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Maldives 1 is an under-construction land development by DAMAC ELITE INVESTMENT CO. L.L.C in DAMAC Islands, Al Yelayiss 1, comprising 397 registered villas. 378 sales are registered with the Dubai Land Department, at a current PIX© price of AED 1,503 per sqft. At AED 1,503 per sqft, Maldives 1 prices 15% below the DAMAC Islands average of AED 1,778 per sqft on registered sales.
Units
Every unit type registered in this project. PIX© values are EMA-weighted current figures from registered records. Select a row for detail.
| Type | Units | PIX© Price | PIX© PSF | PSF YoY | Trend |
|---|---|---|---|---|---|
PIX© Core Project-Wide 1,550 – 3,073 sqft | 397 | 2.61M | 1,503 | ↓2.5% | |
| Residential | |||||
4 Bed · Villa 1,550 – 1,770 sqft | 260 | ||||
5 Bed · Villa 2,363 – 3,073 sqft | 137 | ||||
| Land | |||||
Land 1,550 – 2,781 sqft | — | ||||
| Date | Unit | Size | Price | PSF | vs Prior Sale | Tier | Type |
|---|---|---|---|---|---|---|---|
| 7 Aug 2026 | 4 Bed | 1,550 | 2,424,000 | 1,564 | 0.0% | Standard | Payment Plan Sale |
| 6 Aug 2026 | 4 Bed | 1,552 | 2,100,000 | 1,353 | -13.4% | Entry Level | Payment Plan Sale |
| 16 Jul 2026 | 4 Bed | 1,550 | 2,400,000 | 1,548 | +2.1% | Entry Level | Payment Plan Sale |
Comparables
How this project prices against its peers, ranked by PIX© price per square foot.
Comparable projects in DAMAC Islands
The closest-priced registered projects in DAMAC Islands.
- Bora Bora 2AED 1,509/sqft
- Bali 1AED 1,477/sqft
- Fiji 1AED 1,531/sqft
- Fiji 2AED 1,473/sqft
- Maldives 3AED 1,555/sqft
- Bora Bora 3AED 1,561/sqft
Common questions about Maldives 1
Answered from Dubai Land Department registered transactions.
How much does a property in Maldives 1 cost?
Property in Maldives 1 sells at a current PIX© price of AED 1,503 per sqft, or about AED 2,607,946 for a typical unit, based on 378 sales registered with the Dubai Land Department.
When is Maldives 1 handing over?
Maldives 1 is under construction, due q4 2028.
Who is the developer of Maldives 1?
Maldives 1 is developed by DAMAC ELITE INVESTMENT CO. L.L.C, the developer recorded against the project in the Dubai Land Department register.
How many villas are in Maldives 1?
Maldives 1 holds 397 registered villas, per the Dubai Land Department unit register.
Have prices in Maldives 1 gone up or down?
Price per sqft has fallen -2.5% over the last 12 months, to AED 1,503, across 378 registered sales.