PropertyIndex

Maldives 2

Under Construction · Due Q4 2028|379 villas

Alerts: Get notified of every new DLD-registered sale and rental contract.

Maldives 2 is an under-construction land development by DAMAC ELITE INVESTMENT CO. L.L.C in DAMAC Islands, Al Yelayiss 1, comprising 379 registered villas. 378 sales are registered with the Dubai Land Department, at a current PIX© price of AED 1,286 per sqft. At AED 1,286 per sqft, Maldives 2 prices 28% below the DAMAC Islands average of AED 1,778 per sqft on registered sales.

PIX© price · 16.1% YoY
2.74MAED
Typical
1,286AED
PSF
Gross yield
Awaiting handover
PIX© rent ÷ PIX© price
Sale records
378
DLD · all time
Rent contracts
Awaiting handover
Ejari · all time
Maldives 2

Units

Every unit type registered in this project. PIX© values are EMA-weighted current figures from registered records. Select a row for detail.

TypeUnitsPIX© PricePIX© PSFPSF YoY
PIX© Core
Project-Wide
1,548 – 17,204 sqft
3792.74M1,28616.1%
Residential
4 Bed · Villa
1,548 – 1,552 sqft
244
5 Bed · Villa
2,363 – 2,947 sqft
86
6 Bed · Villa
4,843 – 5,395 sqft
37
7 Bed · Villa
10,954 – 17,204 sqft
12
Villa (Bedrooms Unknown)
10,954 – 17,204 sqft
Land
Land
1,550 – 2,458 sqft
No rental contracts registered — the project has not handed over.
Sales — Project-Wide378 DLD records
PIX© price analysis
PIX©Entry
PIX©Standard
PIX©Premium
PSF YoY
3-month change
Price range
PSF range
Avg size
Cash : mortgage
Off-plan : ready
Latest transactions
DateUnitSizePricePSFvs Prior SaleTierType
29 Jul 20266 Bed4,8445,700,0001,177-9.7%StandardPayment Plan Sale
19 Jun 20264 Bed1,5502,423,0001,5630.0%StandardPayment Plan Sale
5 May 20261,5501,308,420844CompletionStandardPayment Plan Sale
Rentals — Project-Wide
PIX© rent analysis
No Ejari rental contracts. Contracts appear once handover occurs and tenancies are registered.

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.

Common questions about Maldives 2

Answered from Dubai Land Department registered transactions.

How much does a property in Maldives 2 cost?

Property in Maldives 2 sells at a current PIX© price of AED 1,286 per sqft, or about AED 2,738,808 for a typical unit, based on 378 sales registered with the Dubai Land Department.

When is Maldives 2 handing over?

Maldives 2 is under construction, due q4 2028.

Who is the developer of Maldives 2?

Maldives 2 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 2?

Maldives 2 holds 379 registered villas, per the Dubai Land Department unit register.

Have prices in Maldives 2 gone up or down?

Price per sqft has fallen -16.1% over the last 12 months, to AED 1,286, across 378 registered sales.