Off-Plan Projects By DAMAC Properties

New & Off-Plan Projects by DAMAC Properties

DAMAC Properties is one of Dubai's most trusted developers. It has built over 45,000 homes since 2002 with over 30,000 units under construction. The company is renowned for its luxury design, landmark communities and collaborations with global brands such as Cavalli and De Grisogono. DAMAC offers strong potential and a premium living experience for investors and homebuyers.

Why Choose DAMAC Properties?

DAMAC has shaped some of Dubai’s most sought-after communities. The developer focuses on luxury lifestyle, unique architecture and modern amenities. Buyers prefer DAMAC due to its clear track record and extensive portfolio. Many of its projects deliver higher rental yields compared to market averages.

For example, apartments in Business Bay and Dubai Harbour by DAMAC typically yield 6–8%. Villas and townhouses in DAMAC Hills and DAMAC Lagoons also show steady appreciation as demand for family homes rises.

Benefits of Buying Off-Plan with DAMAC

Investing in off-plan properties gives buyers a clear advantage. Prices are usually lower than ready homes. Developers also provide flexible payment plans that spread costs over several years. This allows investors to enter the market with less upfront cost.

Many buyers book early to secure the best units and views. Off-plan also allows for property values to rise before completion. In recent years, Dubai's off-plan sales have grown by more than 50%, and DAMAC has been at the centre of this demand.

Popular DAMAC Off-Plan Projects

DAMAC Lagoons

A waterfront community inspired by Mediterranean towns. It features crystal lagoons, sandy beaches, and themed clusters. Villas and townhouses here are designed for family living. Investors are drawn to the unique concept and large-scale master plan.

DAMAC Hills

An established community with Trump International Golf Club at its heart. It offers villas, townhouses, and apartments. Families enjoy schools, parks, and retail inside the community. It continues to attract both end-users and investors.

DAMAC Bay by Cavalli

Located in Dubai Harbour, this project redefines the concept of branded luxury. The sea-facing apartments come with Cavalli interiors and premium amenities. it appeals to global investors with direct access to Dubai Marina and Palm Jumeirah.

DAMAC Elegance Towera

A new launch in Downtown Dubai. It offers stylish apartments with views of Burj Khalifa and the Dubai Mall. Its location makes it ideal for short-term rental investors targeting tourists and professionals.

Other launched projects, such as Safa Two by de GRISOGONO and Canal Heights, bring a mix of central locations, high-rise luxury, and branded partnerships.

Locations that Drive Growth

DAMAC projects are spread across Dubai’s most active investment zones.

• Downtown Dubai: Premium apartments near Burj Khalifa.
• Business Bay: High-demand rental hub.
• Dubai Harbour: Waterfront living with strong resale potential.
• Damac Hills & Lagoons: Family-friendly villas with lifestyle amenities.

These areas benefit from strong infrastructure, proximity to key attractions, and high occupancy rates.

Investment Potential

Off-pan projects by DAMAC have consistently recorded capital appreciation. Purchasing a villa in DAMAC Hills in 2019 could increase its value by over 40% by 2024. Waterfront units in Dubai Harbour are among the most sought-after units in the city, driven by limited supply and strong global demand from buyers.

Rental returns are equally strong. Well-located DAMAC apartments yield an average of 6–8% annually, which is higher than those in global property markets such as London or Hong Kong. Combined with Dubai’s tax-free environment, this makes DAMAC projects attractive for long-term wealth building.

Flexible Payment Plans

DAMAC offers easy payment structures. Buyers often pay 20% to book and spread the rest during construction. Some projects include post-handover payment plans which allow buyers to pay after receiving the keys. This flexibility makes off-plan ownership accessible to both first-time buyers and seasoned investors.

Why Invest Now?

Dubai’s property market continues to expand. The city recorded over AED 400 billion in real estate transactions in 2024. Demand from international buyers is growing due to long-term visas, tax benefits, and lifestyle appeal.

DAMAC’s new projects combine iconic design with strategic locations. For buyers seeking high returns, now is the ideal time to enter.

Explore the latest, new, and off-plan projects from DAMAC Properties. Whether you're looking for a luxurious home or a solid investment, DAMAC offers options for every buyer.