DAMAC Properties delivers 8,800 residential units in 2026 as Dubai development pipeline expands

Summary:

DAMAC Properties has delivered 8,800 residential units in Dubai during 2026 and awarded over AED10 billion in construction contracts in the first half of the year, highlighting its commitment to project delivery. Key projects include DAMAC Hills and Elegance Tower. Despite regional tensions, the company maintains its construction momentum, focusing on quality and efficiency. Founded in 2002, DAMAC has delivered around 50,000 units and has over 54,000 homes under construction. The Dubai real estate market remains strong, driven by investor demand and government initiatives supporting property ownership.