DAMAC Properties: Dubai Off-Plan Projects and Payment Plans
DAMAC's current Dubai off-plan range, from AED 725,000 apartments to a AED 16.5m Cavalli penthouse: projects by price band, payment plans and buyer checks.
Buying off-plan from DAMAC means choosing between very different products that share one name: entry-level apartments in Dubai Investment Park, family villas on the DAMAC Islands, a sea-facing tower in Dubai Maritime City and a Cavalli-branded penthouse on Al Safa. Across that line-up, prices run from AED 725,000 to AED 16,500,000, and the product and payment terms change from one project to the next. This profile sets out what DAMAC builds right now, which projects suit which purchase, and what to confirm before you reserve.
It sits under our guide to the best off-plan developers in the UAE. For the buying process itself, read the complete guide to off-plan property in Dubai, and to see where these projects sit, the off-plan property areas guide.
What’s in this guide:
Key takeaways:
- DAMAC’s current off-plan line-up runs from around AED 725,000 in Damac Lagoons to AED 16,500,000 for a Cavalli-branded home on Al Safa.
- Apartments cluster in Dubai Investment Park, Downtown Dubai and Dubai Maritime City; villa and townhouse clusters sit in the DAMAC Islands and Damac Lagoons communities.
- Payment plans vary widely, with handover balances from 20% to 50% of the price, so the cash-flow shape changes from project to project.
- Cavalli Couture, the Roberto Cavalli-branded flagship, sits at the top of the range at AED 16,500,000.
- One current project, DAMAC Shoreline, sits on Al Marjan Island in Ras Al Khaimah, under a different regulator from the Dubai projects.
Data note: Project figures here come from the Projectory catalogue and are current as of June 2026. Live price, availability, unit mix, payment schedule and handover date can change, so confirm current figures before committing. Developer-scale figures are DAMAC’s own published statements, attributed as such. This guide is for buyer education and does not replace legal, tax or investment advice on a specific purchase.
About DAMAC
DAMAC Properties was founded in Dubai in 2002 by Hussain Sajwani, who remains its chairman. By its own account, DAMAC has delivered more than 50,000 homes across its markets, and it develops internationally as well as across the UAE.
What DAMAC is best known for is branded residences: homes designed in partnership with global fashion and luxury houses. That strategy is visible in the current line-up through Cavalli Couture on Al Safa. The bulk of the current off-plan line-up, though, is mid-market apartments and family villas in the AED 700k to 2.5M range.
DAMAC signature projects
You have probably seen a few DAMAC projects in the news. These four are the ones you are most likely to recognise.
Cavalli Couture
Cavalli Couture is DAMAC’s flagship in the current line-up, a Roberto Cavalli-designed development on Al Safa. It runs across 24 catalogued floor-plan layouts: 3 and 4 bedroom apartments, with more four-bedroom layouts than anything else, ten in all, plus 5 bedroom penthouses at the top. Prices start at AED 16,500,000 with handover scheduled for June 2027. At that price, it is comfortably DAMAC’s highest-priced current project and the clearest expression of the Cavalli-branded strategy.
DAMAC Islands
DAMAC Islands is a master community of townhouses and villas in Dubailand, themed around island destinations such as the Maldives, Seychelles and Bali. Its four catalogued floor-plan layouts span 4 and 5 bedroom townhouses and 5 and 6 bedroom villas, from AED 2,250,000, with handovers running from late 2028. It is the current home of DAMAC’s family-villa product and runs across several release phases.
Chelsea Residences
Chelsea Residences is a football-themed waterfront tower in Dubai Maritime City, on a plot with direct access to Sheikh Zayed Road and within reach of Port Rashid, DIFC and J1 Beach. It carries 28 catalogued floor-plan layouts across 1 to 3 bedroom apartments, with the widest choice in two-beds, thirteen layouts in all, from AED 2,170,000 with handover in December 2029. Its waterfront position and the Chelsea FC brand tie-in are what set it apart among DAMAC’s current apartment projects. A waterfront building with amenities like these also costs more to maintain, so weigh the likely service charges before you commit.
Volta Tower
Volta Tower brings DAMAC into Downtown Dubai with 24 catalogued floor-plan layouts across 1 to 4 bedroom apartments, built mostly around the smaller units, with twelve one-bedroom and eight two-bedroom layouts. Prices start at AED 1,670,000 with a May 2028 handover. It is the most central of DAMAC’s current apartment projects and a useful marker for what a DAMAC unit costs in a prime Downtown address.
