DAMAC Opens New Cairo Sales Office at the Grand Egyptian Museum, Unveils DAMAC Islands 2

DAMAC has officially opened its new Cairo sales office at the iconic Grand Egyptian Museum, strengthening its presence in one of its fastest-growing international markets. The launch coincides with the debut of DAMAC Islands 2, following record-breaking success in 2024. With rising demand from Egyptian investors and exceptional market performance, DAMAC continues to elevate its global expansion strategy.

Key Highlights:

• Strategic Cairo Expansion: DAMAC opens a new sales office at the prestigious Grand Egyptian Museum, overlooking the Pyramids of Giza.
• Strong Egyptian Investment Demand: Egyptians rank among the top 10 nationalities investing in DAMAC homes, with double-digit sales growth.
• Forecasted Market Increase: DAMAC expects Egyptian market sales to grow by another 20% in 2026.
• Launch of DAMAC Islands 2: Guests received an exclusive preview of the new luxury island community inspired by eight tropical destinations.
• Record Performance of DAMAC Islands 1: Achieved AED 10 billion in sales within 24 hours, earning a Guinness World Record.
• Premium Event Lineup: Legendary musician Omar Khairat performed, alongside a curated stage performance by Hadi Awada.
• Dubai Market Momentum: Dubai real estate transactions grew 40% YoY in H1 2025, with DAMAC communities leading villa and townhouse sales.
• Exceptional Price Growth: Since launch, DAMAC Islands 1 townhouses increased by 86%, villas by 72%, and DAMAC Hills 2 townhouses by 60%.
• Luxurious Home Options: DAMAC Islands 2 will feature 4–6 bedroom luxury villas, twin villas, and townhouses, with starting prices from AED 2.7 million.
• Reinforcing Cairo–Dubai Synergy: The new office strengthens cross-regional investment ties between two major real estate hubs.