Dreamy Draw is a significant flood risk reduction structure located in Phoenix, Arizona. Built in 1973, this earth dam stands at a height of 41.6 feet and spans 455 feet in length, with a maximum storage capacity of 770 acre-feet. The dam's primary purpose is flood risk reduction for the surrounding area, with a drainage area of 1.3 square miles and a maximum discharge capacity of 5900 cubic feet per second.

Managed by the Arizona Department of Water Resources, Dreamy Draw has been inspected regularly to ensure its structural integrity. With a high hazard potential but a satisfactory condition assessment as of March 2018, the dam plays a crucial role in protecting the community from potential flooding events. Despite its risk level being classified as moderate, the dam has proven to be an essential infrastructure for water resource and climate management in Maricopa County, Arizona.