DAMAC Properties calls itself the largest privately owned property developer in the UAE and across the Middle East. This hub sets out who the company is, where it builds, and what the Dubai Land Department (DLD) record shows about its launches and handovers, so you can compare the developer's own statements with registry data.
Who DAMAC is
Hussain Sajwani founded DAMAC Properties in 2002. In July 2026 the company said it had delivered 50,000 units and had more than 54,000 under construction (DAMAC press release, 9 July 2026). In September it spoke of more than 50,000 homes handed over, and of a further 55,000-plus units, on a project area above 100 million sq ft, that are still being planned or developed (DAMAC press release, 4 September 2026). These are the company's own figures, counted on the developer's basis rather than the registry's.
Where DAMAC builds
The September release names the communities that carry the 2026 handover programme:
DAMAC Lagoons is the largest component: about 6,300 homes are targeted for handover in 2026, against around 513 in 2025. The company says infrastructure, landscaping and associated works have passed 80% completion, and that about 177,000 sq m of water bodies are being commissioned in phases.
DAMAC Hills is about 85% completed and handed over, according to the company, with dozens of residences in Cavalli Estates and Utopia being handed over this year.
DAMAC Hills 2 expects to hand over more than 1,500 villas in 2026.
Chic Tower in Business Bay and Elegance Tower in Downtown Dubai extend the programme to high-rise buildings.
Our catalogue also lists DAMAC projects in Business Bay, Dubai Harbour, Dubai Maritime City, Dubai Marina and other districts.
Launches and handovers: what the DLD data shows
DXB Interact aggregates DLD records by developer. For DAMAC it shows:
Launched: 223 projects with 88,090 units from 2012 to 2026. The busiest years were 2024 (31 projects, 12,183 units) and 2025 (40 projects, 17,546 units); 2026 so far shows 8 projects with 6,601 units.
Delivered: 142 projects with 48,718 units, including 7 projects (2,007 units) in 2025 and 10 projects (3,556 units) so far in 2026.
Planned completions: 113 projects with 52,336 units. The yearly rows list 22 projects (10,991 units) for 2027, 23 (8,738 units) for 2028, 17 (9,141 units) for 2029 and 16 (10,750 units) for 2030, and they add up to 95 of the 113 projects. The pipeline view still lists 14 projects (6,235 units) under a planned year of 2024 or 2025.
Construction progress of the planned units: 30,948 at 0–20%, 8,308 at 20–40%, 4,660 at 40–60%, 3,086 at 60–80% and 5,334 at 80–100%.
Source: DXB Interact (DLD data), as of 12 November 2026.
Two readings follow. First, the pipeline still to be built is about 7% larger than everything DAMAC has delivered in Dubai so far, and almost 60% of its units are in the earliest construction bracket, so most of the work lies in 2027–2030. Second, on punctuality, the DXB Interact reliability view lists 178 completed project records for DAMAC, all finished on or before the planned date, and 17 records currently past their planned date, which gives an overall reliability figure of 91.3%. The "late" category shows 0 for every developer by the way the view is defined, so the 17 open records are the more informative number; their median is 409 days past the planned date. That is a registry statistic, not a verdict on the company: planned dates are revised, and registry status can lag behind what has happened on site. The reliability view also counts records on a different basis from the pipeline view, so the totals do not match the delivered count above.
The 2026 handover plan and registered completions
In July 2026 DAMAC announced the handover of 8,800 residential units across Dubai in 2026, together with more than AED 10 billion of construction contracts awarded in the first half of the year (DAMAC press release, 9 July 2026). The September release repeats the target of 8,800-plus units and adds that the contracts form the base for deliveries in 2027 and beyond.
The DLD-based count for 2026 so far, 3,556 units in 10 projects, is well below the 8,800 target. The two figures measure different things: one is a developer's plan for handing keys to buyers over twelve months, the other counts projects already recorded as completed. If you are waiting for a particular unit, the useful check is that project's entry on the DLD project status service, where you can search by project name or number, together with the developer's handover notice.
DAMAC projects listed on WiseView
Our catalogue includes more than thirty DAMAC projects in Dubai, for example DAMAC Lagoons Views Phase 3 and Valencia in DAMAC Lagoons, DAMAC Hills – Ivory and DAMAC District in DAMAC Hills, DAMAC Bay in Dubai Harbour and Chelsea Residences 2 in Dubai Maritime City. Each page shows the payment plan and expected completion date as supplied by the developer. The full list is on our off-plan projects page.
Questions worth asking before you buy
Which community and phase the unit belongs to, and what the DLD project status service shows for that building.
How the price is split between construction and handover. Our guide to off-plan payment plans in Dubai explains the common structures and the 4% registration fee.
Whether your contract will be registered in Oqood after signing, and which project escrow account receives your payments; Dubai's Law No. 8 of 2007 covers developers selling off-plan in the Emirate of Dubai.
What the planned completion date in the contract is, and how it compares with the date shown in the DLD record.
For comparison with other developers, see our hubs on Sobha Realty and Emaar Properties. If you would like a second view on a specific DAMAC project, our team can go through the numbers with you.
Talk to a WiseView broker
Weighing a DAMAC project? Book a consultation with a WiseView broker: meet our team and pick an advisor, browse off-plan projects in Dubai, or write to info@wiseview.ae or call +971 4 540 9916. We will go through payment plans, handover dates and DLD records for the units you are considering.
General information, not financial advice. Figures are as published by the sources cited, as of 12 November 2026.
Sources: DAMAC Properties press releases of 9 July 2026 (damacgroup.com) and 4 September 2026 (prnewswire.com); DXB Interact, DLD data as of 12 November 2026 (dxbinteract.com); Dubai Land Department, project status service (dubailand.gov.ae); Dubai Law No. 8 of 2007 on escrow accounts (dlp.dubai.gov.ae).
