Damac Islands Launch Offers Affordable Island Living.
Dubai’s offplan property market is expanding rapidly, and now, islands are taking center stage. Among these, Damac Properties has unveiled its latest project, Damac Islands, located in Dubailand, just 15–20 minutes from key hubs like Dubai Investments Park and Sports City.
The project offers townhouses starting at Dh2.25 million for 4-bedroom units (2,208 sq. ft. built-up area) and villas priced at Dh6.3 million for 6-bedroom homes (4,440 sq. ft. built-up area).
This launch adds a new layer of pricing flexibility to Dubai’s island-living options. According to industry experts, investors can now choose from a wide price range, starting from Dh2 million on Damac Islands to Dh19 million and above for properties on Palm Jebel Ali. These options make waterfront living more accessible to a broader audience compared to the ultra-luxury homes on Palm Jumeirah or Jumeira Bay.
Expanding Island Choices Across the UAE:
The surge in island-themed developments is not limited to Dubai:
- Dubai Islands by Nakheel and two island hubs in Tilal Al Ghaf by Majid Al Futtaim are drawing attention. Notably, Tilal Al Ghaf has already seen record-breaking prices for its island homes.
- In Umm Al Quwain, Sobha’s Siniya Island offers villas starting at Dh10.5 million and apartments from Dh1.18 million.
- Ras Al Khaimah is also making waves with Al Marjan Island, which hosts some of the UAE’s most exciting new developments, including the Wynn hotel.
- Abu Dhabi continues to thrive with upcoming projects on two new islands near Yas and Saadiyat. Al Fahid Island and Saadiyat Island are also offering luxurious residential options, attracting investors globally.
A Renaissance in UAE Island Properties:
Industry insiders see this trend as a full-scale island renaissance in the UAE property market. Developers are focusing on creating exclusive, serene spaces.
“This project embodies our vision of creating spaces where residents can find both escape and connection—an oasis that feels exclusive and warm,” said Hussain Sajwani, founder and chairman of Damac Properties, at the Damac Islands launch.
The launch event featured high-profile celebrities like Bollywood stars Amitabh Bachchan and Ranveer Singh, boxing champion Amir Khan, and Lebanese actor Nadine Njeim, further emphasizing the project’s glamour.
Building on Success:
Damac’s success with its Lagoons project in 2021, one of the first major offplan developments post-Covid, paved the way for this new venture. The Lagoons project was a major hit, coinciding with the resurgence of Dubai’s property market.
“When you are creating a lagoon-themed development, you can then aspire for an ‘island’ project,” said a real estate consultant. “That’s what’s happening with Damac Islands. Waterfront living options in Dubai continue to see strong demand, and this demand is far from slowing down.”
Strengthening Investor Confidence:
Leading developers like Emaar and Damac continue to launch high-end projects, further boosting investor confidence in Dubai’s property market.
As Anmoll Shroff, Chairman of Elton Real Estate Development, notes:
“These premium projects will strengthen overall investor sentiment and solidify Dubai’s reputation as a global real estate hotspot.”
