About DAMAC Islands - Maldives 5
DAMAC Islands - Maldives 5 is a residential building by DAMAC Properties, in Dubai. It rises 3 storeys (1 basement level, a ground floor and 2 floors), built as a concrete structure with internal and external finishes. The project comprises 155 homes.
Key information
Developer
DAMAC Properties
- Expected handover
- TBC
- Status
- Under construction
- Location
- Dubai
- Construction started
- 2025
- Number of buildings
- —
- Number of units
- 155
- Registered with DLD
- 05 Feb 2025
- Escrow bank
- Emirates NBD
- Escrow account no.
- 0205892602937
- DLD transfer fee
- 4%
Source: official Dubai Land Department project data.
Project timeline
- Construction started2025
- Under construction3% complete
- Expected handoverTBC
Construction progress
9 inspection photos from the Dubai Land Department. Latest 01 May 2026 at 3% complete.
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Amenities
Physical features recorded on the Dubai Land Department buildings register.
Covered Parking
4 Floors
Sales and prices
Recorded sales from the Dubai Land Department register, not asking prices.
Recorded sales
161
Median price
AED 3.1M
Median price / sqft
AED 1K+19%
Off-plan share
0%
Price per sqft by year
+19% since 2025AED/sqft
Recent recorded sales
| Date | Type | Size | Price | Price / sqft |
|---|---|---|---|---|
| 01 Sept 2026 | Resale | 2,496 sqft | AED 4.0M | AED 2K |
| 24 Aug 2026 | Resale | 2,496 sqft | AED 4.3M | AED 2K |
| 24 Aug 2026 | Resale | 1,553 sqft | AED 2.7M | AED 2K |
| 23 Jul 2026 | Resale | 4,900 sqft | AED 7.0M | AED 1K |
| 19 Jun 2026 | Resale | 1,553 sqft | AED 2.8M | AED 2K |
| 09 Jun 2026 | Resale | 2,423 sqft | AED 4.2M | AED 2K |
| 01 Jun 2026 | Resale | 1,554 sqft | AED 3.1M | AED 2K |
| 01 Jun 2026 | Resale | 2,423 sqft | AED 4.3M | AED 2K |
Unit mix
155 registered units, by layout and size, from the Dubai Land Department.
| Layout | Units | Size range |
|---|---|---|
| Unspecified | 11 | - |
| 4 B/R | 66 | - |
| 5 B/R | 25 | - |
| 6 B/R | 39 | - |
| 7 B/R | 14 | - |
Payment plan
Payment plans are set by DAMAC Properties and change with each release. We'll send the plan that applies to the units available now, with the milestone breakdown.
Request the payment planLocation
DAMAC Islands - Maldives 5
Dubai, United Arab Emirates
Frequently asked questions
DAMAC Islands - Maldives 5 has a planned handover of a date not yet on the register, and the latest DLD inspection puts construction at 3% complete.
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