DAMAC Properties has been a leader in Dubai’s real estate market, known for its impressive projects that combine style, practicality, and top-quality design. In line with this tradition of excellence, One Investments is proud to collaborate with DAMAC Properties, a brand that represents innovation and high standards in real estate development.
In November 2024, the launch of DAMAC Islands, a prestigious master development in Dubailand, was marked by a captivating marketing campaign that drew considerable attention. The event featured a distinguished roster of international celebrities and influencers, including Bollywood stars, a two-time boxing champion, English football coach John Terry, and a renowned Lebanese actress.
The launch of DAMAC Islands achieved remarkable success, with over 3,100 units sold in just one day, highlighting the project’s strong appeal to investors. Hussain Sajwani, founder of DAMAC Properties, commented, “This record-breaking, unprecedented sales achievement reflects the market’s confidence in Dubai, our vision, and the unique appeal of DAMAC Islands. We remain committed to delivering exceptional projects that meet the evolving needs of our clients.”
A Unique Island-Inspired Development
DAMAC Islands marks the sixth master community in DAMAC’s extensive portfolio. Drawing inspiration from some of the world’s most iconic island destinations, the project comprises six clusters: Maldives, Bora Bora, Seychelles, Hawaii, Bali, and Fiji. Each cluster offers a distinctive experience, blending luxury and nature for residents.
Located in Dubailand, DAMAC Islands is designed to offer a peaceful escape from the city’s busy pace, while still being close to essential urban amenities. The development emphasizes building a strong sense of community, reflecting the growing demand for connected and sustainable living spaces in Dubai.
Market Trends and Future Outlook
The exceptional response to DAMAC Islands reflects wider trends within Dubai’s real estate market. In 2023, DAMAC expanded its portfolio with the addition of three master communities, responding to the growing demand for community-focused living in the emirate. With nearly 250 million square feet of master-planned developments, DAMAC draws on over two decades of expertise to deliver enriching lifestyles to a diverse range of clients.
Dubai’s real estate market has demonstrated exceptional resilience and growth in 2024, marked by a significant rise in luxury property transactions. In the first half of the year, the total value of real estate transactions exceeded AED 230 billion, reflecting a 25% increase compared to the same period in 2023. This positive trend is anticipated to persist into 2025, driven by the city’s continued infrastructure development and dedication to sustainability.
Economic forecasts for the UAE strengthen this optimistic outlook, with a projected GDP growth rate of 5.0% in 2025. The country’s stable economic environment is set to support continued growth in the real estate sector. Luxury developments such as DAMAC Islands are strategically positioned to appeal to discerning buyers in search of exclusive, integrated living experiences.
DAMAC Properties record-breaking sales for DAMAC Islands highlight the enduring appeal of Dubai’s real estate market and the developer’s ability to innovate and meet evolving market demands. As Dubai continues to establish itself as a global investment destination, projects like DAMAC Islands play an important role in shaping the city’s dynamic real estate landscape.
At One Investments, we are committed to helping you make informed decisions that align with your investment goals and lifestyle. Get in touch with us today to explore the best options and secure your ideal property in one of the world’s most dynamic cities.
