Developer: Damac Properties · Damac Islands

Damac Islands – Maldives 3

Damac Islands – Maldives 3 is a residential project by Damac Properties in Damac Islands, Dubai, with handover Q4 2028, construction 12.1% complete per the DLD registry, 313 units, 326 DLD-registered sales since 2025.

HandoverQ4 2028Developer supplied
Construction12.1%DLD registry · checked 15 Jul 2026
Units313DLD registry
DLD sales326 since 2025DLD registry
Median sale priceAED 16 713/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

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Handover date & construction progress

12.09%
  • Construction started2025-03-23
  • HandoverQ4 2028
  • Status date15.07.2026
  • Progress between DLD inspections+6.94% (2026-03-13 → 2026-07-15)
  • Escrow bankEmirates NBD
  • DLD project number3438

Data from the Dubai Land Department project registry (updated 05.10.2026 09:55).

Construction progress 25
15 July 2026 12.09%
Damac Islands - Maldives 3, Damac Islands construction progress — 15 July 2026, 12.09% complete, photo 1 of 11Damac Islands - Maldives 3, Damac Islands construction progress — 15 July 2026, 12.09% complete, photo 2 of 11Damac Islands - Maldives 3, Damac Islands construction progress — 15 July 2026, 12.09% complete, photo 3 of 11Damac Islands - Maldives 3, Damac Islands construction progress — 15 July 2026, 12.09% complete, photo 4 of 11Damac Islands - Maldives 3, Damac Islands construction progress — 15 July 2026, 12.09% complete, photo 5 of 11Damac Islands - Maldives 3, Damac Islands construction progress — 15 July 2026, 12.09% complete, photo 6 of 11Damac Islands - Maldives 3, Damac Islands construction progress — 15 July 2026, 12.09% complete, photo 7 of 11Damac Islands - Maldives 3, Damac Islands construction progress — 15 July 2026, 12.09% complete, photo 8 of 11Damac Islands - Maldives 3, Damac Islands construction progress — 15 July 2026, 12.09% complete, photo 9 of 11Damac Islands - Maldives 3, Damac Islands construction progress — 15 July 2026, 12.09% complete, photo 10 of 11Damac Islands - Maldives 3, Damac Islands construction progress — 15 July 2026, 12.09% complete, photo 11 of 11

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
30.09.2026144.02 100 000
22.09.2026219.63 596 560
10.08.2026144.02 350 000
10.08.2026144.02 423 000
03.08.2026219.63 678 300
31.07.2026144.02 365 000
20.07.2026144.02 700 384
10.07.2026144.02 423 000
02.07.2026219.63 698 735
19.05.2026144.12 725 000
11.05.2026144.02 700 000
07.05.202672.01 211 500
17.02.2026229.63 512 000
22.12.2025221.13 400 000
26.11.2025144.02 570 000
13.11.2025144.02 660 000
24.10.2025144.02 726 560
24.10.2025144.02 726 560
20.10.2025100.81 785 067
26.09.202572.01 000 000

Dubai Land Department transaction registry, updated 2026-10-04. Explore Dubai property transactions →

Registered transactions in Damac Islands – Maldives 3

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.

326deals since 2025
16 713AED 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 3 worth?

DLD has recorded 326 sales in this building since 2025, 326 of them resales. We compare your unit with sales of the same layout here, not with asking prices. Free, reply within 24 hours.

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Damac Islands – Maldives 3

About the project

Damac Islands – Maldives 3 is a 313-home townhouse and villa project by Damac Properties in Damac Islands, located in Al Yalayis 1, Dubai. The development comprises B+G+2, G+2 and G+1 homes. It is active, with a reported construction completion ratio of 12.09% at the inspection dated 15 July 2026 and a completion date of 31 December 2028.

The project at a glance

Damac Islands – Maldives 3 has project number 3438 and forms part of Damac Islands, an island-themed residential community within DubaiLand. The project has a recorded total area of 77,550.54 and contains 313 residential units. Its building programme consists of townhouses and villas in three formats: basement plus ground plus two floors, ground plus two floors, and ground plus one floor. The project start date is 23 March 2025, while the recorded completion date is 31 December 2028. The homes are specified with concrete structures, blockwork, and internal and external finishes.

