{
    "entity_type": "real_estate_project",
    "name": "Damac Islands &#8211; Seychelles 1",
    "url": "https://continentalclub.ae/project/damac-islands-seychelles-1-damac-islands/",
    "language": "en",
    "developer": {
        "name": "Damac Properties",
        "url": "https://continentalclub.ae/developers/damac-properties/",
        "registry_name": "Damac Elite Investment Co"
    },
    "location": {
        "community": "Damac Islands",
        "url": "https://continentalclub.ae/location/damac-islands/",
        "city": "Dubai",
        "country": "AE"
    },
    "dld": {
        "project_number": "3698",
        "status": "",
        "completion_percent": 2.49,
        "inspection_date": "2026-05-01",
        "escrow_bank": "Emirates NBD",
        "units_in_registry": 204,
        "inspections": [
            {
                "date": "2025-04-21",
                "completion_percent": 0
            },
            {
                "date": "2025-11-04",
                "completion_percent": 0.44
            },
            {
                "date": "2026-05-01",
                "completion_percent": 2.49
            }
        ],
        "pace": {
            "percent_per_month": 0.35,
            "basis_from": "2025-11-04",
            "basis_to": "2026-05-01",
            "projected_completion": "2049-07-05",
            "origin": "calculation"
        }
    },
    "commercial": {
        "starting_price_aed": null,
        "price_origin": "",
        "currency": "AED",
        "units": 204,
        "handover": "Q2 2029",
        "handover_from": "developer",
        "handover_registry": "",
        "stage": "",
        "payment_plan": "",
        "down_payment_pct": null,
        "service_charge_aed_sqft": null
    },
    "unit_types": null,
    "dld_sales": {
        "deals": 204,
        "first_year": 2025,
        "last_year": 2026,
        "median_aed_sqm": 17299,
        "resale_share_pct": 100,
        "yoy_change_pct": 0,
        "deals_last_12m": 10,
        "gross_yield_pct": null,
        "bulk_registration": null,
        "by_bedrooms": [],
        "scope": "all registered sales (DLD open data), medians over the whole period"
    },
    "dld_history": {
        "scope": "all registered sales and rental contracts of this DLD project number, grouped by calendar quarter and year; medians (upper median), AED; medians shown only where a period has 3+ records",
        "generated": "2026-10-22",
        "sales": {
            "records": 204,
            "first_date": "2025-06-13",
            "last_date": "2026-09-24",
            "last_12m": {
                "n": 10,
                "median_price_aed": 2829000,
                "median_aed_sqm": 17299,
                "median_aed_sqft": 1607,
                "resale_share_pct": 100
            },
            "previous_12m": {
                "n": 194,
                "median_price_aed": 2491000,
                "median_aed_sqm": 17299,
                "median_aed_sqft": 1607,
                "resale_share_pct": 100
            },
            "change_aed_sqm_last_12m_vs_previous_pct": 0,
            "by_year": [
                {"period":"2025","n":202,"median_price_aed":2491000,"median_aed_sqm":17299,"median_aed_sqft":1607,"resale_share_pct":100},
                {"period":"2026","n":2,"median_price_aed":null,"median_aed_sqm":null,"median_aed_sqft":null,"resale_share_pct":null}
            ],
            "by_quarter": [
                {"period":"2025-Q2","n":40,"median_price_aed":2491000,"median_aed_sqm":17299,"median_aed_sqft":1607,"resale_share_pct":100},
                {"period":"2025-Q3","n":142,"median_price_aed":2491000,"median_aed_sqm":17299,"median_aed_sqft":1607,"resale_share_pct":100},
                {"period":"2025-Q4","n":20,"median_price_aed":3412000,"median_aed_sqm":17299,"median_aed_sqft":1607,"resale_share_pct":100},
                {"period":"2026-Q2","n":1,"median_price_aed":null,"median_aed_sqm":null,"median_aed_sqft":null,"resale_share_pct":null},
                {"period":"2026-Q3","n":1,"median_price_aed":null,"median_aed_sqm":null,"median_aed_sqft":null,"resale_share_pct":null}
            ],
            "corridor": "price per m2 between 3,000 and 200,000 AED"
        },
        "rent": {
