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Maldives 5 is an under-construction land development by DAMAC ELITE INVESTMENT CO. L.L.C in DAMAC Islands, Al Yelayiss 1, comprising 144 registered villas. 150 sales are registered with the Dubai Land Department, at a current PIX© price of AED 1,661 per sqft. At AED 1,661 per sqft, Maldives 5 prices 7% 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 – 14,685 sqft | 144 | 4.98M | 1,661 | ↑10.1% | |
| Residential | |||||
4 Bed · Villa 1,550 – 1,554 sqft | 66 | ||||
5 Bed · Villa 2,364 – 2,496 sqft | 25 | ||||
6 Bed · Villa 4,844 – 6,923 sqft | 39 | ||||
7 Bed · Villa 10,765 – 14,685 sqft | 14 | — | — | — | — |
Villa (Bedrooms Unknown) 6,923 – 14,685 sqft | — | — | |||
| Land | |||||
Land 1,550 – 2,405 sqft | — | — | |||
| Date | Unit | Size | Price | PSF | vs Prior Sale | Tier | Type |
|---|---|---|---|---|---|---|---|
| 23 Jul 2026 | 6 Bed | 4,900 | 7,033,000 | 1,435 | 0.0% | Standard | Payment Plan Sale |
| 19 Jun 2026 | 4 Bed | 1,553 | 2,767,010 | 1,781 | — | Standard | Payment Plan Sale |
| 9 Jun 2026 | 5 Bed | 2,423 | 4,185,000 | 1,727 | — | 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.
- Damac Islands 2 - CubaAED 1,646/sqft
- Maldives 4AED 1,680/sqft
- Damac Islands 2 - Tahiti 1AED 1,689/sqft
- Damac Islands 2 - Bahamas 2AED 1,701/sqft
- Damac Islands 2 - BermudaAED 1,722/sqft
- Damac Islands 2 - Barbados 2AED 1,759/sqft
Common questions about Maldives 5
Answered from Dubai Land Department registered transactions.
How much does a property in Maldives 5 cost?
Property in Maldives 5 sells at a current PIX© price of AED 1,661 per sqft, or about AED 4,984,229 for a typical unit, based on 150 sales registered with the Dubai Land Department.
When is Maldives 5 handing over?
Maldives 5 is under construction, due q4 2028, and is 1% complete against the Dubai Land Department's reported progress.
Who is the developer of Maldives 5?
Maldives 5 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 5?
Maldives 5 holds 144 registered villas, per the Dubai Land Department unit register.
Have prices in Maldives 5 gone up or down?
Price per sqft has risen +10.1% over the last 12 months, to AED 1,661, across 150 registered sales.