upfront payment (e.g., 10% to 20%)
  • 50% to 60% during construction
  • The remaining balance will be payable over 2 to 5 years after the handover

Current Offers

  • 4% Dubai Land Department (DLD) waiver on select projects
  • Exclusive discounts for early investors
  • Golden Visa eligibility for purchases above AED 2 million

Talk to an advisor from GRD Off Plan to explore your payment options with DAMAC off-plan projects.

Best Properties
in Dubai by DAMAC

Apart from self-sustained communities DAMAC Hills and AKOYA Oxygen in Dubai, DAMAC has been managing an array of projects – residential towers or clusters for luxurious life.

Rich portfolio of the company comprises Marina Bay in Al Reem Island, Abu Dhabi; Burj DAMAC Seaviews in Doha; Nine Elms in London; Just Cavalli Villas in Dubailand; DAMAC Paramount Tower Dubai with Hotel and Residences, Townhouses on the Golf & the Park in Dubai and others.

Gorges serviced hotel apartments in the heart of Dubai, in Downtown, managed by DAMAC are DAMAC Maison Mall Street and DAMAC Maison Distinction, DAMAC Maison Cour Jardin and DAMAC Maison Canal Views, located in Business bay. Supreme quality of accommodation and services are the signature style for DAMAC Group in Dubai real estate.

DAMAC Heights, a completed residential complex in 84-storied tower rising above glamorous and lively Dubai Marina. Elegant interiors, spacious apartments, separate gyms for ladies and gentlemen, as well saunas and pools, cinema, private lounge and parking for the residents complemented with sweeping sea view and all the main city wonders right at the door step takes pride of place among all the other residential projects of DAMAC. Asking price for the apartments begin with AED 3.005.000.

Among current projects in Dubai there can be noted DAMAC Aurum Villas. Amazing villas near the Trump World Golf Club feature private gardens and share first-rate amenities of AKOYA. The developer provides flexible payment plan, mortgage available. Minimal price for villas from AED 1,75M.

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    The Best Property from Developer