About this record
Legal formCompany
- Business Bay & Dubai Water CanalDeveloper of branded towers in this market under the de GRISOGONO, Cavalli or Paramount licences.
- Dubai Islands & Port RashidBuilds part of its work here through its subsidiary Damac Crest Development.
Brands on its projects
8 brands 3 open questionsabout this company
Points this record cannot yet settle, with the sources on
each side. Both readings are published rather than one being chosen quietly.
Whether the Q3 2018 this record holds is the quarter DAMAC Towers by Paramount was handed over or the quarter buyers were promised.
- The quarter it was handed overThe developer's project page states "Project handover Q3,2018" without qualification, and the towers are open.source ↗
- The quarter buyers were promisedThat figure appears inside a sales panel, immediately after the payment terms — "Payment Plan 20/80* Project handover Q3,2018" — and a payment plan states what a buyer is offered rather than what a building did. No opened page states that the towers were handed over.source ↗
Business Bay & Dubai Water Canal · Source conflict · openWhere DAMAC Chelsea Residences sits, since the developer's own launch release and the developer's own current project page place it differently.
- Central Dubai, near the Burj Khalifa, Dubai Mall and DIFCDAMAC's own launch release of 16 June 2025 describes the location in those terms and makes no mention of a waterfront.source ↗
- Dubai Maritime CityDAMAC's own current project page (opened directly, not via the domain root) states the scheme is located in the heart of Dubai Maritime City and carries over 1,400 residences; it also lists Chelsea Residences 2 by Damac in Maritime City.source ↗
Dubai Islands & Port Rashid · Location unconfirmed · openThe Versace credit on the Bondway tower rests on records and listings rather than on the developer's own material.
- The developer's own property pages for the tower return an access errorA request to the developer's United Kingdom project pages for the scheme returns HTTP 403 and the page cannot be read.source ↗
- Versace is credited on the building record and on the sales materialThe building record lists Versace as interior designer; the new-homes portal entry and a sales listing for a unit in the tower both credit Versace Home with the interiors.source ↗
Nine Elms & Vauxhall · Source not opened · open