Maldives 5

Key facts

Handover

Q4 2028

Status

Under construction

Construction progress

1%

Ownership

freehold

Property types

townhouse, villa

Availability

Available

Payment plan

Available units

Amenities

• Beach Access
• Infinity Pool
• Landscaped Gardens
• Gymnasium
• Dining in building
• Children's Play Area

Location

Maldives 5 sits in Maldives 5.

Master plan

The developer’s own site plan for Maldives 5, showing how the buildings, roads and open space sit together.

How Maldives 5 compares

Entry here is AED 2.3M, against a median of AED 2.4M across the 4 priced projects in Maldives, 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. 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.

What you pay, and when

The published payment plan is 20% on booking, 55% during construction and 25% at handover. At the AED 2,341,000 entry price, that is AED 468,000 to reserve a unit, AED 1,288,000 across the build, and AED 585,000 due on completion.

Dubai Land Department registration is charged at 4% of the purchase price on top, which is about AED 94,000 at this entry price. That 20% booking payment does not go to Damac Properties directly: under Dubai's Law 8 of 2007 a registered project holds it in a RERA-supervised escrow account, drawn down against certified construction progress.

What the entry price works out at

The cheapest unit with a published size is 2,208 square feet at AED 2,341,000, which works out at AED 1,060 per square foot. Stated sizes run from 2,208 to 17,079 square feet.

Handover and construction

Handover is scheduled for Q4 2028. Construction was last recorded at 1% complete.

Ownership and residency

Maldives 5 is a freehold development, so a buyer of any nationality can own a unit outright and hold the title deed. The entry price is at or above the AED 2,000,000 property threshold for the 10 year UAE golden visa, so the cheapest unit in the development 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. Sales have not opened yet, so the published figures are launch guidance rather than a live price list.

What is on site

Shared facilities recorded for Maldives 5 lead with beach access, infinity pool and dining in building, alongside the landscaped gardens, gymnasium and children's play area that most Dubai developments carry.

Frequently asked