Damac in H1 2026: AED 15.6bn of sales, first in Dubai off-plan by units and 44% of villas
Editorial
Damac sold AED 15.6 billion of property in the first half of 2026, more units than any other developer in Dubai's off-plan market, and almost half of all off-plan villas.
AED 15.6bnSales, H1 2026
5,706Transactions, H1 2026
44.2%Share of off-plan villa units sold
~20%Share of the total market, as stated
8,800Homes expected to be delivered by end of 2026
Damac is first by units and second by value. Its unit lead over the nearest competitor is about 7.3% (our calculation).
The market around it
7,730 villas
- Damac: about 3,400 (44.2%)
- All other developers: about 4,300 (55.8%)
Damac's villa units are our calculation from its stated 44.2% share of 7,730 units.
| Dubai primary off-plan market, H1 2026 | Value | Units |
|---|---|---|
| All residential | AED 92.8bn | 46,794 apartment units |
| Villas | AED 56.9bn | 7,730 |
| Damac, all | AED 15.6bn | 5,706 transactions |
Source: Technical Review Middle East, 3 August 2026, citing Dubai Land Department data.
The run-up
- Q1 2026 Damac sells 3,663 units.
- March 2026 Sales of AED 3.12bn across 1,106 transactions.
- H1 2026 AED 15.6bn across 5,706 transactions.
- By end 2026 8,800 homes due, in Damac Hills, Damac Hills 2, Damac Lagoons, Chic Tower and Elegance Tower.
Managing director Amira Sajwani said the results reflect investor confidence in Dubai's resilient property sector and that leadership by units shows the depth of demand across the portfolio. Damac says it has delivered more than 50,000 homes so far.