            "records": 0,
            "first_date": null,
            "last_date": null,
            "last_12m": null,
            "previous_12m": null,
            "by_year": [],
            "by_quarter": [],
            "corridor": "annual rent per m2 between 50 and 20,000 AED"
        },
        "recent_sales": [
            {"date":"2026-09-24","type":"","bedrooms":null,"area_sqm":144,"price_aed":1170810,"aed_per_sqm":8131,"market":"resale"},
            {"date":"2026-04-20","type":"","bedrooms":null,"area_sqm":144,"price_aed":2942000,"aed_per_sqm":20431,"market":"resale"},
            {"date":"2025-12-17","type":"","bedrooms":null,"area_sqm":219.6,"price_aed":3556000,"aed_per_sqm":16193,"market":"resale"},
            {"date":"2025-12-08","type":"","bedrooms":null,"area_sqm":226.8,"price_aed":3412000,"aed_per_sqm":15042,"market":"resale"},
            {"date":"2025-11-19","type":"","bedrooms":null,"area_sqm":144,"price_aed":2491000,"aed_per_sqm":17299,"market":"resale"},
            {"date":"2025-11-11","type":"","bedrooms":null,"area_sqm":144,"price_aed":2829000,"aed_per_sqm":19646,"market":"resale"},
            {"date":"2025-11-11","type":"","bedrooms":null,"area_sqm":144,"price_aed":2615000,"aed_per_sqm":18160,"market":"resale"},
            {"date":"2025-11-10","type":"","bedrooms":null,"area_sqm":219.6,"price_aed":4011000,"aed_per_sqm":18265,"market":"resale"},
            {"date":"2025-10-30","type":"","bedrooms":null,"area_sqm":144,"price_aed":2491000,"aed_per_sqm":17299,"market":"resale"},
            {"date":"2025-10-30","type":"","bedrooms":null,"area_sqm":144,"price_aed":2491000,"aed_per_sqm":17297,"market":"resale"},
            {"date":"2025-10-21","type":"","bedrooms":null,"area_sqm":228.8,"price_aed":4374000,"aed_per_sqm":19121,"market":"resale"},
            {"date":"2025-10-20","type":"","bedrooms":null,"area_sqm":228.8,"price_aed":4444000,"aed_per_sqm":19427,"market":"resale"},
            {"date":"2025-10-16","type":"","bedrooms":null,"area_sqm":144,"price_aed":2491000,"aed_per_sqm":17299,"market":"resale"},
            {"date":"2025-10-14","type":"","bedrooms":null,"area_sqm":219.6,"price_aed":3820000,"aed_per_sqm":17395,"market":"resale"},
            {"date":"2025-10-10","type":"","bedrooms":null,"area_sqm":144,"price_aed":2491000,"aed_per_sqm":17299,"market":"resale"},
            {"date":"2025-10-10","type":"","bedrooms":null,"area_sqm":228.8,"price_aed":4593000,"aed_per_sqm":20079,"market":"resale"},
            {"date":"2025-10-09","type":"","bedrooms":null,"area_sqm":144,"price_aed":2615000,"aed_per_sqm":18160,"market":"resale"},
            {"date":"2025-10-09","type":"","bedrooms":null,"area_sqm":144,"price_aed":2491000,"aed_per_sqm":17299,"market":"resale"},
            {"date":"2025-10-06","type":"","bedrooms":null,"area_sqm":228.8,"price_aed":4374000,"aed_per_sqm":19121,"market":"resale"},
            {"date":"2025-10-06","type":"","bedrooms":null,"area_sqm":219.6,"price_aed":3556000,"aed_per_sqm":16193,"market":"resale"}
        ],
        "recent_rents": [],
        "recent_note": "latest registered transactions, anonymised: date, type, size, price only",
        "source": "Dubai Land Department open data (sales transactions; Ejari rental contracts)"
    },
    "sources": {
        "construction": "Dubai Land Department (Mashrooi project register)",
        "handover": "Developer",
        "price": "Developer",
        "payment_plan": "Developer",
        "dld_sales": "Dubai Land Department open data (registered sales transactions)",
        "dld_history": "Dubai Land Department open data (sales transactions and Ejari rental contracts); medians computed by Continental Club Property",
        "origin_labels": "https://continentalclub.ae/methodology/#provenance"
    },
    "license": "CC BY 4.0",
    "attribution": "Continental Club Property, based on Dubai Land Department registry and developer data",
    "markdown": "https://continentalclub.ae/project/damac-islands-seychelles-1-damac-islands.md",
    "updated_at": "2026-10-17",
    "translations": {
        "en": "https://continentalclub.ae/project/damac-islands-seychelles-1-damac-islands/",
        "ru": "https://continentalclub.ae/ru/project/damac-islands-seychelles-1-damac-islands-ru/"
    }
}