Where does DAMAC build in Dubai?
DAMAC’s current off-plan projects concentrate in a handful of communities rather than spreading thinly across Dubai. The apartment volume sits in Dubai Investment Park, where the Damac Riverside Views cluster runs through a series of sub-towers, with single projects in Downtown Dubai and Dubai Maritime City.
The villa and townhouse product sits in two themed master communities: Damac Lagoons and the DAMAC Islands clusters in Dubailand. At the top of the range, Cavalli Couture sits on Al Safa. One current project, DAMAC Shoreline, sits outside Dubai entirely, on Al Marjan Island in Ras Al Khaimah, which falls under a different property regulator from the Dubai projects.
DAMAC projects by price band
These are starting prices for a selection of DAMAC’s current projects; the price for a specific unit depends on its size, layout and floor.
| Price band | Project (from price) | Area | Handover |
|---|---|---|---|
| Apartments under AED 1m | Valencia from AED 725,000; Damac Riverside Views from AED 888,000 | Damac Lagoons; Dubai Investment Park | 2029; 2028 |
| Mid-range apartments | Volta Tower from AED 1,670,000; Chelsea Residences from AED 2,170,000 | Downtown Dubai; Dubai Maritime City | 2028; 2029 |
| Family villas and townhouses | Damac Islands from AED 2,250,000 | Dubailand | 2028 |
| Branded luxury | Cavalli Couture from AED 16,500,000 | Al Safa | 2027 |
The entry point is genuinely accessible: Valencia opens at AED 725,000 and the Damac Riverside Views apartments start below AED 1 million, which puts them within reach of the entry-level bracket covered in our guide to off-plan property under AED 1 million in Dubai. The villa product begins around AED 2,250,000 in the DAMAC Islands clusters.
How DAMAC payment plans work
DAMAC does not use a single house payment plan. Across the current projects the structure changes, and the part that changes most is the handover balance, the lump sum due when the building completes.
| Project | Plan (booking / construction / handover) | What stands out |
|---|---|---|
| Valencia | 5% / 55% / 40% | Lightest entry: 5% to book |
| Damac Riverside Views | 20% / 50% / 30% | Balanced, mid-weight handover |
| DAMAC Shoreline | 10% / 70% / 20% | Front-loaded construction, light handover |
| Lagoon Views Phase 3 | 20% / 30% / 50% | Heaviest handover balance |
Take Damac Riverside Views as a worked example. On its AED 888,000 starting price, a 20/50/30 plan means roughly AED 177,600 to book, AED 444,000 spread across construction to its June 2028 handover, and AED 266,400 due at completion. If the unit price changes, each amount moves with it in the same proportions.
The lesson is to check the handover share before you commit, not just the booking amount. Lagoon Views Phase 3 leaves half the price until completion, while DAMAC Shoreline leaves only a fifth, and an off-plan property earns no rent during construction, so the funding plan has to work before handover rather than only after it. For a fuller framework on off-plan cash flow, fees and exit timing, read the UAE off-plan investment guide.
Which DAMAC project is right for you?
The right DAMAC project depends on what you are buying for.
- If you are buying an apartment on a tighter budget, the most options are in Dubai Investment Park, where Damac Riverside Views opens below AED 1 million, or in Damac Lagoons, where Valencia starts at AED 725,000.
- If you want a central Dubai address, look at Volta Tower in Downtown Dubai and Chelsea Residences on the Dubai Maritime City waterfront, both in the AED 1.67M to 2.17M apartment range.
- If you want family space, the DAMAC Islands townhouses and villas in Dubailand start at AED 2,250,000 for four bedrooms.
- If branded luxury is the point, Cavalli Couture on Al Safa starts at AED 16,500,000, the only project in that tier.
- If you are set on Ras Al Khaimah, DAMAC Shoreline on Al Marjan Island carries the earliest current handover, in October 2026.
Whichever band you are in, confirm that the specific project fits the price, payment plan, handover and area you actually need.
What to verify before reserving
Before paying any reservation amount on a DAMAC project, confirm the unit-specific details that the headline figures do not show.
