Maldives 3

Key facts

Handover

Q4 2028

Status

Under construction

Ownership

freehold

Property types

townhouse, villa

Availability

Sold out

How Maldives 3 compares

Entry here is AED 2.4M, against a median of AED 2.4M across the 4 priced projects in Maldives, the highest 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. Handover lands in Q4 2028, alongside 213 other projects completing in the same quarter. Damac Properties has 167 projects in our catalogue, 4 of them in Maldives.

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
• CCTV Security
• Gymnasium
• Restaurants
• Children's Play Area

Location

Maldives 3 sits in DAMAC Islands.

Master plan

The developer’s own site plan for Maldives 3, showing how the buildings, roads and open space sit together.

What you pay, and when

The launch schedule split the price 20% on booking, 55% during construction and 25% at handover. Buying now means a resale from a private owner, on whatever terms the two sides agree.

Registration with the Dubai Land Department adds 4% of the purchase price, roughly AED 95,000 at this resale 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

Maldives 3 is sold freehold, so a buyer of any nationality can own a unit outright and hold the title deed. The cheapest resale listed sits at or above the AED 2,000,000 property threshold the 10 year UAE golden visa asks for, so a resale at that price qualifies on its own.

Who it suits

The development is townhouses and villas in 4 to 7 bedroom layouts. Every layout is 4 bedrooms or more and the site has children's facilities, which is family stock rather than investor stock. The developer has sold out, so anything available here is a resale from a private owner.

What is on site

Maldives 3 records the standard Dubai block of shared facilities: indoor swimming pool, landscaped gardens, CCTV security, gymnasium, restaurants and children's play area.

Frequently asked