Under the leadership of Amira Sajwani, DAMAC is moving into a phase focused on higher quality standards, family driven communities, landmark projects, and global partnerships. The company is renowned for pioneering branded residences, having collaborated with influential brands to create landmark developments such as Cavalli Tower, Safa One by de GRISOGONO, and Chelsea Residences. DAMAC is one of Dubai's few master developers with eight master communities, seven in Dubai and one in Baghdad.
Cyborg Score Rationale
DAMAC Properties closed 2025 with AED 36 billion in sales and was ranked No.1 among Dubai's private developers. In Q1 2026, the company sold 3,663 residential units despite regional geopolitical tensions. The company's diverse global portfolio and consistent market leadership position it as an industry leader.
Top Insights
DAMAC Islands 2 achieved AED 11 billion in sales in just five hours in November 2025, confirming sustained demand for luxury waterfront, resort-style communities
2026 marks a strategic shift emphasizing higher build quality, family-oriented planning, landmark developments that shape districts, and global partnerships
DAMAC has delivered more than 50,000 homes with over 54,000 additional units planned across 15 global cities including Dubai, Riyadh, Toronto, and London
The company officially entered the Iraqi market with the Phase One launch of DAMAC Hills Baghdad in 2025
Named Competitors
Emaar Properties — Leading Dubai real estate developer with iconic projects
Meraas — Diversified real estate and hospitality developer
Sobha Realty — Premium residential developer in UAE
Azizi Developments — Mid-to-luxury residential developer in Dubai
Recent Developments
(May 2026) Managing Director Ali Sajwani reported a pick-up in sales in the UAE real estate market despite the ongoing Middle East war, attributed to government incentives and fee breaks for the hospitality industry worth approximately $2.5 billion
(March 2026) DAMAC recorded AED 3.12 billion in sales across 1,106 transactions, highlighting steady demand and customer confidence
(January 2026) Amira Sajwani announced a new era for DAMAC following record sales of AED 36 billion in 2025, with the company ranked No.1 private developer in the UAE
(November 2025) DAMAC Islands 2 achieved AED 11 billion in sales in five hours
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