DAMAC Properties is set to hand over 8,800 residential units across Dubai in 2026, as the developer continues to expand construction activity across its portfolio of master communities and flagship projects.
The developer has also awarded more than AED10 billion worth of construction contracts during the first half of 2026, supporting ongoing delivery across developments including DAMAC Hills, DAMAC Hills 2, DAMAC Lagoons, Chic Tower and Elegance Tower.
Ali Sajwani, Managing Director of DAMAC Properties, said the company remains focused on maintaining delivery timelines despite broader regional challenges earlier this year.
“DAMAC remains fully committed to delivering every promised unit and project to our customers without disruption or delay,” said Sajwani. “Our construction activity, operations and handover timelines continue to progress with confidence and consistency, with our priority remaining the delivery of quality homes through efficient execution.”
The upcoming handovers add to DAMAC’s growing residential portfolio in Dubai, with the developer continuing to advance construction through contractor partnerships, operational efficiencies and technology-led processes.
Founded in 2002 by Hussain Sajwani, DAMAC Properties has delivered 50,000 units to date, with more than 54,000 units currently under construction.
The developer has continued to expand its presence in recent years through international partnerships and new project launches, including collaborations with Chelsea Football Club and Oracle Red Bull Racing.
The latest delivery milestone comes as Dubai’s residential market continues to see sustained demand from homeowners and investors, driven by population growth, investor confidence and continued development activity across the emirate.
Published by: Construction Week Middle East