DAMAC went on a launch spree this year with 7 new projects

Originally published on Oct 19, 2022 | Construction Week

DAMAC Properties is on a launch spree and it is hard to miss. To date, the developer has launched seven projects in 10 months, that’s roughly one project launched every month and a half.

With a particular focus on residential towers and communities, DAMAC’s pipeline of projects is no less than impressive. Following its announcement of accepting cryptocurrencies for property purchases, the developer is actively revolutionising the future of real estate with its projects.

Here is the full list of projects launched by DAMAC in 2022:

1. CHIC tower, Dubai Canal

DAMAC’s 41-storey tower is designed to instil wellness and healthy living in a luxurious setting. It will feature exclusive studios, 1 and 2-bedroom apartments, as well as 1-bedroom lofts with terraces.

2. Ventura Mall, DAMAC Hills community

Located in DAMAC Hills, Ventura Mall is currently 40% complete and expected to be completed in 2023. The mall will serve residents living in over 3,000 villas and townhouses.

3. Skylofts Collection

The Skylofts Collection features exclusive residential units at Safa One, DAMAC’s exclusive twin-tower development branded by luxury Swiss brand, de GRISOGONO.

4. Safa Two de GRISOGONO, Safa Park

The blended 80+floor twin-tower Safa Two will boast designs based on the prowess of de GRISOGONO’s signature styles, with an underlying scarlet theme across the property.

5. Beverly Hills Drive, DAMAC Hills

DAMAC launches a collection of high-end 6-bedroom mansions within the exclusive Trump Estates cluster in DAMAC Hills.

6. DAMAC Lagoons

A water-inspired neighbourhood to be built around large pristine water with white-sanded beaches.

7. Safa One de GRISOGONO, Safa Park

Safa One will comprise two towers featuring luxury and super-luxury floors. Spread across the towers will be gardens, an artificial beach, a swimming pool, and a kids area.