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Dubai · Maldives

Maldives 3 by Damac Properties

At a glance

Specifications

Address

Dubai,DAMAC Islands,Maldives,Maldives 3

Price range

AED 2,407,000

Completion

Dec 2028

Payment plan

20% / 55% / 25%

Property type

Townhouse / Villa

About this project

Maldives 3 at DAMAC Islands: Townhouses and Villas from AED 2.4 Million

Maldives 3 is the third phase in Damac Properties' Maldives cluster within DAMAC Islands, a master community in Dubai. Construction began in March 2025 with handover targeted for December 2028. The project offers 4- and 5-bedroom townhouses alongside 7-bedroom villas.

Damac Properties developed DAMAC Islands as a large-scale master community. The Maldives cluster is one of several sub-zones within it, and Maldives 3 is the third residential phase within that cluster.

Life Inside a Developing Master Community

DAMAC Islands is a tiered master plan. Maldives 3 sits within the Maldives cluster, which is one zone among several in the broader development. That hierarchy has practical implications for residents in the early years.

At the December 2028 handover, residents will have access to the amenities within the Maldives 3 cluster, but the wider retail, hospitality, and leisure infrastructure of the master plan will still be coming online. The surrounding area will remain an active construction environment beyond that date as other phases build out. The community is positioned in Dubai's inland residential areas, away from the high-density coastal zones. The project suits buyers who want space, lower density, and a gated setting rather than immediate proximity to a dense, established retail and entertainment district.

Starting at AED 2,407,000

The entry price is AED 2,407,000, corresponding to a 4-bedroom townhouse. At the 20% down payment rate, the initial cash commitment is approximately AED 481,400.

The unit range also includes 5-bedroom townhouses and 7-bedroom villas for buyers who need more space or a larger plot.

Three Configurations, Two Property Types

4-bedroom townhouses are the entry format. They suit families of four to five who want private outdoor space within a gated community.

5-bedroom townhouses add one room to the same structure. That extra bedroom typically functions as a home office, guest suite, or live-in staff accommodation, depending on the household.

7-bedroom villas are the largest option in this cluster. Seven bedrooms fits multi-generational households or large families who want distinct quarters for parents, children, and guests. The villa format provides more built area and a larger plot than the townhouse options.

Amenities

Category Amenities
Fitness and Wellness Indoor Swimming Pool, Gymnasium
Outdoor Living Landscaped Gardens, Children's Play Area
Dining Restaurants
Security CCTV Security

The indoor swimming pool is the most notable item on this list. Dubai's summer heat makes outdoor pools impractical for several months of the year; an enclosed pool gives residents a year-round usable option. The gymnasium and landscaped gardens form the standard wellness package for a gated community at this scale. On-site restaurants reduce dependency on outside dining, which carries more weight during the years when the surrounding master community is still building out its commercial infrastructure.

Construction Timeline: Handover December 2028

Construction started on 24 March 2025. Handover is expected by 31 December 2028, approximately 29 months from now.

Buyers entering now are roughly 16 months into a 45-month build cycle. The project is past its early stages but has the majority of its construction period ahead. The remaining timeline sets the schedule for construction-linked instalment payments and determines when the property is available for occupancy or rental.

Payment Plan: 20-55-25

Stage Share
Down payment 20%
During construction 55%
At handover 25%

On a AED 2,407,000 purchase, the 20% down payment amounts to AED 481,400 due at signing. The 55% construction tranche spreads across milestone payments through to late 2028. The final 25%, equating to AED 601,750, falls due at handover.

Most of the purchase price is committed before completion. Buyers pay 75% of the total across the booking and construction phases, with the remaining quarter due at the point of receiving keys.

Payment plan

Pay as construction progresses

  1. Step 0120%
    Down payment20% paid
  2. Step 0255%
    During construction75% paid
  3. Step 0325%
    On handover100% paid

Schedule totals 100% at handover. Exact dates confirmed in your Sale & Purchase Agreement (SPA).

Construction

Where the project stands

  1. Mar 2025

    Booking started
  2. Mar 2025

    Construction started
  3. Today · 10 July 2026
  4. Dec 2028

    Expected completion
Lifestyle

What's on site

Location

Where it sits

Dubai,DAMAC Islands,Maldives,Maldives 3

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FAQ

Questions buyers usually ask

Q01

What is the starting price for properties in Maldives 3?

The starting price for properties in Maldives 3 is AED 2,407,000. This price reflects the premium nature of the townhouses and villas developed by Damac Properties, making it an attractive option for luxury living in Dubai.

Q02

What types of properties and prices are available in Maldives 3?

Maldives 3 offers townhouses and villas priced at AED 2,407,000. This exclusive development by Damac Properties provides luxurious living options in Dubai, ensuring a unique lifestyle experience for its residents.

Q03

What is the payment plan for Maldives 3 in Dubai?

Maldives 3 features a flexible payment plan with a 20% down payment, followed by 55% during construction and 25% upon handover. This structured approach makes investing in luxury real estate in Dubai more manageable for buyers.

Q04

When will Maldives 3 be ready for occupancy?

Maldives 3 is expected to be completed by December 31, 2028. This timeline allows investors ample time to prepare for their new luxury lifestyle in Dubai, with construction already initiated in March 2025.

Q05

Where is Maldives 3 located in Dubai?

Maldives 3 is located at DAMAC Islands, Maldives, in Dubai. This prime location offers stunning views and easy access to various amenities, making it a desirable area for residents seeking luxury living.

Q06

Who is developing Maldives 3?

Maldives 3 is developed by Damac Properties, a leading name in the UAE real estate market. Known for their luxurious developments, Damac Properties ensures high-quality construction and premium amenities in all their projects.

Q07

What amenities are available in Maldives 3?

Maldives 3 offers a range of top-notch amenities, including an indoor swimming pool, landscaped gardens, CCTV security, a gymnasium, restaurants, and a children's play area. These features enhance the living experience and contribute to a family-friendly environment.

Q08

What types of properties are available in Maldives 3?

In Maldives 3, buyers can choose from luxurious townhouses and villas. This variety caters to different lifestyles and preferences, ensuring that there is a perfect home for everyone in this exclusive Dubai development.

Q09

Is investing in Maldives 3 a good opportunity?

Investing in Maldives 3 offers excellent potential for capital appreciation and a high ROI, given its prime location and luxurious amenities. The growth of Dubai's real estate market, especially in luxury segments, makes this project an attractive option for investors.

Q10

How can I book a property in Maldives 3?

To book a property in Maldives 3, potential buyers should contact Damac Properties directly or visit their official website for more information. Engaging with the developer ensures a smooth booking process and access to the latest updates on available units.

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