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DAMAC Properties: since 2002, one of the Gulf's largest developers

Founded in Dubai in 2002, DAMAC Properties has delivered 50,000+ units and reports 55,000+ more across its pipeline, with offices in 10+ cities, including a formal partnership with Chelsea Football Club and the island-themed DAMAC Islands and DAMAC Lagoons master communities.

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2002founded in Dubai
50,000+units delivered (as of September 2026)
5DAMAC projects covered on this page
Chelsea Residences by DAMAC, aerial twilight render of all six towers with the Dubai skyline behind
Time-limited

Damac Properties offers

Developer promotions with their validity dates where available. Check with the developer before relying on an offer with unconfirmed validity.

Validity unconfirmed

Sorrento Tower D — Final Release Offer

DAMAC has announced the final Sorrento tower release at DAMAC Lagoons, with studios and one-bedroom apartments from AED 730,000.

Starting price: From AED 730,000 across the advertised studio and one-bedroom range.

Payment terms: 50/50 payment plan, with advertised payments from AED 1,825 per month. Ask DAMAC to confirm the installment schedule.

Incentive: 4% Dubai Land Department (DLD) fee waiver for bookings made against an expression of interest (EOI) for Sorrento Tower D. Limited units, subject to developer confirmation.

Enquire about Tower D

Download the Tower D flyer (PDF)

Validity unconfirmed

Bigger Home, Bigger Lifestyle — select off-plan apartments

Alongside the named projects above, we've also been sent DAMAC channel-partner material promoting offers across unnamed "select off-plan apartments" — these aren't tied to a specific project in the material itself, so we're listing them here as general DAMAC-wide promotions rather than attaching them to any one development above. Ask DAMAC which current releases each applies to before quoting either to a client.

"Bigger Home, Bigger Lifestyle" — select off-plan apartments

Unit typeSize rangeStarting price (AED)Offer
1 Bedroom 750–1,350 sq ft 1,300,000 15% down payment, 4% DLD fee waiver
2 Bedroom 1,300–2,550 sq ft 2,000,000 15% down payment, 4% DLD fee waiver

A separate DAMAC-wide ad ("Where Every Home Holds Opportunity," featuring a Guinness World Records badge) lists apartments in Dubai from USD 186,000 (roughly AED 683,000) with "high ROI, easy payment plans" — again with no project named. We haven't been able to identify which specific development either of these ties to from the material sent.

Validity unconfirmed

Violet 4 — seven-day launch offer

Violet 4 — launch offer (channel-partner material, October 2026)

Unit typeStarting price (AED)Launch offer
4 Bedroom Townhouse 2,190,000 4% DLD waiver, 60/40 payment plan

A public listing for Violet 4 Phase 3 gives a standard payment plan of 20% down payment / 40% during construction / 40% on handover, with an expected completion of December 2028 (Q4 2028) and construction starting September 2026 — the 60/40 split in the launch flyer looks like a time-limited promotional variant on top of that standard plan rather than a replacement for it, though we haven't confirmed the exact mechanics. A separate public listing for "Violet Phase 3" (unclear if the same release) shows lower resold/earlier pricing around AED 1.9–2.0 million for similar-sized 4-bedroom units — DAMAC Hills 2 has released several "Violet"-named phases over time, so confirm you and a client are looking at the same specific phase before relying on either price.

Validity unconfirmed

Sorrento — October 2026 launch terms

Sorrento — October 2026 launch terms

Launch pricing & payment plan (DAMAC's own pricing and payment-plan documents, October 2026)



Unit typeStarting price (AED)Payment plan
Studio 680,000 50% during construction : 50% on completion
1 Bedroom 1,260,000 50% during construction : 50% on completion

From DAMAC's own Sorrento pricing and payment-plan documents: a 50/50 plan — 5% deposit immediately, 10% within 1 month of booking, then small monthly instalments (mostly 0.25%, with larger instalments of 5–6.5% at the 6/12/18/24/30/36-month marks) building to 50% by month 41, with the remaining 50% due on completion; DAMAC's own schedule notes the down payment is "considered at 15% + 4% DLD fee" and includes a 4% DLD fee waiver as a launch incentive. This payment plan was stated as valid for 14 days from its release, so treat it as a snapshot of the October 2026 launch terms rather than a standing offer — confirm current terms before quoting a client. Flagged: the two public listings we checked (Binayah, PropertyFinder) both still show Sorrento's pricing as "On Request"/"Coming soon" with no public figure yet — consistent with this being a very fresh, time-limited launch release rather than a conflicting figure. DAMAC's floor-plan brochure gives room dimensions in metres but no published unit size in sq ft, so no price-per-sq-ft is given.

Ask DAMAC which current releases each offer applies to before quoting it to a client.

