Back to Developers Registry
OFFICIAL REGULATORY•DLD Registered Entity
DLD Developer Registry•Est. 2002

DAMAC Properties

Major residential, leisure, and commercial master developer renowned for large-scale themed master communities (DAMAC Hills, DAMAC Hills 2, DAMAC Lagoons) and luxury designer brand collaborations (Cavalli, de GRISOGONO).

01 • CORPORATE & STATUTORY RECORD
Entity Legal Title
DAMAC Properties
Headquarters
DIFC / Business Bay, Dubai, UAE
Year Established
2002
Escrow Regime Compliance
Dubai Law No. 8 of 2007
Regulatory Authority
Real Estate Regulatory Agency (RERA)
02 • MASTER DEVELOPMENTS

Selected Projects & Communities

Project 01

DAMAC Hills

Statutory master plan zoning with registered escrow accounts under Dubai Law No. 8 of 2007.

Project 02

DAMAC Lagoons

Statutory master plan zoning with registered escrow accounts under Dubai Law No. 8 of 2007.

Project 03

Business Bay

Statutory master plan zoning with registered escrow accounts under Dubai Law No. 8 of 2007.

Project 04

Dubai Marina

Statutory master plan zoning with registered escrow accounts under Dubai Law No. 8 of 2007.

Statutory Escrow & Compliance Audit

All developments by DAMAC Properties comply with the trust and escrow framework stipulated under Dubai Law No. 8 of 2007. Buyer capital is held in statutory project escrow accounts and released in phased tranches linked to certified engineering progress audits verified by RERA.

Registration: Dubai Land DepartmentSource Class: OFFICIAL REGULATORY