Damac Islands Studio

Key facts

Status

not_started

Property types

apartment

Availability

Available

How Damac Islands Studio compares

Entry here is AED 680,000, against a median of AED 2.4M across the 21 priced projects in DAMAC Islands, the lowest entry price in the community. The plan opens at 20% down, against a Dubai median of 10%, so it asks 10% more up front than the typical plan. Damac Properties has 167 projects in our catalogue, 21 of them in DAMAC Islands.

Measured across our own catalogue of Dubai off-plan projects, refreshed with the source listings. Entry price is the lowest advertised unit price in a project, not an average transaction value.

Payment plan

Available units

Amenities

• Indoor Swimming Pool
• Landscaped Gardens
• Community Hall
• Gymnasium
• Children's Play Area
• Barbecue Area
• Security

Location

Damac Islands Studio sits in Dubai.

What you pay, and when

The payment plan published for it runs 20% on booking, 55% during construction and 25% at handover. At the AED 680,000 entry price, that is AED 136,000 to reserve a unit, AED 374,000 across the build, and AED 170,000 due on completion.

Dubai Land Department registration is charged at 4% of the purchase price on top, which is about AED 27,000 at this entry price. That 20% booking payment is not paid to Damac Properties directly: Dubai's Law 8 of 2007 requires a registered project to hold it in a RERA-supervised escrow account, drawn down against certified construction progress.

Ownership and residency

The entry price is below the AED 2,000,000 property threshold for the 10 year UAE golden visa.

Who it suits

The development is apartments in studios layouts.

What is on site

The shared facilities recorded for Damac Islands Studio start with community hall, alongside the indoor swimming pool, landscaped gardens, gymnasium, children's play area, barbecue area and security that most Dubai developments carry.

Frequently asked