Homes and building formats

The 313 homes at Damac Islands – Maldives 3 are townhouses and villas rather than apartments. The registered project description identifies B+G+2, G+2 and G+1 building configurations, creating a mix of multi-level home formats within the development. The construction specification covers concrete structures and blockwork, followed by internal and external finishes. Damac Islands is planned with villas and townhouses arranged along water channels and landscaped edges. The wider community design places residential clusters around interconnected lagoons, with layouts that emphasise open-plan living, private terraces and floor-to-ceiling windows for water and landscape views.

Damac Islands setting

Damac Islands is a masterplanned community in DubaiLand structured around a central network of lagoons and water features. Its neighbourhoods use tropical destination themes, including the Maldives, Bora Bora, Seychelles, Hawaii, Bali and Fiji. Water channels and landscaped edges are integral to the community layout, and the masterplan includes detached and attached homes. The wider development is designed with public spaces alongside its lagoon network, including water platforms and floating spaces intended for social events and leisure uses. Maldives 3 sits within this larger island-themed setting in Al Yalayis 1.

Planned community leisure facilities

The wider Damac Islands concept includes a lagoon system for swimming and paddling, together with water-focused attractions. Planned elements include an Aqua Dome with underwater projections and dining areas, a waterfall lagoon, an aqua park, and a jungle river with vegetation, waterfalls and rapids. The community plan also includes a central hub fountain combining water, fire and laser elements. Wellness facilities in the masterplan include the Hot Springs Spa, cascading lagoon waterfalls, infinity pools and floating yoga decks. Other planned features include a zipline, jungle swings, a calisthenics park, a multi-sport fitness park, a tortoise garden, parrot park, wildlife park, wedding venue and gondola-style paddling on illuminated water.

Connections from Damac Islands

Damac Islands is located within DubaiLand. Global Village is recorded at 4.5 km from the heart of the community. Recorded distances include 14.4 km to Mall of the Emirates, 17.4 km to Expo City Dubai, 17.5 km to Dubai Marina, 17.8 km to Business Bay, 18.1 km to JBR Beach, 18.8 km to The Dubai Mall and 18.9 km to Burj Khalifa and Downtown Dubai. Palm Jumeirah is recorded at 19.0 km, Dubai International Financial Centre at 20.4 km, Al Maktoum International Airport at 20.7 km, and Dubai International Airport at 25.6 km. The nearest recorded Dubai Metro access is on the Red Line at station R73, 14.3 km from the community’s heart.

Construction progress and completion

Damac Islands – Maldives 3 is listed as active. The reported completion ratio is 12.09%, based on an inspection dated 15 July 2026. The project start date is recorded as 23 March 2025, and the completion date is 31 December 2028. The development’s project number is 3438. The same project programme covers 313 townhouses and villas across B+G+2, G+2 and G+1 formats. These dates and the reported completion ratio identify the project’s recorded development stage.

The developer

Damac Properties is the developer of Damac Islands – Maldives 3. The company is named as the developer for project number 3438, which is located in Damac Islands. The project’s recorded scope consists of 313 villas and townhouses in Al Yalayis 1, Dubai. Its planned completion date is 31 December 2028. Damac Properties is also associated with the Damac Islands masterplanned community, which is arranged around lagoons, water features, themed neighbourhoods and landscaped residential edges.

Frequent questions

Who is the developer of Damac Islands - Maldives 3?
Damac Islands - Maldives 3 is developed by Damac Properties.
Where is Damac Islands - Maldives 3 located?
The project is located in Damac Islands, within the DubaiLand area, in Al Yalayis 1, Dubai.
What types of homes are planned at Damac Islands - Maldives 3?
The project consists of townhouses and villas in B+G+2, G+2 and G+1 building formats.
How many homes are in Damac Islands - Maldives 3?
The project contains 313 residential units.
What is the completion status of Damac Islands - Maldives 3?
The project is active and had a reported completion ratio of 12.09% at the inspection dated 15 July 2026.
When is Damac Islands - Maldives 3 scheduled for completion?
The recorded completion date is 31 December 2028.
When did construction start at Damac Islands - Maldives 3?
The recorded project start date is 23 March 2025.
What is near Damac Islands - Maldives 3?
Global Village is recorded at 4.5 km from the heart of Damac Islands. Mall of the Emirates is recorded at 14.4 km, while Dubai Marina is recorded at 17.5 km.
How can I buy an apartment in Damac Islands - Maldives 3?
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.

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

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How to cite:Damac Islands – Maldives 3 — Continental Club Property, from Dubai Land Department registry and developer data, 2026-10-01, https://continentalclub.ae/project/damac-islands-maldives-3-damac-islands/