PropertyIndex

Maldives 1

Under Construction · Date not reported|397 villas

Maldives 1 is an under-construction development by DAMAC in DAMAC Islands, comprising 397 registered villas. 381 sales are registered with the Dubai Land Department, at a current PIX© price of AED 1,507 per sqft. At AED 1,507 per sqft, Maldives 1 prices 6% below the DAMAC Islands median of AED 1,603 per sqft on registered sales.

PIX© price · ↓7.0% YoY
2.59MAED
Typical
1,507AED
PSF
Gross yield
Awaiting handover
PIX© rent ÷ PIX© price
Sale records
381
DLD · all time
Rent contracts
Awaiting handover
Ejari · all time
Exclusive to PropertyIndex©

PIX© Unit History

Browse the tracked homes, or select a position in any table below, to follow one through every registered owner and tenant.

Type
Houses with a record
…
Select a unit to read its record.
Maldives 1

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
1,550 - 3,073 sqft
3972.59M1,507↓7.0%
4 Bed · Villa
1,550 sqft
3---
5 Bed · Villa
2,464 - 2,534 sqft
3---
Villa, bedrooms not recorded
1,550 - 3,073 sqft
391
No rental contracts registered - the project has not handed over.
Sales - Project-Wide381 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
DateUnit No.BedsPositionSizePricePSFvs Prior SaleTierType
13 Oct 2026—Not recordedMaldives 11,5502,330,0001,503-10.0%StandardPayment Plan Sale
8 Oct 2026—Not recordedMaldives 11,5502,230,0001,439-4.1%Entry LevelPayment Plan Sale
2 Oct 2026Not recordedMaldives 11,5522,424,0001,5620.0%StandardPayment 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 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 1,507 per sqft, or about AED 2,591,873 for a typical unit, based on 381 sales registered with the Dubai Land Department.

When is Maldives 1 handing over?

Maldives 1 is under construction in the Dubai Land Department project register. No handover date is on record.

Who is the developer of Maldives 1?

Maldives 1 is developed by DAMAC, 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 -7.0% over the last 12 months, to AED 1,507, across 381 registered sales.