Confirm in writing before you book:
- The current price and live availability for the specific unit, not the project’s starting price
- The exact size and floor plan, and the AED per square foot that follows from them
- The full payment schedule, including every construction instalment and the handover balance
- The expected service charge per square foot once handed over, and what it covers
- The handover date for the unit and what happens if the timeline moves
- The reservation terms, what the booking amount secures and the refund position
- For Dubai projects, the DLD registration, Oqood and escrow position; for DAMAC Shoreline, the equivalent Ras Al Khaimah registration and project-account evidence
Service charges are the running cost the payment plan does not show, and they vary sharply with the amenity load, which is heaviest on the luxury and waterfront projects. Our guide to service charges on off-plan property in Dubai sets out how to estimate and check them. For project registration, Dubai projects fall under the Dubai Land Department, while DAMAC Shoreline falls under the Ras Al Khaimah framework, so confirm the correct mechanism rather than assuming Dubai rules apply everywhere.
The bottom line
Two checks matter most before you reserve a DAMAC project: does the payment plan’s handover balance fit your funding timeline, and do the floor plan and service-charge figures support the price for the specific unit? Get both answers in writing, and confirm the correct registration framework for the emirate the project sits in.
Frequently asked questions
What does DAMAC build in the UAE?
DAMAC’s current off-plan line-up is mostly mid-market apartments and family villas, concentrated in communities such as Dubai Investment Park, Damac Lagoons, the DAMAC Islands and Downtown Dubai, plus a branded-luxury tier. Starting prices run from around AED 725,000 to AED 16,500,000.
How much is a DAMAC apartment in Dubai?
DAMAC apartments currently start from around AED 725,000, with most apartment projects in the AED 900k to 2.2M range; the branded-luxury tier runs higher, up to AED 16,500,000 at Cavalli Couture. The price for a specific unit depends on its size, floor and layout, so confirm the live figure for the unit you are considering before reserving.
What is the cheapest current DAMAC project?
Valencia in Damac Lagoons has the lowest current starting price among DAMAC’s off-plan projects, from AED 725,000 for an apartment, with handover scheduled for 2029. The Damac Riverside Views apartments in Dubai Investment Park also start below AED 1 million, from AED 888,000.
What payment plans do current DAMAC projects use?
DAMAC payment plans vary by project. Current examples run from a light 5% booking deposit on Valencia to a 50% handover balance on Lagoon Views Phase 3. Most apartment projects sit around a 20% booking and a 20% to 30% handover balance, so confirm the schedule for your specific unit.
Where is DAMAC Islands?
DAMAC Islands is a master community of townhouses and villas in Dubailand, Dubai, themed around island destinations. Homes range from 4 to 6 bedrooms, starting around AED 2,250,000, with handovers running from late 2028 across several release phases.
Is DAMAC Islands a good choice for a family home?
DAMAC Islands is DAMAC’s current family-villa community in Dubailand, with 4 to 6 bedroom townhouses and villas from AED 2,250,000 and handovers from late 2028 across several phases. Whether it fits depends on the space, budget and handover timing you need, so weigh a specific home against those rather than the community name, and check the phase, the unit’s floor plan and the payment schedule before reserving.
Is DAMAC a good developer to buy off-plan from?
DAMAC is an established Dubai developer founded in 2002 with a large delivery record by its own account. Whether a specific project suits you depends on the price band, payment plan, handover date and area, so judge the individual project against your budget and timeline rather than the brand alone.
Does DAMAC build outside Dubai?
Yes. Within the current UAE off-plan line-up, DAMAC Shoreline sits on Al Marjan Island in Ras Al Khaimah, which falls under the Ras Al Khaimah regulatory framework rather than the Dubai Land Department. DAMAC also develops internationally beyond the UAE.
What is Cavalli Couture?
Cavalli Couture is DAMAC’s Roberto Cavalli-branded development on Al Safa, Dubai, offering 3 to 5 bedroom apartments and penthouses from AED 16,500,000, with handover in June 2027. It is the top of DAMAC’s current price range.
What should I verify before reserving a DAMAC unit?
Confirm the current price, live availability, exact size and floor plan, full payment schedule, expected service charge per square foot, and handover date in writing. Also confirm the registration, Oqood and escrow position for Dubai projects, or the equivalent Ras Al Khaimah evidence for DAMAC Shoreline, before paying.
Sources and useful references
- DAMAC Properties developer page
- DAMAC Properties corporate profile (founding and delivery figures), About DAMAC
- Best off-plan developers in the UAE
- Service charges on off-plan property in Dubai
- UAE off-plan investment guide
Browse DAMAC’s current off-plan projects on Projectory by area, starting price, payment plan and handover date before you shortlist →
About the Projectory Team
Projectory's editorial team brings together more than 30 years of UAE real estate experience. Each guide is reviewed against current project information, including floor plans, prices, payment plans and handover dates.