History of Damac
Damac is a private real estate development company that started its operations in 2002 and has since established itself in the market as a developer of luxury apartments. The company positions itself as a successful developer of high-end housing designed for the comfort of its buyers. Each project is unique and has its own features. Hussein Sajwani is currently the CEO of the company.
One of the company's strengths is its ability to deliver projects quickly. Damac never delays and always delivers completed projects on time.
Like many developers of luxury housing, Damac strives to create comfortable living conditions for everyone. You won't find small living spaces in the project catalog; all apartments are spacious, free of clutter, and have unique layouts. The minimum size of one-bedroom apartments is 78 sq. m, two-bedroom apartments are 114 sq. m, three-bedroom apartments are 427 sq. m, and villas are 211 sq. m.
The quality of the apartments can be judged by their appearance alone; the complexes are designed according to designer concepts, and every detail is thought out to make the building look stylish. The grounds of all complexes are well-maintained, and most of them have landscaped areas, children's and sports playgrounds, and walking paths. The lobbies have everything necessary for comfortable living. All complexes have well-developed infrastructure.
How reliable is Damac?
Damac can be considered a reliable partner when purchasing premium-class real estate. The company has been on the market for 20 years and has only positive reviews. The company's employees regularly participate in various contests and conferences and have won more than 100 international awards. One of the latest awards was received in 2020 - the International Business Magazine Award in the category "The Most Socially Responsible Real Estate Company."
Among investors, Damac is considered one of the reliable partners. This fact is confirmed by the fact that after the presentation of the objects, the sale of real estate starts immediately. Often, by the end of the construction of a residential complex, all objects are already sold.
Most of the real estate properties have been completed and handed over in Dubai. The main activity of the company is the construction and delivery of residential, hotel, and entertainment facilities in the Persian Gulf region.
Popular projects by Damac
This project features exclusive villas with designer finishes. The residences are spacious, ranging from 5-7 bedrooms. It is one of the most luxurious developments by Damac, designed to maintain a lavish lifestyle.
This project offers affordable homes with 3-6 bedrooms. The two-story villas come with additional basement space in some units. The average size of the villa, including the plot, is around 200 square meters. Damac produces spacious apartments for the convenience of any individual.
This project features two towers by Damac, with 44 and 60 floors respectively. Every apartment has a stunning city view. The interiors are well-designed with high-quality finishes. Luxury apartments with 1-3 bedrooms are available for purchase.
The highlight of this project is the golf club within the residential complex. It is an exclusive gated community with villas, townhouses, and luxury apartments. It is a fully developed area with shopping centers, stores, spa areas, hotels, and pools.
Costa Brava Damac Lagoons
This project has not yet been completed but has already attracted many buyers. Unlike other projects by Damac, everything here is designed in the Spanish style, creating a comfortable living environment. The complex is scheduled to be completed in 2025, but villas and townhouses are already available for purchase.
Why buy properties from Damac?
Over the years, Damac has established itself as a reliable developer, offering properties at varying price points. The purchase of properties from Damac is a profitable investment, which can be quickly recouped. The properties are located in the most convenient areas, making them popular. In addition to the location, attention should be paid to the quality of the residential and commercial buildings.