Home Business & Finance Outlook Report 2024: Everything you need to know about DAMAC Properties’ latest projects

Outlook Report 2024: Everything you need to know about DAMAC Properties’ latest projects

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By Amira Sajwani

Like previous years, 2023 has proven to be an exciting and successful period for DAMAC Properties. Over the past 12 months, our company has launched 21 new and exciting projects across Dubai.

From Canal Crown to Golf Gate, DAMAC Properties’ talented team of real estate professionals is working diligently to bring our latest developments to life. Our portfolio, which features luxury villas, burgeoning communities and everything in between, has grown significantly over the past year, and we couldn’t be more excited about what’s to come.

As the new year draws near, I feel now is the ideal time to reflect on the various developments we have launched in 2023 and update you on what lies ahead. So, without further ado, here is my Outlook Report 2024

Community living 

The development of sustainable communities that are equipped to exceed residents’ expectations represents a cornerstone of DAMAC Properties’ success. Here are the community-focused projects we have launched during the past 12 months… 

Location: DAMAC Hills 

Utopia is a collection of ultra-luxury villas located in an idyllic setting. These opulent homes, which have been designed from the ground up to offer peace and relaxation, will occupy a private enclave of DAMAC Hills, providing residents with access to a huge range of world-class amenities such as DAMAC Mall and Trump International Golf Club, Dubai. This enticing fusion of modern luxury, tranquillity and quality of life is sure to appeal to even the most discerning homebuyers.

Golf Greens features a range of stunning one- and two-bedroom luxury apartments, as well as two- and three-bedroom townhouses, all with magnificent views of the fairways at DAMAC Hills. Each of the apartments and townhouses is designed to emulate the wonders of the outdoors, bringing in earthen hues and textures. Amenities include the Aqua Garden, Palm Garden, Aqua Golf, and Sky Golf. With everything a golf lover dreams of, Golf Greens will offer the perfect blend of relaxation and sport.

Golf Gate 2 is a luxurious development, which will feature one- and two-bedroom apartments. The project will be unique in offering residents a blend of modern comfort and the serenity of nature. The tower has stunning panoramic views of a world-class golf course, providing a delightful sense of peace amidst Dubai’s active and fast-moving atmosphere. The apartments, which have been designed with luxury and comfort in mind, are wonderfully presented and come with a wide array of amenities and facilities, including schools, supermarkets, pools and recreational spaces. What’s not to love? 

Location: DAMAC Hills 2 (D2) 

Park Greens is a collection of luxurious modern twin villas situated in the heart of DAMAC Hills 2. These inviting properties feature floor-to-ceiling windows to ensure an abundance of natural light. Meanwhile, their balconies and terraces offer serene views of the community’s beautiful landscape. These homes are immensely versatile, with four dedicated bedrooms and an additional room that can be customised to meet your specific requirements. With more than five million sqft of parkland on your doorstep, anyone who likes to combine luxury and nature will feel right at home in Park Greens.

The Farmhouses are a collection of unique and modern country houses where cityscapes are replaced by tranquil, green landscapes. Our design inspirations include North American-style country homes and the peaceful meadows of the Netherlands and Belgium. Each home comes with ample space to grow fruits and vegetables and even the opportunity to ride out on horseback. If you love country living, these properties will be perfect for you and your loved ones.

Verona consists of wonderfully spacious and comfortable four-bedroom townhouses, which are ideal for families. With style and luxury at the heart of these living spaces, residents will experience an extraordinary quality of life. Located within a community filled with world-class amenities and attractions, these modern abodes are just right for those looking to fill their spare time with fun and excitement.

Virdis offers a wide selection of serviced apartments and residences, all with magnificent city views. Both the exteriors and interiors are exquisite. Set in D2’s Towers A and B, these luxurious spaces are perfectly suited to young professionals while appealing to savvy investors. With a straightforward purchasing process and attractive price points, Virdis represents a wonderful short- or long-term luxury property opportunity.

Camelia Villas is a collection of beautiful and modern townhouses surrounded by a wide range of amenities, water attractions and more. The properties are just a stone’s throw away from Malibu Beach, where residents can enjoy a dip in the sea. Or, if you’re looking for something sportier, why not enjoy a game of football at the local facilities? Both sports and leisure are in ready supply at Camelia Villas.

DAMAC Hills 2 Hotel Edge by Rotana is a modern, stylish development with convenience and comfort as its key focuses. Close to a wide array of world-class attractions and amenities, such as a paintball arcade and butterfly garden, and with 295 rooms to choose from, each equipped with the latest in-room technologies, all your needs will be fulfilled. DAMAC Hills 2 Hotel Edge by Rotana features an all-day restaurant and bar, a fully equipped gym and two temperature-controlled swimming pools. Whether for business or pleasure, we really have you covered at this stylish hotel. 

Location: DAMAC Lagoons 

Morocco – Phase 2 is for those of you who love all things Mediterranean, where timeless heritage and luxury combine to create a wonderful setting for our new villas and townhouses. From Zellij tilework to Moorish arches, every detail of these luxury properties has been designed to encapsulate Morocco’s rich history of art and architecture. Morocco at DAMAC Lagoons provides all residents with a peaceful environment and plentiful wellness activities, including argan oil treatments, an outdoor yoga area and the Serenity Garden. This timeless haven will bring all the iconic colours, sounds and culture of Morocco to its residents.  