Who they are

DAMAC Properties was founded in Dubai in 2002 and has grown into one of the UAE's largest private developers, with a reported global presence across 10+ cities and offices spanning the UK, Qatar, Saudi Arabia, Iraq, Turkey, China, Hong Kong, Singapore and Angola. The company says it had handed over more than 50,000 units cumulatively by September 2026, with a further 55,000+ units across over 100 million sq ft in its planning-and-development pipeline, spanning 7 master-plan communities — and in the first half of 2026 alone it awarded US$2.72 billion in construction contracts, targeting more than 8,800 handovers for the year (figures as of September 2026, per DAMAC's own reporting and construction-trade press). DAMAC has also built a number of branded-residence partnerships — Chelsea Residences, developed under an official partnership with Chelsea Football Club, is the most recent example and is covered in full below. For more on DAMAC's history and ownership, see our full DAMAC Properties guide.

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Featured project: Riverside Views

DAMAC Riverside Views apartment towers and pool deck at twilight

DAMAC Riverside Views — pool deck render, provided by DAMAC

Riverside Views is the apartment-tower phase of DAMAC's wider Riverside master community — the original townhouse phase reportedly sold out, and this release adds waterfront apartment towers positioned on either side of an internal river feature. DAMAC's own concept brochure places it in Dubai Investments Park, describing it as part of "Dubai's next generation residential hub," in reach of Al Maktoum International Airport; a public listing we checked for the Royal 1 cluster specifically names the location as Dubai Investment Park 2 (DIP 2). One thing worth flagging directly: the flyer we were sent for this project is headed "Riverside Views — Dubai South," but neither DAMAC's own brochure nor the public listing we checked uses that name — Dubai South and Dubai Investments Park are separate, if broadly nearby, districts in Dubai's south, so this may be loose marketing shorthand rather than a different location. Confirm the exact plot with DAMAC before relying on either name with a client.

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Featured project: Valencia, DAMAC Lagoons

Aerial sunset render of the DAMAC Lagoons district showing Piazza Roma and the Valencia apartment towers

DAMAC Lagoons district — Piazza Roma and Valencia towers, provided by DAMAC

Valencia is a 779-unit residential tower (G+2P+13F) within DAMAC Lagoons, a large Mediterranean-themed district community in Dubailand. It sits alongside Piazza Roma, a mixed-use office-and-mall component in the same district and the same presentation material — Piazza Roma is commercial space (office units from an average AED 7.4 million, with an anticipated completion of June 2030) rather than residential, so we're covering it here as district context rather than as a saleable unit type on our own listings. DAMAC's presentation names Saudi German Clinic, DAMAC Mall, Trump Golf Club, Global Village and Al Maktoum Airport among nearby destinations, each within roughly 10–30 minutes.

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Featured project: Sorrento, DAMAC Lagoons

Sorrento at DAMAC Lagoons promotional flyer — Studio and 1-Bedroom apartments from AED 680,000

Sorrento — Lagoon Views, launch flyer provided by DAMAC

Sorrento is a new mid-rise apartment cluster within DAMAC Lagoons, built across four buildings (Towers A–D) on Hessa Street directly opposite DAMAC Hills — the same 45-million-sq-ft, eight-cluster Mediterranean-themed masterplan that Valencia belongs to, above. DAMAC's own cluster plan places it beside the Mykonos and Lagoons View clusters, close to the community's Central Hub. It's notable as the first apartment-only phase in a community that's otherwise been built out as villas and townhouses, with Studio and 1-Bedroom apartments only, offered across a wide spread of unit layouts (DAMAC's floor-plan brochure lists over twenty Studio/1-Bedroom type variants across the four towers). DAMAC's own brochure describes the amenities as a resort-style pool with floating pods and a pool bar, a separate water-aerobics/fitness pool, a waterside fire-pit lounge deck, an outdoor cinema, a spa and yoga lawn, and lagoon-view dining and café spaces — consistent with the wider crystal-lagoon, Mediterranean-village amenity set (gym, BBQ areas, jogging and cycling tracks, children's play area, landscaped gardens, a mosque, retail outlets and access to DAMAC Mall) that the rest of Lagoons offers. Public listings (Binayah, PropertyFinder) separately give an estimated handover of January 2030; DAMAC's own materials for this launch don't state a handover date, so that remains a public estimate rather than a confirmed one.

