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Maldives 3 is an under-construction land development by DAMAC ELITE INVESTMENT CO. L.L.C in DAMAC Islands, Al Yelayiss 1, comprising 313 registered villas. 321 sales are registered with the Dubai Land Department, at a current PIX© price of AED 1,509 per sqft. At AED 1,509 per sqft, Maldives 3 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 1,547 – 14,903 sqft | 313 | 3.25M | 1,509 | ↓0.8% | |
| Residential | |||||
4 Bed · Villa 1,547 – 1,623 sqft | 204 | ||||
5 Bed · Villa 2,363 – 3,641 sqft | 84 | ||||
7 Bed · Villa 10,847 – 14,903 sqft | 25 | — | — | — | — |
Villa (Bedrooms Unknown) 10,847 – 14,903 sqft | — | — | |||
| Land | |||||
Land 1,550 – 2,364 sqft | — | ||||
| Date | Unit | Size | Price | PSF | vs Prior Sale | Tier | Type |
|---|---|---|---|---|---|---|---|
| 7 Aug 2026 | — | 1,550 | 2,423,000 | 1,563 | 0.0% | Standard | Payment Plan Sale |
| 7 Aug 2026 | 4 Bed | 1,550 | 2,350,000 | 1,516 | +2.1% | Standard | Payment Plan Sale |
| 31 Jul 2026 | 5 Bed | 2,364 | 3,678,300 | 1,556 | — | Standard | 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
- Fiji 1AED 1,531/sqft
- Bali 1AED 1,477/sqft
- Fiji 2AED 1,473/sqft
- Maldives 1AED 1,549/sqft
- Bora Bora 3AED 1,561/sqft
Common questions about Maldives 3
Answered from Dubai Land Department registered transactions.
How much does a property in Maldives 3 cost?
Property in Maldives 3 sells at a current PIX© price of AED 1,509 per sqft, or about AED 3,253,579 for a typical unit, based on 321 sales registered with the Dubai Land Department.
When is Maldives 3 handing over?
Maldives 3 is under construction, due q4 2028.
Who is the developer of Maldives 3?
Maldives 3 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 3?
Maldives 3 holds 313 registered villas, per the Dubai Land Department unit register.
Have prices in Maldives 3 gone up or down?
Price per sqft has fallen -0.8% over the last 12 months, to AED 1,509, across 321 registered sales.