Developer: Damac Properties · Damac Islands

Damac Islands – Maldives 2

Damac Islands – Maldives 2 is a residential project by Damac Properties in Damac Islands, Dubai, with handover Q4 2028, construction 14.1% complete per the DLD registry, 380 units, 389 DLD-registered sales since 2025.

HandoverQ4 2028Developer supplied
Construction14.1%DLD registry · checked 16 Jul 2026
Units380DLD registry
DLD sales389 since 2025DLD registry
Median sale priceAED 16 715/m²Our calculation

Every figure carries its origin: “DLD registry” is taken from the Dubai Land Department register, “Developer supplied” is stated by the developer, “Our calculation” is computed by us from the first two. Developer prices change without notice — confirm before you commit. Methodology

Mortgage for this project

For UAE residents the down payment starts at 20% with terms up to 25 years. Estimate your payment and purchase costs for your budget.

Calculate mortgage

Estimates only; not a bank approval.

Handover date & construction progress

14.12%
  • Construction started2025-03-23
  • HandoverQ4 2028
  • Status date16.07.2026
  • Progress between DLD inspections+8.92% (2026-03-13 → 2026-07-16)
  • Escrow bankEmirates NBD
  • DLD project number3437

Data from the Dubai Land Department project registry (updated 04.10.2026 09:55).

Construction progress 23
16 July 2026 14.12%
Damac Islands - Maldives 2, Damac Islands construction progress — 16 July 2026, 14.12% complete, photo 1 of 9Damac Islands - Maldives 2, Damac Islands construction progress — 16 July 2026, 14.12% complete, photo 2 of 9Damac Islands - Maldives 2, Damac Islands construction progress — 16 July 2026, 14.12% complete, photo 3 of 9Damac Islands - Maldives 2, Damac Islands construction progress — 16 July 2026, 14.12% complete, photo 4 of 9Damac Islands - Maldives 2, Damac Islands construction progress — 16 July 2026, 14.12% complete, photo 5 of 9Damac Islands - Maldives 2, Damac Islands construction progress — 16 July 2026, 14.12% complete, photo 6 of 9Damac Islands - Maldives 2, Damac Islands construction progress — 16 July 2026, 14.12% complete, photo 7 of 9Damac Islands - Maldives 2, Damac Islands construction progress — 16 July 2026, 14.12% complete, photo 8 of 9Damac Islands - Maldives 2, Damac Islands construction progress — 16 July 2026, 14.12% complete, photo 9 of 9

Construction photos are taken by the technical inspectors of the Dubai Land Department (DLD) and remain its property. We show compressed copies; full-resolution originals are available in the Real Estate Project Status service.

Recent transactions

DateTypeSize, m²Price, AED
24.09.2026144.02 423 000
22.09.2026144.02 200 000
09.09.2026219.73 050 000
07.09.2026144.02 300 000
29.07.2026450.05 700 000
22.06.2026144.02 423 000
12.06.2026219.63 400 026
05.05.202672.01 308 420
29.12.2025144.02 423 000
10.12.2025219.63 690 000
01.12.2025219.63 200 000
24.11.2025144.02 650 000
28.10.2025144.02 423 000
15.10.2025144.02 407 000
16.09.2025144.02 423 000
19.08.2025144.02 550 000
28.07.2025144.02 423 000
24.07.2025144.02 407 000
15.07.2025219.63 273 000
15.07.2025144.02 350 310

Dubai Land Department transaction registry, updated 2026-10-03. Explore Dubai property transactions →

Registered transactions in Damac Islands – Maldives 2

Dubai Land Department records for this building: closed transaction prices, not asking prices or estimates. Figures are medians, so a single expensive sale does not move them.

389deals since 2025
16 715AED per m², median
100%resale, the rest bought from the developer
+1%over the past year

The yearly figure compares the last 12 months with the 12 before them: calendar years would not work, the current one is unfinished. The district moved +5% over the same period, so the building lagged.

Source: Dubai Land Department transaction register. The register is updated daily; the figures here are recalculated weekly.

How much is your property in Damac Islands – Maldives 2 worth?

DLD has recorded 389 sales in this building since 2025, 389 of them resales. We compare your unit with sales of the same layout here, not with asking prices. Free, reply within 24 hours.

By submitting the form you agree to the processing of your contact details.
Damac Islands – Maldives 2

About the project

Damac Islands – Maldives 2 is a 380-unit townhouse and villa development by Damac Properties in Damac Islands, Al Yalayis 1, Dubai. The project is active, with construction progress recorded at 14.12% on 16 July 2026 and a completion date of 31 December 2028.

