DAMAC Tops Dubai Developers With USD 9.8bn Sales in 2025

Dubai, UAE: Amira Sajwani, Managing Director of DAMAC Properties, has declared the start of “a new era” for the company following a record-breaking year in which sales reached USD 9.8 billion (AED 36 billion). The performance cements DAMAC’s position as the number one private real estate developer in the UAE, concluding a year defined by scale, execution, and sustained market demand.

Amira Sajwani, Managing Director, said:

2026 marks a new era for DAMAC. Our focus is clear: delivering dream homes for families with the highest quality standards in the market. This next chapter will also be defined by landmark new projects and global partnerships. I look forward to sharing what we have planned this year.

Landmark Launches Drive Exceptional Performance

Momentum accelerated sharply in November 2025, when DAMAC recorded USD 3.0 billion (AED 11 billion) in sales within just five hours for DAMAC Islands 2. The result underscored sustained appetite for luxury waterfront and resort-style communities in Dubai and exceeded the developer’s previous benchmark set in 2024.

The original DAMAC Islands launch generated more than USD 2.78 billion (AED 10.2 billion) in under 24 hours and was recognised by Guinness World Records for the highest revenue achieved from a real estate launch in a single day.

Amira Sajwani added: “DAMAC has long held the number one position as the largest private real estate developer in the UAE and the Middle East, a leadership it has maintained for many years and will continue to build on. We thank the UAE leadership, our Founder, our partners, brokers and teams for supporting and sharing our vision in launching and building world-class projects.”

Two Decades of Delivery and Expansion

Founded in 2002 by visionary Founder Hussain Sajwani, DAMAC Properties has established a strong delivery track record, having completed more than 50,000 residential units, with over 54,000 additional homes currently under construction. In 2025, the developer continued to expand both locally and internationally through high-profile collaborations, global partnerships, and major project launches.

Global Partnerships and High-Profile Launches

DAMAC’s first launch of 2025, Riverside Views in Dubai, reinforced its positioning in the global luxury segment, combining waterfront living with wellness-driven and lifestyle-focused amenities. The January launch event drew international attention, featuring appearances by global celebrities including Shah Rukh Khan.

The developer also entered into a landmark global partnership with Chelsea Football Club. Chelsea Residences by DAMAC represents a distinctive investment proposition, merging Chelsea FC’s global brand equity with one of Dubai’s final prime waterfront locations. Once completed, the development will occupy one of the last remaining corner waterfront plots offering uninterrupted 270-degree views of the Arabian Gulf and the Dubai skyline. DAMAC branding also featured on Chelsea FC’s men’s and women’s team shirts for the remainder of the 2024/25 season.

Portfolio Growth Across Markets

In August 2025, DAMAC launched Capri One, adding a new residential cluster centred on water views and community-oriented living. This was followed a month later by the unveiling of DAMAC District, an integrated community within the DAMAC Hills master development, designed to redefine urban living in Dubai.

The year’s largest launch, DAMAC Islands 2, further expanded the developer’s island-living portfolio. Internationally, DAMAC marked a strategic milestone with its official entry into Iraq through the Phase One launch of DAMAC Hills Baghdad, its first luxury master-planned community in the Iraqi capital.

Throughout 2025, DAMAC introduced attractive payment structures and innovative banking partnerships, enhancing financial flexibility for buyers and reinforcing its position as a market leader in accessible luxury real estate investment across the UAE.