DAMAC Properties

Emaar, on registered home sales: in January–September 2026 it registered 15,449 sales (10.5% of Dubai's total) against DAMAC's 11,326 (7.7%), and 13.9% of sales value against 8.1%. In off-plan alone DAMAC sold slightly more, 9,358 homes (8.7% of off-plan sales) against Emaar's 8,939 (8.3%).

Yes. DAMAC is a registered developer with 237 projects in DLD's project register (our 8 October 2026 extract), 129 of them marked finished, and eight completed in January–September 2026, most of them DAMAC Lagoons clusters. It registered 11,326 home sales in Dubai over the same nine months.

The median DAMAC home registered in January–September 2026 sold for AED 2,358,000, at AED 1,772 per sq ft, close to Dubai's AED 1,736. The ticket is high because 42.3% of its sales were villas and townhouses, mostly at DAMAC Islands 2 (40.8% of its sales) and DAMAC Lagoons (16.0%).

Yes. Foreign nationals can own freehold in Dubai's designated areas under Dubai Law No. 7 of 2006, and each Indian resident can remit up to USD 250,000 (about AED 918,125) per financial year under the RBI's Liberalised Remittance Scheme, with relatives able to combine limits for one property. DAMAC's January–September 2026 median of AED 2,358,000 plus the 4% DLD fee (AED 94,320) takes three people's annual limits. Our guide to buying from abroad covers the steps.