Maldives 2 at DAMAC Islands: Townhouses and Villas from AED 2.4 Million
What the Project Is
Maldives 2 is a residential development by Damac Properties, situated within the Maldives cluster of DAMAC Islands in Dubai. The project brings together four-bedroom and five-bedroom townhouses alongside six-bedroom and seven-bedroom villas, covering a broad range of family-sized options within a single community.
Construction started in March 2025. Completion is scheduled for December 31, 2028.
The Price Range: AED 2.4 Million to AED 13.6 Million
The range here reflects a genuine product split rather than variation within one property type. Four distinct unit configurations are available, and the spread tells you something specific about who this project is for.
The four-bedroom townhouse starts at AED 2.4 million. The five-bedroom townhouse begins at AED 3.1 million. Both suit families who need significant space and a community setting but are not in the market for a standalone villa.
The six-bedroom villa starts at AED 6.3 million. The seven-bedroom villa starts at AED 13.6 million. Buyers at this level want scale, privacy, and a living footprint that competes with the upper tier of Dubai's villa market.
The step from a five-bedroom townhouse at AED 3.1M to a six-bedroom villa at AED 6.3M is more than adding a bedroom. It means a private plot instead of a shared-wall structure, a different maintenance profile, and a different resale profile. A buyer choosing between the two is making a category decision, not just a size decision.
Location: Inside DAMAC Islands
DAMAC Islands is a master-planned community in Dubai. Maldives 2 sits within its Maldives cluster, one of several residential groupings inside the broader development.
Living here means choosing a self-contained community over a high-connectivity urban location. The development provides its own amenities and services, reducing dependence on surrounding infrastructure for day-to-day needs. For families who prioritise a managed residential environment over proximity to city-centre hubs, this is the defining characteristic of the location. For buyers whose work ties them regularly to Downtown, Business Bay, or Dubai Marina, the commute from DAMAC Islands is the main practical factor to weigh.
What the Amenities Say About the Project
| Category | Facilities |
|---|---|
| Recreation | Indoor Swimming Pool, Gymnasium |
| Outdoor | Landscaped Gardens, Children's Play Area |
| Dining | Restaurants |
| Security | CCTV Security |
Six amenities in total. The indoor swimming pool stands out in a townhouse and villa product, where residents will have private outdoor space. It adds a communal recreational option that goes beyond what private gardens provide.
The gymnasium and on-site restaurants reduce the reasons to leave the community for routine needs. The children's play area is the clearest indicator of who Damac is building this for: families who intend to live here long-term, not investors rotating through short-term holds. The overall amenity set is functional rather than extravagant, which is consistent with a project positioned around family living.
A Late 2028 Handover: What It Means Off-Plan
Construction started in March 2025, with the expected completion date set for December 31, 2028. That is roughly three and a half years from launch to handover.
For an off-plan buyer entering now, this means committing capital through an extended build period before occupancy is possible. The construction-linked payment structure, with 55% spread across build milestones, reduces the upfront concentration of outflows. The December 2028 handover is the earliest point at which owner-occupancy or rental use can begin.
Getting In: A 20% Entry Point
| Payment Stage | Percentage |
|---|---|
| Down payment | 20% |
| During construction | 55% |
| At handover | 25% |
Entry requires 20% down. The remaining purchase price splits into a 55% construction-linked tranche paid in milestones over the build period, and a 25% payment due at handover in December 2028.
This structure spreads the bulk of the cost across the construction window rather than concentrating it upfront. The final payment at handover closes out the purchase at the point the keys are ready.