DAMAC Islands

MRK Real Estate Brokers was founded with a clear mission: to provide premium, transparent and results-driven real estate services across Dubai. We combine deep market expertise with genuine care for every client.

Whether you are a first-time buyer, a seasoned investor, a tenant seeking the perfect home or a landlord looking for professional property management, our dedicated team is here to deliver exceptional results.

Licensed by the Dubai Real Estate Regulatory Agency (RERA), we operate with the highest standards of professionalism and integrity, with a portfolio spanning Dubai’s most prestigious communities.

DAMAC Islands Phase 1 launched in December 2024 and sold out within 24 hours, generating AED 10.2 billion across 3,164 units. The launch set a Guinness World Record for the highest revenue from a real estate launch in a single day.

The masterplan is themed around island destinations, with townhouses from AED 2.25 million and villas reaching AED 18.9 million. The payment structure is 75/25 with a 10% booking deposit. As of June 2026 Phase 1 was in active construction with handover targeted for Q4 2028.

A sell-out of that speed tells you about launch-day demand and DAMAC's distribution reach — it does not by itself tell you about end-user demand at handover. Large-volume launches can produce concentrated resale supply when handover approaches, which is worth factoring into any exit plan.