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DAMAC UNVEILS TROPICAL DREAM WITH ISLANDS 2
Construction Week
|January 2026
Dubai-based private developer eyes ten-fold increase in master-planned communities over next 10 years
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Damac Properties marked the launch of its new master development, Damac Islands 2, and the inauguration of its new sales office in Egypt with a grand celebration at Cairo's Grand Egyptian Museum, an architectural and cultural marvel overlooking the Pyramids of Giza.
The glittering evening set against the backdrop of ancient history was hosted by Amira Sajwani, MD, Damac Properties, who welcomed an audience of dignitaries, global investors, media, brokers, and VIP guests from across the world.
Guests at the event were given an exclusive preview of Damac Islands 2, the latest luxury community in Dubai, inspired by eight tropical island destinations.
Amira noted: "Egyptians already rank among the top ten nationalities purchasing Damac homes. We have witnessed double-digit sales growth in this market and expect it to rise another 20% in 2026. Opening our Cairo office also brings us closer to our clients and strengthens the bridge between Cairo and Dubai, the two powerhouses of real estate investment in the Mena region."
This story is from the January 2026 edition of Construction Week.
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