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Featured project: DAMAC Islands 2

DAMAC Islands 2 lagoon beach and pool amenity render

DAMAC Islands 2 — lagoon beach render, provided by DAMAC

DAMAC Islands 2 is the follow-up to the original DAMAC Islands, which DAMAC's own brochure describes as a sell-out. It's built around 8 island-themed clusters — Bahamas, Barbados, Bermuda, Maui, Mauritius, Tahiti, Antigua and Cuba — and more than 45 amenities organised across five "eco-living" pillars: nature-based (a tranquil lake and eco park, a whispering waterfall, a solar link park, a botanic garden), wellness (Island Vida spa, eco-performance grounds, a hydrotherapy zone), adventure (kayaking and hanging bridges, an eco-explorers land, a zipline and canopy walk through "Sky Woods"), social (indoor and outdoor eco clubhouses, eco-smart co-working, eco-lodge hospitality) and cultural (a museum and library, a climate-controlled cultural square with a performance stage and food market). A public listing places the development near the Al Qudra Road / Emirates Road interchange in Dubailand, broadly consistent with the road references (Sheikh Zayed Road, Emirates Road, Sheikh Mohammed Bin Zayed Road, Al Khail Road) in DAMAC's own location map.

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Featured project: Chelsea Residences

Chelsea Residences by DAMAC, aerial twilight render of all six towers with the Dubai skyline behind

Chelsea Residences — six-tower aerial render, provided by DAMAC

DAMAC is the official property development partner of Chelsea Football Club, and markets Chelsea Residences as the world's first football-branded residences. The development comprises six towers across two phases ("Chelsea Residences 1" and "Chelsea Residences 2"), ranging from G+2P+25 to G+2P+33 storeys, in Dubai Maritime City — DAMAC's brochure cites roughly 14 minutes to Jumeirah Beach, 18 to the Metro, 22–23 to Downtown Dubai and DXB Airport, and 15 to City Walk. Tower C, the most recent release, is positioned by DAMAC as "the grand finale" — the most coveted plot in the masterplan, with 1, 2 and 3-bedroom units only and what the brochure describes as sweeping sea views with "true privacy."

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Featured project: Violet 4

Violet 4, DAMAC Hills 2 Phase 3 — launch offer flyer

Violet 4, DAMAC Hills 2 Phase 3 — launch offer flyer, provided by DAMAC

Violet 4 is a 4-bedroom townhouse release within DAMAC Hills 2, Phase 3. DAMAC's own channel-partner message describes it as "the latest limited release" with a launch price from AED 2,190,000, a 4% DLD fee waiver, a 60/40 payment plan, and UAE Golden Visa eligibility — explicitly stated as valid for only 7 days from the (unspecified) launch date, so this specific offer should be treated as time-sensitive and reconfirmed before quoting it to a client.

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All Damac Properties projects we cover

Latest construction updates

DAMAC Properties posts its own site-progress updates and project videos directly to its official channels — the most reliable way to check current construction status on any of the projects above is straight from DAMAC rather than a third-party re-upload. Ask us and we'll point you to the latest update for a specific project.

Common questions

Damac Properties — FAQ

DAMAC Riverside Views is the apartment-tower phase of DAMAC's wider Riverside master community, in Dubai Investments Park (DIP). It's organised into 8 waterfront-themed clusters, with Studio, 1 and 2-bedroom apartments. Publicly reported handover for the Royal 1 cluster is March 2029, on a 20:50:30 payment plan.

Valencia is a 779-unit residential tower within the Mediterranean-themed DAMAC Lagoons district in Dubailand, alongside the mixed-use Piazza Roma component. DAMAC's own brochure lists an anticipated completion date of March 2029, with Studio, 1 and 2-bedroom apartments.

Sorrento is a new mid-rise apartment cluster (Studio and 1-Bedroom only, across Towers A–D) within DAMAC Lagoons, on Hessa Street opposite DAMAC Hills — the first apartment-only phase in a masterplan otherwise built out as villas and townhouses. DAMAC's own pricing starts from AED 680,000 for a Studio and AED 1,260,000 for a 1-Bedroom, on a 50/50 payment plan (5% deposit, small monthly instalments building to 50% by month 41, 50% on completion) with a 4% DLD fee waiver; public listings separately estimate a January 2030 handover, which DAMAC's own launch materials don't state.

DAMAC Islands 2 is the follow-up to the sold-out DAMAC Islands, near Al Qudra Road and Emirates Road in Dubailand. It's built around 8 island-themed clusters and 45+ eco-living amenities, offering 4 to 7-bedroom townhouses and villas. Publicly reported handover is June 2030.

Chelsea Residences by DAMAC is a 6-tower waterfront development in Dubai Maritime City, developed under an official partnership with Chelsea Football Club — described as the world's first football-branded residences. It offers 1, 2 and 3-bedroom apartments, with Tower C positioned as the final, most premium release. Publicly reported handover is December 2029.

Violet 4 is a 4-bedroom townhouse release within DAMAC Hills 2, Phase 3. DAMAC's own channel-partner material lists a launch price from AED 2.19 million with a time-limited 4% DLD fee waiver and 60/40 payment plan offer. Publicly reported standard handover is December 2028 (Q4 2028).