Seychelles

Key facts

Handover

Q2 2029

Status

Under construction

Construction progress

0%

Ownership

freehold

Property types

townhouse, villa

Availability

Available

How Seychelles compares

Entry here is AED 2.4M, against a median of AED 2.6M across the 2 priced projects in Seychelles, 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 Q2 2029, alongside 65 other projects completing in the same quarter. Damac Properties has 167 projects in our catalogue, 2 of them in Seychelles.

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

• Valet Parking
• CCTV Security
• Gymnasium
• Restaurants
• Infinity Pool
• Cycle track
• Children's Play Area
• Barbecue Area
• Shared Spa

Location

Seychelles sits in DAMAC Islands.

Master plan

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

What you pay, and when

The published payment plan is 20% on booking, 55% during construction and 25% at handover. At the AED 2,400,000 entry price, that is AED 480,000 to reserve a unit, AED 1,320,000 across the build, and AED 600,000 due on completion.

On top of the price, the Dubai Land Department charges 4% to register the sale, about AED 96,000 at this entry price. Under Dubai's Law 8 of 2007, that 20% booking payment goes into a RERA-supervised escrow account rather than to Damac Properties directly, and is 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 2,400,000, which works out at AED 1,087 per square foot. Stated sizes run from 2,208 to 4,440 square feet.

Handover and construction

Handover is due in Q2 2029. Construction was last recorded at 0% complete.

Ownership and residency

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

Who it suits

The development is townhouses and villas in 4 to 6 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

Among the shared facilities recorded for Seychelles are valet parking, infinity pool, cycle track and shared spa, alongside the CCTV security, gymnasium, restaurants, children's play area and barbecue area that most Dubai developments carry.

Frequently asked