The project and its built form

Damac Islands – Maldives 2 forms part of Damac Islands, a masterplanned residential community in DubaiLand arranged around interconnected lagoons and water features. The project contains 380 townhouses and villas in three stated building configurations: B+G+2, G+2 and G+1. Its location is identified as Al Yalayis 1 in Dubai. The wider Damac Islands plan is organised as a collection of island-themed neighbourhoods, with residential clusters placed along water channels and landscaped edges. Maldives 2 is one of the residential projects within this lagoon-centred community.

Homes and construction specification

The development comprises 380 residential homes, consisting of townhouses and villas. The planned built forms include B+G+2, G+2 and G+1 structures, creating a mix of configurations within the project. The homes are designed with a concrete structure and block construction. Internal and external finishes are included within the stated construction specification. The project start date is 23 March 2025, and the 380-unit total applies to the full Maldives 2 development rather than to a single building.

Damac Islands community features

Damac Islands is planned around a central lagoon network for swimming and paddling, with water-based public spaces and leisure areas. The community concept includes an Aqua Dome with underwater projections and dining areas, a waterfall lagoon, an aqua park, and a jungle river with vegetation, waterfalls and rapids. Water platforms are planned for bars and event spaces, while a central hub fountain is designed to combine water, fire and laser elements. The wider plan also includes a Hot Springs Spa with cascading lagoon waterfalls and infinity pools, floating yoga decks, a calisthenics park and a multi-sport fitness park. Additional planned features include a zipline, jungle swings, a tortoise garden, parrot park, wildlife park, wedding venue and gondola-style paddling on illuminated water.

Setting and connections

Damac Islands is located within DubaiLand. The nearest identified metro access is on the Red Line, 14.3 km from the heart of the community. Global Village is 4.5 km away, while Mall of the Emirates is 14.4 km away. Dubai Marina is 17.5 km away, Business Bay is 17.8 km away and JBR Beach is 18.1 km away. The Dubai Mall is 18.8 km away, Downtown Dubai is 18.9 km away and Palm Jumeirah is 19.0 km away. Dubai International Airport is 25.6 km away, while Al Maktoum International Airport is 20.7 km away. Expo City Dubai is 17.4 km from Damac Islands.

Construction progress and completion date

Damac Islands – Maldives 2 has an active project status. Construction progress was recorded at 14.12% on 16 July 2026. The project start date is 23 March 2025, and the recorded completion date is 31 December 2028. These dates apply to the development comprising 380 townhouses and villas in Damac Islands. The project’s stated construction approach uses concrete structures and blockwork with internal and external finishes across the planned residential units.

Frequent questions

Who is the developer of Damac Islands - Maldives 2?
Damac Islands - Maldives 2 is developed by Damac Properties.
Where is Damac Islands - Maldives 2 located?
The project is located in Damac Islands, Al Yalayis 1, Dubai, within the DubaiLand area.
How many homes are in Damac Islands - Maldives 2?
The development comprises 380 townhouses and villas.
What types of homes are planned at Damac Islands - Maldives 2?
The project consists of townhouses and villas in B+G+2, G+2 and G+1 configurations.
What is the completion date for Damac Islands - Maldives 2?
The recorded completion date is 31 December 2028.
What is the construction status of Damac Islands - Maldives 2?
The project is active. Construction progress was recorded at 14.12% on 16 July 2026.
When did construction start at Damac Islands - Maldives 2?
The project start date is 23 March 2025.
What is close to Damac Islands?
Global Village is 4.5 km from Damac Islands. Mall of the Emirates is 14.4 km away, and Dubai Marina is 17.5 km away.
How can I buy an apartment in Damac Islands - Maldives 2?
Submit an enquiry via the form on this page or message us on WhatsApp — a Continental Club Property broker (RERA 31933) will help you choose a unit and send the brochure and payment plan.

Nearby projects

Get the presentation and prices

We will send floor plans, the payment plan and available units for this project.

By submitting the form you agree to the processing of your contact details.

Project data comes from the Dubai Land Department (DLD) registry.

For AI agents and researchers

Machine-readable mirrors of this page: Markdown · JSON. They carry the same figures as this page, each with its origin labelled.

How to cite:Damac Islands – Maldives 2 — Continental Club Property, from Dubai Land Department registry and developer data, 2026-10-01, https://continentalclub.ae/project/damac-islands-maldives-2-damac-islands/