DAMAC New Projects in Dubai

DAMAC is one of the two or three names every off-plan buyer in Dubai brings up in the first phone call, right after Emaar. That reputation is earned, and it is also the reason so many buyers overpay for it without checking what they are actually getting. Right now we have four DAMAC new projects listed with our brokerage: The Lifestyle Collection, Damac Islands Seychelles 2, Riverside Azure 2, and DAMAC District inside the wider Damac Hills community.

Reviewed by Dr. Sina Ghaderi, AKT founder, RERA ORN 15673 · Updated: 26 July 2026

Some come with the developer's well known 1% monthly payment structure, some do not, and the difference matters more than the brochures let on. This page walks through what each project actually is, how the payment plans work in practice, and where DAMAC is worth the premium and where it is not.

What DAMAC actually builds, and where its new projects sit

DAMAC Properties has been building across Dubai for years, and today the group runs several master communities at once rather than single towers. Damac Hills is the golf-anchored villa and apartment district built around the Trump International Golf Club course. Damac Islands is a newer, lagoon-themed community built around artificial waterways and beach clubs rather than a golf course.

DAMAC Riverside sits along its own waterfront setting. Each of these communities gets its own steady stream of new phases and buildings, which is why "DAMAC new projects" rarely means one single launch. It usually means the newest phase inside whichever community is currently selling fastest.

For buyers, that structure matters because location inside a DAMAC community changes the product completely. A townhouse phase in Damac Islands is a different purchase, and a different price bracket, from an apartment tower in Damac Hills or a unit inside DAMAC District. Ask which community a listing sits in before you ask about the price.

Four DAMAC launches we have on our list right now

We currently have four live DAMAC listings across three of the group's communities. Prices move with each release phase, so treat the notes below as the plan structure rather than today's exact price list, and ask us for the current sheet before you commit to a unit.

The Lifestyle Collection

The Lifestyle Collection is one of DAMAC's active release lines right now, sold under the group's usual off-plan structure: a booking deposit, staged instalments tied to construction, and a balance due around handover. We do not have every unit type confirmed at time of writing, so treat this as an entry point rather than a final shortlist.

If a design-led DAMAC address without a golf or lagoon location attached is what you are after, this is the one to ask us about first. Get the current floor plans and price list from us directly, since DAMAC updates pricing by release phase, not once a year.

Damac Islands Seychelles 2

Damac Islands Seychelles 2 is a lagoon-facing townhouse launch inside the Damac Islands community, and it is the project in our list that carries DAMAC's 1% monthly payment plan. That structure alone makes it the most talked about of the four, because it lets a buyer commit to a lagoon-community townhouse without the large lump sums a standard plan usually demands.

The townhouse format also means larger built-up areas than most of our other DAMAC listings, which matters if you are buying to live in rather than to flip before handover. We cover exactly how the monthly math works in the payment plan section below.

Riverside Azure 2

Riverside Azure 2 is the second phase we have listed inside DAMAC's Riverside waterfront community. Waterfront-facing units in a phase-two release tend to price above a community's earlier phases once the surrounding retail and greenery visibly progress, though DAMAC has not published anything specific enough here for us to quote a number.

What we can say honestly is that buying an early phase-two unit, rather than waiting for phase three or four, is usually the better entry point if your goal is capital growth ahead of handover rather than a finished, lived-in community from day one.

DAMAC District, inside Damac Hills

DAMAC District sits inside Damac Hills, DAMAC's established golf and villa community anchored by the Trump International Golf Club course. Being inside an already-built, already-landscaped master community is the main draw here rather than being on a raw new site: roads, parks, and retail are largely in place already, which shortens the usual off-plan wait for amenities to catch up with the building.

It suits buyers who want the DAMAC brand and a finished-feeling neighborhood on day one of handover, more than buyers chasing the newest, most experimental community DAMAC has running.

How DAMAC's payment plans work, including the 1% monthly option

Most DAMAC launches still use a version of the standard off-plan structure: roughly 10 to 20 percent at booking, a series of instalments tied to construction milestones, and a final chunk due at or shortly after handover. Damac Islands Seychelles 2 is different. It runs on DAMAC's 1% monthly plan, meaning the price clears in small monthly instalments of one percent each rather than in lump sums tied to construction stages.

Run the numbers before you get excited about the low monthly figure. On a townhouse priced at roughly AED 2 million, 1% a month is AED 20,000 a month, and at that pace the full balance takes around 100 months, over eight years, to clear if there is no separate handover balloon payment folded in.

Plans like this vary in exact length and whether a lump sum is due at handover, so the real schedule for Seychelles 2 needs to come from the current DAMAC sales pack, not from a generic assumption.

The schedule still totals 100% of the purchase price paid in cash by the time the balance clears; the friendly monthly figure just makes that total easy to forget. What we can say with confidence is that a 1% monthly plan suits a buyer prioritising cash flow over speed to full ownership, and it suits it less well if you plan to sell before handover, since your equity in the unit builds slowly.

Buying DAMAC off-plan through a broker: escrow, Oqood, and what protects your money

Every DAMAC off-plan project sells through a RERA-approved escrow account, which means your instalments go into a project-specific escrow rather than straight into DAMAC's general accounts. That structure exists to stop developer cash-flow problems on one project from stalling the building your money actually sits in. Once you sign the sale and purchase agreement, the transaction registers in Oqood, the Dubai Land Department's interim record for off-plan sales, before converting to a full title deed once the unit is handed over and the building has its completion certificate.

Buying through a broker rather than walking into a DAMAC sales office directly does not change any of that protection, and it should not cost you more, since the developer typically pays the commission on new launches. What it should get you is someone checking the payment plan terms against what DAMAC actually filed, comparing DAMAC District against a same-priced unit from another developer, and flagging when a special launch price is really just the standard release price with a marketing label attached. If you want to see how DAMAC's structure compares with other off-plan projects in Dubai, we can put together a side-by-side before you decide.

The honest pros and cons of buying DAMAC

DAMAC's biggest advantage is liquidity. The brand is recognised well beyond Dubai, which tends to help resale demand once a project is a few years past handover, and DAMAC completes enough volume that secondary listings in its established communities rarely sit unsold for long. The brand premium is real too, and it shows up in price per square foot compared with a less known developer building next door with a similar spec.

Service charges in DAMAC's larger amenity-heavy communities run on the higher side of the market, and that is worth budgeting for before you sign, not after your first annual invoice arrives. Handover timelines on new phases can also slip by several months past the original date, which is common across the industry and not unique to DAMAC, but it is a real planning factor if you need the unit ready by a specific date.

If your total budget stops at AED 900,000, the DAMAC entry point is going to be a smaller unit in a less finished phase of Damac Hills or Damac Islands, and you may get more space for the same money from a mid-market developer in JVC. If you have AED 2 million or more and want brand recognition plus an established, amenity-rich community, DAMAC earns its premium more easily at that budget level.

None of this is a reason to avoid DAMAC, it is a reason to buy with the right project matched to your budget and timeline. If you want the current price list and payment terms across all four of our DAMAC listings, get in touch with our team and we will walk you through what is actually available this week.

One market number worth knowing before any DAMAC conversation: Property Monitor and DLD counted off-plan at 74.9 percent of all Dubai sales in June 2026, so the launch-and-instalment model DAMAC runs on is now how three out of four transactions in this city happen. Month-by-month figures for every community sit on our Dubai real estate statistics page.

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