DAMAC International Launches $6.2B DAMAC Hills Baghdad in Iraq

Baghdad, Iraq - October 24, 2025: DAMAC International has officially entered the Iraqi real estate market with the launch of phase one of DAMAC Hills Baghdad, a landmark development spanning 6.2 million square meters and featuring three residential clusters: Misk, Fayrouz, and Lamar.

Located across from Abbas Ibn Firnas Square, just five minutes from Baghdad International Airport and ten minutes from the Green Zone and Al-Mansour district, the project establishes a new benchmark for luxury community living in Iraq’s capital. It represents one of the most significant private sector real estate investments in the country and reflects Iraq’s growing appeal as a destination for international developers.

Celebrating Iraq’s Architectural Heritage

Phase one of DAMAC Hills Baghdad features a curated selection of four- and five-bedroom luxury villas, designed to blend contemporary elegance with the country’s timeless architectural identity. Each cluster showcases unique design elements that celebrate Iraq’s cultural heritage, combined with modern comforts and refined finishes that define the DAMAC brand.

“We are proud to launch the first phase of DAMAC Hills Baghdad, which marks a new starting point for DAMAC in Iraq,” said Majid Al Ghazali, Senior Vice President of Projects at DAMAC International and Managing Director of DICO International – Iraq. “This project reflects our ambitious vision to deliver luxury real estate that elevates quality of life and supports the national development efforts, in line with Baghdad’s Comprehensive City Development Plan 2030.”

Driving Investment and Urban Growth

The project aligns with the National Investment Commission’s strategy to attract international developers and stimulate large-scale urban regeneration across Iraq. By introducing high-quality infrastructure and integrated lifestyle amenities, DAMAC Hills Baghdad contributes to Baghdad’s long-term urban transformation and economic diversification goals.

The community will include central parks, a health club, restaurants, cafés, and leisure facilities, alongside advanced infrastructure such as a modern water system, an on-site power substation, and solar-powered heating. It also features 24/7 security, maintenance services, and smart utility management systems, ensuring residents enjoy safety, efficiency, and comfort.

Strategic Expansion Across the Middle East

DAMAC Hills Baghdad represents a key milestone in DAMAC International’s regional expansion strategy, strengthening its presence in the Middle East through strategic investments in emerging real estate markets.

“As one of the largest real estate developments in Baghdad, this project offers a diverse selection of elegantly designed villas that blend Iraqi authenticity with world-class quality,” Al Ghazali added.

The launch highlights DAMAC’s confidence in Iraq’s recovery and development trajectory and positions the company as a major player in shaping the capital’s next chapter of growth.