Developer: Damac Properties · Damac Islands

Damac Islands – Maldives 5

Damac Islands – Maldives 5 is a residential project by Damac Properties in Damac Islands, Dubai, with handover Q4 2028, construction 2.6% complete per the DLD registry, 155 units, 152 DLD-registered sales since 2025.

HandoverQ4 2028Developer supplied
Construction2.6%DLD registry · checked 1 May 2026
Units155DLD registry
DLD sales152 since 2025DLD registry
Median sale priceAED 15 816/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

2.61%
  • Construction started2025-04-21
  • HandoverQ4 2028
  • Status date01.05.2026
  • Progress between DLD inspections+2.07% (2025-07-21 → 2026-05-01)
  • Escrow bankEmirates NBD
  • DLD project number3502

Data from the Dubai Land Department project registry (updated 06.10.2026 09:55).

Construction progress 9
1 May 2026 2.61%
Damac Islands - Maldives 5, Damac Islands construction progress — 1 May 2026, 2.61% complete, photo 1 of 3Damac Islands - Maldives 5, Damac Islands construction progress — 1 May 2026, 2.61% complete, photo 2 of 3Damac Islands - Maldives 5, Damac Islands construction progress — 1 May 2026, 2.61% complete, photo 3 of 3

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
28.09.2026219.73 050 000
18.09.2026144.02 125 000
01.09.2026231.94 044 480
24.08.2026231.94 287 000
24.08.2026144.32 735 920
23.07.2026455.27 033 000
19.06.2026144.32 767 010
09.06.2026225.14 185 000
01.06.2026225.14 259 000
01.06.2026144.33 109 000
01.05.2026144.33 046 820
23.03.2026144.02 850 000
17.02.2026144.02 680 000
13.02.2026144.02 650 000
20.01.2026483.17 320 000
06.11.2025144.02 475 000
27.10.2025144.02 893 708
07.08.2025144.02 795 190
06.08.2025144.02 672 120
04.08.2025476.96 401 000

Dubai Land Department transaction registry, updated 2026-10-05. Explore Dubai property transactions →

Registered transactions in Damac Islands – Maldives 5

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.

152deals since 2025
15 816AED per m², median
100%resale, the rest bought from the developer
+18%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 grew faster.

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 5 worth?

DLD has recorded 152 sales in this building since 2025, 152 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 5

About the project

Damac Islands – Maldives 5 is a 155-home residential development of townhouses and villas by Damac Properties in Damac Islands, within Al Yalayis 1, Dubai. The project is active and was 2.61% complete on 1 May 2026. Its scheduled completion date is 31 December 2028.

The development

Damac Islands – Maldives 5 contains 155 townhouses and villas in Al Yalayis 1, Dubai. The development includes homes in B+G+2, G+2 and G+1 configurations, providing a mix of multi-level residential formats within the same project. Construction began on 21 April 2025, and the project has a scheduled completion date of 31 December 2028. Damac Properties is the developer of Damac Islands – Maldives 5. The project sits within Damac Islands, a master-planned residential community in DubaiLand organised around lagoons, water features and themed neighbourhoods.

Homes and construction

The residences at Damac Islands – Maldives 5 are townhouses and villas. The project’s building formats comprise B+G+2, G+2 and G+1 homes. The units are designed with a concrete structure and blockwork, together with internal and external finishes. Across the development, the 155 homes form a low-rise residential collection rather than a high-rise apartment scheme. The wider Damac Islands plan centres villas and townhouses along lagoon channels and landscaped edges, with open-plan living, private terraces and floor-to-ceiling windows forming part of the community design approach.

Damac Islands community setting

Damac Islands is a DubaiLand community designed around interconnected lagoons running through its centre. Its themed neighbourhoods take their identities from tropical destinations including the Maldives, Bora Bora, Seychelles, Hawaii, Bali and Fiji. The master plan combines detached and attached homes with water channels and landscaped edges. Waterfront-oriented homes, private terraces and views towards water and landscaping are central elements of the community layout. The community also incorporates public spaces around the lagoon system, including water platforms and floating areas intended for social events and leisure uses. Fiji, Hawaii and Bali are among the themed neighbourhoods within the wider Damac Islands development.

Water, leisure and outdoor facilities

The Damac Islands community plan includes a lagoon system for swimming and paddling, alongside water-focused leisure spaces. Planned features 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 concept also includes a Hot Springs Spa with cascading lagoon waterfalls and infinity pools, plus floating yoga decks and outdoor relaxation areas. Adventure and fitness facilities in the plan include a zipline, jungle swings, a calisthenics park and a multi-sport fitness park. Other planned elements include a central fountain combining water, fire and laser features, a wedding venue by the lagoon, and gondola-style paddling with LED illumination.

Location and nearby destinations

Damac Islands is located in DubaiLand, with Damac Islands – Maldives 5 in Al Yalayis 1. Global Village is 4.5 km from the community. Mall of the Emirates is 14.4 km away, while Dubai Marina is 17.5 km away, Expo City Dubai is 17.4 km away and Business Bay is 17.8 km away. JBR Beach is 18.1 km away, The Dubai Mall is 18.8 km away and Burj Khalifa/Downtown Dubai is 18.9 km away. Dubai International Airport is 25.6 km away and Al Maktoum International Airport is 20.7 km away. The nearest Red Line Metro access point is 14.3 km from Damac Islands.

Construction status and completion

Damac Islands – Maldives 5 is active. Construction started on 21 April 2025. The recorded completion ratio was 2.61% on the inspection date of 1 May 2026. The scheduled completion date is 31 December 2028. The development comprises 155 homes, all configured as townhouses or villas in B+G+2, G+2 and G+1 building forms. Damac Properties is responsible for the project, which forms part of the wider Damac Islands residential community in DubaiLand.

Frequent questions

Who is the developer of Damac Islands - Maldives 5?
Damac Islands - Maldives 5 is developed by Damac Properties.
Where is Damac Islands - Maldives 5 located?
The project is in Damac Islands, within Al Yalayis 1, Dubai. Damac Islands is a master-planned community in DubaiLand.
What types of homes are available at Damac Islands - Maldives 5?
The development consists of townhouses and villas. Its homes are configured in B+G+2, G+2 and G+1 formats.
How many homes are in Damac Islands - Maldives 5?
Damac Islands - Maldives 5 comprises 155 townhouses and villas.
When is Damac Islands - Maldives 5 scheduled for completion?
The scheduled completion date is 31 December 2028.
What is the construction status of Damac Islands - Maldives 5?
The project is active. Its completion ratio was 2.61% on 1 May 2026.
When did construction start at Damac Islands - Maldives 5?
Construction started on 21 April 2025.
What is nearby Damac Islands - Maldives 5?
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 5?
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 5 — Continental Club Property, from Dubai Land Department registry and developer data, 2026-10-01, https://continentalclub.ae/project/damac-islands-maldives-5-damac-islands/