Mykonos is another beautifully designed Mediterranean-inspired set of properties, perfect for those who want to experience the ultimate island-living experience. DAMAC Lagoons Mykonos presents a set of wonderful luxury four-bedroom townhouses, all of which are inspired by Greek island charm. Mykonos is also home to a wide array of exciting amenities, such as a Honey Bar, luxury pool, floating gardens, Paradise Beach, Beach Club, and much more. Mykonos is set amidst 45 million square feet of beautiful crystal lagoons and white beaches, ensuring an amazing and enjoyable Mediterranean experience without leaving the UAE.

Tower developments 

In addition to its renowned community projects, DAMAC Properties has also developed an enviable reputation for innovative and luxurious stand-alone projects. Here are the tower developments unveiled by our team in 2023… 

Location: Al Sufouh 

DAMAC Casa features a stunning array of luxury apartments and townhouses located in Al Sufouh, offering a serene island high above Dubai’s hustle and bustle. Each property comes with breathtaking views of the iconic Palm Jumeirah as well as unmatched vistas of the Arabian Gulf. Each property comes with a fluid, avant-garde design that contrasts perfectly with Dubai’s cityscape. The tower features one- and two-bedroom luxury apartments alongside one- and two-bedroom townhouses on the property’s first and second levels. Those who need extra space can take advantage of DAMAC Casa’s sky-high three-, four- and five-bedroom super-luxury apartments. The podium rooftop features an artificial beach, cabanas, hydrotherapy amenities and an oasis lap pool.

Location: Business Bay 

Canal Crown features a stunning range of designer waterfront apartments, all created in collaboration with the luxury brand de GRISOGONO.Inspired by beautiful peridot gems found in fallen meteorites, Canal Crown is an architectural masterpiece that will offer a collection of studios, one-, two-, three- and four-bedroom apartments. Situated in Dubai’s prime real estate market of Business Bay, this development is ideal for those looking to experience some of the UAE’s most iconic attractions, such as the Burj Khalifa, Museum of the Future and Dubai Canal. Canal Crown is a wonderful investment opportunity for homebuyers and investors alike.

Canal Heights 2 de GRISOGONOalso designed in conjunction with luxury brand de GRISOGONO, comprises one-, two-, three- and four-bedroom apartments and duplexes nestled in close proximity to Canal Heights – a luxurious waterfront living experience designed to highlight the beauty of the blue pearl. These properties are inspired by vibrant living, featuring unique multipurpose domes that serve as wellness cocoons, dining experiences and a space for parties and gatherings. This project is also home to a selection of outstanding water features, such as infinity and shell-shaped pools.

Location: Dubai Harbour 

Skycrest Collection takes luxury living to new heights. This seafront property will feature ultra-luxury and luxury apartments with up to five bedrooms, all exclusively branded by world-renowned designer Roberto Cavalli. With pleasing vistas and first-class amenities, these properties are perfectly suited to those looking to match their lifestyle with their home.

DAMAC Bay by Cavalli, one of the most iconic developments in the DAMAC Properties portfolio, is an extraordinary 42-storey, three-tower residential concept located in Dubai Harbour. This development is beautifully situated to allow all residents to enjoy the wonders of the sky, sun and sea. The luxury apartments have been crafted with the help of Roberto Cavalli, making each more unique and spectacular than the last. The location also provides a vibrant maritime experience for residents.

DAMAC Bay 2 by Cavalli was launched following the incredible levels of demand generated by DAMAC Bay by Cavalli, and is equally stunning with an extra seven floors of exquisite residences. These super-luxury apartments are available with up to five bedrooms. Amenities include floating relaxation pods, glamping tents with beauty, body and aqua treatments, and hot tub boats. This development even comes with its own Cavalli Museum, so if you are a luxury lover, this really is the residence for you.

Location: Dubai Maritime City 

Coral Reef, located in the heart of Dubai Maritime City, is a beautiful collection of luxury one-, two- and three-bedroom apartments by the sea. Each home will encapsulate the wonders of the undersea world, creating a living experience for all to enjoy. The development’s vast array of amenities are also inspired by the ocean, from floating cinemas to cascading pools.

Harbour Lights de GRISOGONO Geneve is a 52-storey project, which embodies everything luxurious. These branded apartments by the sea are located between Port Rashid and Dubai’s Drydocks World, a vibrant hub for activity and perfect for those who are looking to settle down in a dynamic and urban environment. Residents can choose between one-, two- and three-bedroom apartments whose designs take inspiration from their surroundings. A seafront lifestyle has never been so appealing.

Location: Sheikh Zayed Road 

Volta is a 60-storey luxury residence, crafted specifically for those who enjoy and live a life at a fast pace. With multiple living options, including one- and two-bedroom luxury and ultra-luxury apartments, Volta is located along Sheikh Zayed Road among some of the world’s most iconic hotels and attractions, as well as an array of brilliant on-site amenities. From lap pools to a climbing wall to a luxurious spa, there is no room for boredom when you are living at Volta. It’s hardly surprising this development sold out within the space of six hours.  

Looking to the future 

With all these projects and more coming to the UAE over the coming years, DAMAC Properties’ new and existing customers have plenty to look forward to. However, we are always on the lookout for innovative ways to strengthen our ever-growing portfolio, and we have plenty of other game-changing project ideas in the pipeline. In short, this is just the beginning of what we have in store.

As Managing Director – Sales and Development at DAMAC Properties, it is my privilege to see these projects come to life. I hope that some of you have an opportunity to experience the incredible spaces we are creating as our team unveils even more stunning developments over the coming months.

All that’s left for me to do is to wish you and your loved ones a very Happy New Year. My colleagues and I at DAMAC Properties have so many exciting plans for 2024, and we cannot wait to write the next momentous chapter in our organisation’s illustrious history.

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