Developer: Damac Elite Investment Co · Damac Islands
Damac Islands – Maldives 5 is a residential project by Damac Properties in Damac Islands, Dubai, with handover 31.12.2028, construction 2.6% complete per the DLD registry.
All Dubai projects handing over in 2028 →
Data from the Dubai Land Department project registry (updated 27.08.2026 09:55).
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.
All Dubai construction in the DLD register · Developer: Damac Properties · District: Damac Islands
| Date | Type | Size, m² | Price, AED |
|---|---|---|---|
| 24.08.2026 | 231.9 | 4 287 000 | |
| 24.08.2026 | 144.3 | 2 735 920 | |
| 23.07.2026 | 455.2 | 7 033 000 | |
| 19.06.2026 | 144.3 | 2 767 010 | |
| 09.06.2026 | 225.1 | 4 185 000 | |
| 01.06.2026 | 144.3 | 3 109 000 | |
| 01.06.2026 | 225.1 | 4 259 000 | |
| 01.05.2026 | 144.3 | 3 046 820 | |
| 23.03.2026 | 144.0 | 2 850 000 | |
| 17.02.2026 | 144.0 | 2 680 000 | |
| 13.02.2026 | 144.0 | 2 650 000 | |
| 20.01.2026 | 483.1 | 7 320 000 | |
| 06.11.2025 | 144.0 | 2 475 000 | |
| 27.10.2025 | 144.0 | 2 893 708 | |
| 07.08.2025 | 144.0 | 2 795 190 | |
| 06.08.2025 | 144.0 | 2 672 120 | |
| 04.08.2025 | 476.9 | 6 401 000 | |
| 28.07.2025 | 450.0 | 6 313 000 | |
| 24.07.2025 | 144.0 | 2 423 000 | |
| 22.07.2025 | 455.1 | 6 139 130 |
Dubai Land Department transaction registry, updated 2026-08-26. Explore Dubai property transactions →
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.
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.
Damac Islands – Maldives 5 is a 155-home residential development of townhouses and villas by Damac Elite Investment Co 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.
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 Elite Investment Co 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.
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 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.
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.
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.
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 Elite Investment Co is responsible for the project, which forms part of the wider Damac Islands residential community in DubaiLand.
Dubai market as a whole: prices, transactions and trends (DLD data) →
We will send floor plans, the payment plan and available units for this project.
Project data comes from the Dubai Land Department (DLD) registry.
