Money and business

Damac Properties launches the Damac Islands 2 community, inspired by the most beautiful island destinations around the world

* Unique architectural design and a new lifestyle inspired by the concept of living on the eight most famous tropical islands

* A luxurious retreat that combines high-end living with all-round luxury

* In 2024, the Damac Islands 1 project set a world record by entering the Guinness Book of World Records after achieving the highest sales for a single residential project worth 10 billion dirhams within 24 hours.

DAMAC Properties, the leading developer of luxury real estate projects in the United Arab Emirates, the Middle East and other global markets, announced the launch of its seventh major residential community in Dubai, “DAMAC Islands 2”, which redefines the concept of waterfront living within residential complexes that mimic the most famous tropical islands in the world.

The launch of this project comes after the great and exceptional success achieved by the Damac Islands project last year. The new project features a vibrant tropical character in the heart of Dubai, where sparkling water bodies blend with lush green spaces and designs that focus on wellness and tranquility, while its designs were inspired by the eight most beautiful island destinations: Antigua, Bahamas, Barbados, Bermuda, Cuba, Maui, Mauritius, and Tahiti.

On this occasion, Amira Sajwani, Managing Director of Damac Properties, said: “The Damac Islands 2 project reflects the spirit of the tropical islands and the ambition of Dubai at the same time. It is not just a place to live, but rather an integrated experience to explore the splendor of the island lifestyle in the heart of the city, as it celebrates the beauty of nature, and at the same time offers a high level of sophistication, quality and luxury that distinguishes Damac projects.”

The Coca-Cola Arena hosted the launch ceremony of the new project in the presence of Hussain Sajwani, founder and Chairman of the Board of Directors of Damac Group, and Amira Sajwani, with the participation of Bollywood stars Ranbir Kapoor and Alia Bhatt, in addition to a live musical performance presented by the artist Majid Al Mohandis, which gave the event a wonderful artistic and festive atmosphere.

The project is distinguished by its concept that combines luxury and comprehensive luxury, through suites dedicated to wellness, floating platforms, open outdoor resorts, and spaces inspired by nature that give residents a unique sense of tranquility and tranquility in the heart of the city, at a time when Dubai is moving towards horizontal residential projects that balance privacy and spacious spaces.

This launch comes at a time when the real estate market in Dubai continues to record exceptional performance, as the value of sales reached 525.87 billion UAE dirhams in the first 290 days of 2025, exceeding the record recorded in the entire year 2024, while the third quarter of the year witnessed the recording of 59,228 real estate transactions with a total value amounting to 170.7 billion dirhams, the highest quarterly number ever.

During the first half of this year, residential unit sales amounted to 261.1 billion dirhams, an annual increase of 36.4%, at a time when the market is witnessing a continued increase in demand from investors by 26% compared to the previous year. During the first half of 2025, the Damac Islands project topped sales of villas and townhouse units with 4,185 deals, while the Damac Hills 2 project recorded about 1,942 deals, which reflects the continued confidence of investors in Damac projects and the solid position it enjoys in the real estate market in Dubai.

DAMAC continues its global expansion after a record year of growth, with the launch of new projects such as “Riverside Views”, “DAMAC District”, “Chelsea Residences by DAMAC”, and “The Delmore” project in Miami, to consolidate its vision of providing an exceptional lifestyle around the world. Its projects in Dubai have also recorded a remarkable growth in prices since its launch, as the prices of townhouse units in “Damac Hills 1” increased by 86%, and villas by 72%, while townhouse units in the “Damac Hills 2” community recorded a growth of 60%, and “Damac Islands” villas by 29%, which reflects the continued confidence of investors in the long-term value of the Damac brand and its luxury projects.

As part of the launch campaign for Damac Islands 2, the company announced a global competition entitled “The Perfect Ambassador for Damac Islands,” which gives the winner a unique opportunity to reside on one of the eight islands and work for Damac, in addition to an all-expenses-paid trip to the tropical islands from which the designs were inspired.

The project will include a group of luxury villas consisting of six bedrooms with an area of ​​​​approximately 583 square metres, duplex villas with five bedrooms with an area of ​​approximately 324 square metres, and five-bedroom townhouse units with areas of 293 and 263 square metres, in addition to four-bedroom townhouse units with an area of ​​203 square metres, with prices starting from 2.7 million AED.

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